Northwest Bancshares CRO reports tax share withholding

Northwest Bancshares, Inc. Chief Risk Officer Gregory J. Betchkal reported a routine tax-withholding transaction related to equity compensation.

Rhea-AI Filing Summary

Northwest Bancshares, Inc. Chief Risk Officer Gregory J. Betchkal reported a routine tax-withholding transaction related to equity compensation. On March 16, 2026, 1,273 shares of Northwest Bancshares common stock were disposed of at a price of $12.26 per share to satisfy his tax withholding obligation upon the vesting of a restricted stock unit award. Following this non-market transaction, he holds 90,298.082 shares directly, indicating he retains a substantial equity position in the company.

Insights

Bank equity compensation analyst

Routine tax withholding on RSU vesting with sizable holdings retained.

The filing shows Chief Risk Officer Gregory J. Betchkal had 1,273 Northwest Bancshares shares withheld at $12.26 per share on March 16, 2026. The code F and footnote confirm this was to cover taxes on a restricted stock unit vesting, not an open-market sale.

After the withholding, he directly holds 90,298.082 shares, which suggests this is a small, mechanistic adjustment relative to his total position. Because the transaction is compensation-related and not driven by discretionary trading, its informational value for investors is limited and does not materially change the overall investment picture.

Insider Trade Summary

Exercise Price or Tax Liability: 1,273 shares

Exercise Price or Tax Liability 1 txn

Insider Betchkal Gregory J.

Role Chief Risk Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Northwest Bancshares, Inc. Common Stock	1,273	$12.26	$16K

Holdings After Transaction: Northwest Bancshares, Inc. Common Stock — 90,298.082 shares (Direct)

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 Northwest Bancshares (NWBI) report for Gregory J. Betchkal?

Northwest Bancshares reported that Chief Risk Officer Gregory J. Betchkal had 1,273 shares withheld at $12.26 per share. This was a tax-withholding disposition tied to the vesting of a restricted stock unit, not an open-market share sale.

Was the Northwest Bancshares (NWBI) Form 4 transaction an open-market sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld to satisfy Betchkal’s tax obligation when a restricted stock unit vested, a common non-discretionary equity compensation event for executives.

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

The filing shows 1,273 Northwest Bancshares common shares were disposed of at $12.26 per share. According to the footnote, these shares were withheld by the company to cover Betchkal’s tax liability triggered by a restricted stock unit vesting.

How many Northwest Bancshares (NWBI) shares does Gregory J. Betchkal hold after this transaction?

After the tax-withholding transaction, Betchkal directly holds 90,298.082 Northwest Bancshares shares. This indicates the withheld 1,273 shares represent a relatively small portion of his overall equity stake in the company following the restricted stock unit vesting.

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

Transaction code F indicates shares were used to pay an exercise price or tax liability. Here, it reflects shares withheld to satisfy Betchkal’s tax withholding obligation when a restricted stock unit vested, rather than shares sold in the open market.

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

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Accepted by SEC EDGAR 03/18/2026 - 03:35 PM 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^*

Betchkal Gregory J.

(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 Risk Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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	03/16/2026		F		1,273	D	$12.26	90,298.082(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:

	Gregory J. Betchkal by Douglas M. Schosser, Attorney-in-Fact	03/18/2026
	** 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)