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Northwest Bancshares (NWBI) CFO receives 18,903-share RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Schosser Douglas M reported acquisition or exercise transactions in this Form 4 filing.

Northwest Bancshares, Inc. reported that Chief Financial Officer Douglas M. Schosser received a grant of 18,903 shares of Northwest Bancshares, Inc. common stock as a restricted stock unit award. The award was recorded at a price of $0.00 per share as part of his compensation.

After this grant, Schosser directly holds 83,402.559 shares of the company’s common stock. According to the footnote, one third of the RSU shares will vest each year beginning on March 13, 2027, and then on March 13, 2028 and March 13, 2029.

Positive

  • None.

Negative

  • None.
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*
Schosser Douglas M

(Last) (First) (Middle)
3 EASTON OVAL
SUITE 500

(Street)
COLUMBUS OH 43219

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/13/2026 A 18,903(1) A $0 83,402.559 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. One third of this grant of RSU shares will vest each year beginning March 13, 2027 and on each March 13th thereafter through March 13, 2029.
Remarks:
Douglas M. Schosser 03/17/2026
** 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.

FAQ

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

Northwest Bancshares reported that its Chief Financial Officer, Douglas M. Schosser, received a grant of 18,903 restricted stock unit shares of common stock. This grant was recorded at $0.00 per share and reflects equity-based compensation rather than an open-market stock purchase.

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

Following the reported grant, CFO Douglas M. Schosser directly holds 83,402.559 shares of Northwest Bancshares common stock. This total includes the newly awarded restricted stock unit shares, which will vest over time according to the schedule disclosed in the filing’s footnote.

Was the Northwest Bancshares (NWBI) CFO’s Form 4 transaction a stock purchase or a grant?

The Form 4 shows a grant or award acquisition, not an open-market stock purchase. The transaction code is “A,” described as a grant, award, or other acquisition, with the 18,903 shares recorded at $0.00 per share as part of compensation.

What is the vesting schedule for the CFO’s RSU grant at Northwest Bancshares (NWBI)?

The RSU grant vests in three equal installments. One third of the 18,903 restricted stock unit shares will vest each year beginning March 13, 2027, and then on each March 13 thereafter through March 13, 2029, as specified in the footnote.

What type of security did Northwest Bancshares (NWBI) grant to its CFO?

The company granted restricted stock units tied to Northwest Bancshares, Inc. common stock. The Form 4 describes the security as common stock, with a footnote clarifying that the transaction involves an RSU grant that vests in annual installments between 2027 and 2029.

Does the Northwest Bancshares (NWBI) Form 4 indicate any stock sales by the CFO?

The Form 4 does not report any stock sales by the CFO. It shows a single acquisition transaction coded as a grant or award of 18,903 restricted stock unit shares, increasing his direct holdings to 83,402.559 shares of common stock after the transaction.
Northwest Bancshares Inc Md

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