Northwest Bancshares (NWBI) executive exercises options, sells 13,274 shares
Rhea-AI Filing Summary
Northwest Bancshares, Inc. executive James M. Colestro reported a same‑day option exercise and share sale on July 30, 2026. He exercised stock options covering 13274 shares of common stock at exercise prices of 15.5700, 9.7100 and 13.6800 per share, and also sold 13274 shares of common stock at a weighted average price of 15.7700 per share, with individual trade prices ranging from 15.765 to 15.775. After these transactions, he indirectly held 25328.4420 shares through a 401-K plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 13,274 shares ($42K approx. pre-tax spread)
Exercise and Sale
8 txns
Insider
Colestro James M
Role
Chief Retail Lending Officer
Sold
13,274 shs ($209K)
Approx. gross sale proceeds
$209K
Approx. exercise cost
$168K
Approx. pre-tax spread
$42K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 2,178 | $15.57 | $34K |
| Exercise | Stock Options (Right to Buy) | 4,568 | $9.71 | $44K |
| Exercise | Stock Options (Right to Buy) | 6,528 | $13.68 | $89K |
| Exercise | Northwest Bancshares, Inc. Common Stock | 2,178 | $15.57 | $34K |
| Exercise | Northwest Bancshares, Inc. Common Stock | 4,568 | $9.71 | $44K |
| Exercise | Northwest Bancshares, Inc. Common Stock | 6,528 | $13.68 | $89K |
| Sale | Northwest Bancshares, Inc. Common Stock F1 | 13,274 | $15.77 | $209K |
| holding | Northwest Bancshares, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 shares (Direct);
Northwest Bancshares, Inc. Common Stock — 37,011.373 shares (Direct);
Northwest Bancshares, Inc. Common Stock — 25,328.442 shares (Indirect, 401-K)
Footnotes (1)
- F1. Average price of 4 lots with a high of $15.775 and a low of $15.765.
Key Figures
Common shares sold: 13274 shares
Sale price (weighted average): 15.7700 per share
Options exercised: 13274 shares
+2 more
5 metrics
Common shares sold
13274 shares
Non-derivative sale on 2026-07-30 coded S
Sale price (weighted average)
15.7700 per share
Average of four lots with prices from 15.765 to 15.775
Options exercised
13274 shares
Total underlying common shares from three option exercises on 2026-07-30
Exercise prices
15.5700; 9.7100; 13.6800
Per-share exercise prices of the three stock option grants
Indirect 401-K holdings
25328.4420 shares
Indirect ownership through a 401-K after the reported transactions
Key Terms
Stock Options (Right to Buy), Exercise or conversion of derivative security, Sale in open market or private transaction, 401-K
4 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
401-K financial
"nature_of_ownership: 401-K"
AI-generated analysis. How Rhea-AI works. Not financial advice.