Northwest Bancshares CMO reports tax share withholding

Northwest Bancshares, Inc. Chief Marketing and Communications Officer Devin T. Cygnar reported a routine tax-withholding disposition.

Rhea-AI Filing Summary

Northwest Bancshares, Inc. Chief Marketing and Communications Officer Devin T. Cygnar reported a routine tax-withholding disposition. On March 20, 2026, 494 shares of Northwest Bancshares common stock were withheld at $12.21 per share to cover taxes upon the vesting of a restricted stock unit award, rather than being sold on the open market.

After this withholding, Cygnar held 19,160.671 shares directly. The filing also shows indirect ownership of 13,692.1279 shares through an IRA and 9,431.1280 shares through a 401(k), reflecting long-term, retirement-related holdings.

Insider Trade Summary

Exercise Price or Tax Liability: 494 shares

Exercise Price or Tax Liability 3 txns

Insider Cygnar Devin T

Role Chief Mktg/Comm. Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Northwest Bancshares, Inc. Common Stock	494	$12.21	$6K
holding	Northwest Bancshares, Inc. Common Stock	--	--	--
holding	Northwest Bancshares, Inc, Common Stock	--	--	--

Holdings After Transaction: Northwest Bancshares, Inc. Common Stock — 19,160.671 shares (Direct); Northwest Bancshares, Inc. Common Stock — 13,692.1279 shares (Indirect, IRA); Northwest Bancshares, Inc, Common Stock — 9,431.128 shares (Indirect, 401-K)

Footnotes (1)

1. F1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NWBI executive Devin T. Cygnar report?

Devin T. Cygnar reported a tax-withholding disposition of 494 Northwest Bancshares shares. These shares were withheld at $12.21 each to satisfy tax obligations triggered by the vesting of a restricted stock unit, not through an open-market sale or purchase.

How many Northwest Bancshares (NWBI) shares were withheld for taxes?

A total of 494 Northwest Bancshares common shares were withheld for taxes. The shares were valued at $12.21 per share and were used to cover Devin T. Cygnar’s tax obligation when a restricted stock unit vested on March 20, 2026.

How many NWBI shares does Devin T. Cygnar hold directly after the transaction?

After the tax withholding, Devin T. Cygnar held 19,160.671 Northwest Bancshares shares directly. This figure reflects his remaining direct ownership following the 494 shares withheld to cover taxes tied to a restricted stock unit vesting event.

What indirect Northwest Bancshares (NWBI) holdings does Devin T. Cygnar report?

Devin T. Cygnar reports indirect ownership of Northwest Bancshares shares through retirement accounts. The filing lists 13,692.1279 shares held via an IRA and 9,431.1280 shares held through a 401(k), indicating additional long-term positions beyond his direct shareholdings.

Was the NWBI insider transaction an open-market sale or a routine tax event?

The transaction was a routine tax event, not an open-market sale. Shares were withheld to satisfy Devin T. Cygnar’s tax obligation upon vesting of a restricted stock unit, a common administrative mechanism rather than a discretionary buy or sell decision.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/24/2026 - 04:50 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cygnar Devin T

(Last) (First) (Middle)

3 EASTON OVAL

SUITE 500

(Street)

COLUMBUS OHIO 43219

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Northwest Bancshares, Inc. [ NWBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Mktg/Comm. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Northwest Bancshares, Inc. Common Stock	03/20/2026		F		494	D	$12.21	19,160.671(1)	D
Northwest Bancshares, Inc. Common Stock								13,692.1279	I	IRA
Northwest Bancshares, Inc, Common Stock								9,431.128	I	401-K

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.

Remarks:

	Devin T. Cygnar by Douglas M. Schosser, Attorney-in-Fact	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)