STOCK TITAN

Northwest Bancshares (NWBI) executive exercises options, sells 13,274 shares

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. F1. Average price of 4 lots with a high of $15.775 and a low of $15.765.
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
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did Northwest Bancshares (NWBI) insider James M. Colestro report in this Form 4?

James M. Colestro reported exercising stock options for 13274 Northwest Bancshares common shares and selling 13274 shares of common stock on July 30, 2026, along with updated indirect 401-K share holdings.

How many Northwest Bancshares (NWBI) shares did James M. Colestro sell and at what price?

He sold 13274 shares of Northwest Bancshares common stock at a weighted average price of 15.7700 per share, with four trade lots executed between 15.765 and 15.775 per share.

Which stock options did James M. Colestro exercise in the Northwest Bancshares (NWBI) Form 4?

He exercised three tranches of Stock Options (Right to Buy), covering a total of 13274 underlying shares, at exercise prices of 15.5700, 9.7100 and 13.6800 per share on July 30, 2026.

How many Northwest Bancshares (NWBI) shares does James M. Colestro hold indirectly after these trades?

After the reported transactions, Colestro indirectly held 25328.4420 shares of Northwest Bancshares common stock through a 401-K plan, as shown in the indirect ownership entry.

Was James M. Colestro’s Northwest Bancshares (NWBI) trading marked as under a Rule 10b5-1 plan?

The Form 4 shows the document-level Rule 10b5-1 checkbox as false, and there is no specific 10b5-1 trading plan reference in the transaction details provided.
SEC Form 4
FORM 4UNITED 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*
Colestro James 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Retail Lending Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Northwest Bancshares, Inc. Common Stock07/30/2026M2,178A$15.5739,189.373D
Northwest Bancshares, Inc. Common Stock07/30/2026M4,568A$9.7143,757.373D
Northwest Bancshares, Inc. Common Stock07/30/2026M6,528A$13.6850,285.373D
Northwest Bancshares, Inc. Common Stock07/30/2026S13,274D$15.77(1)37,011.373D
Northwest Bancshares, Inc. Common Stock25,328.442I401-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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy)$15.5707/30/2026M2,17805/17/201705/17/2027Northwest Bancshares, Inc. Common Stock2,178$15.570D
Stock Options (Right to Buy)$9.7107/30/2026M4,56805/20/202005/20/2030Northwest Bancshares, Inc. Common Stock4,568$9.710D
Stock Options (Right to Buy)$13.6807/30/2026M6,52805/25/202105/25/2031Northwest Bancshares, Inc. Common Stock6,528$13.680D
Explanation of Responses:
1. Average price of 4 lots with a high of $15.775 and a low of $15.765.
Remarks:
James M. Colestro by Douglas M. Schosser, Attorney-in-Fact07/31/2026
** Signature of Reporting PersonDate
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)