Northwest Bancshares (NWBI) CFO has 3,845 shares withheld for taxes

Rhea-AI Filing Summary

Northwest Bancshares, Inc. Chief Financial Officer Douglas M. Schosser reported a Form 4 transaction involving company common stock. On March 20, 2026, 3,845 shares were disposed of at $12.21 per share as a tax-withholding disposition tied to the vesting of a restricted stock unit award. After this withholding, he directly holds 79,557.559 shares of Northwest Bancshares common stock.

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
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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^*

Schosser Douglas M

(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 Financial 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		3,845	D	$12.21	79,557.559(1)	D

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:

	Douglas M. Schosser	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)

FAQ

What insider transaction did Northwest Bancshares (NWBI) report for its CFO?

Northwest Bancshares reported that CFO Douglas M. Schosser had 3,845 shares of common stock withheld at $12.21 per share. The shares were used to satisfy tax withholding obligations upon vesting of a restricted stock unit award, not as an open-market trade.

Was the Northwest Bancshares (NWBI) CFO transaction a stock sale on the open market?

No, the Form 4 shows a tax-withholding disposition under transaction code F, not an open-market sale. Shares were delivered back to cover tax obligations related to vesting restricted stock units, rather than being sold to public market buyers.

How many Northwest Bancshares (NWBI) shares were involved in the CFO’s tax withholding?

The transaction involved 3,845 shares of Northwest Bancshares common stock at a reported price of $12.21 per share. These shares were withheld specifically to satisfy the reporting person’s tax withholding requirement triggered by restricted stock unit vesting.

How many Northwest Bancshares (NWBI) shares does the CFO hold after this Form 4 transaction?

Following the tax-withholding disposition, CFO Douglas M. Schosser directly holds 79,557.559 shares of Northwest Bancshares common stock. This post-transaction holding figure comes directly from the Form 4 and reflects his remaining direct ownership after the RSU-related withholding.

What does transaction code F mean in the Northwest Bancshares (NWBI) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects shares withheld to satisfy the CFO’s tax withholding obligation stemming from the vesting of a restricted stock unit, rather than a voluntary market sale.