Northwest Bancshares (NWBI) CPO has shares withheld for RSU tax obligation

Rhea-AI Filing Summary

Northwest Bancshares, Inc. Chief People Officer Kyle P. Kane reported a routine share disposition tied to equity compensation. On March 20, 2026, 537 shares of common stock were withheld at $12.21 per share to cover tax obligations upon the vesting of a restricted stock unit. After this tax withholding event, Kane directly held a total of 26,306.714 Northwest Bancshares common shares.

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

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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^*

Kane Kyle P.

(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 People 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		537	D	$12.21	26,306.714(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:

	Kyle P. Kane by Douglas M. Schosser, Attorney-in-Fact	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 Kyle P. Kane?

Northwest Bancshares reported a routine tax-related share disposition for Chief People Officer Kyle P. Kane. On March 20, 2026, 537 common shares were withheld to satisfy tax obligations when a restricted stock unit vested, rather than being sold on the open market.

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

No, the Form 4 for Northwest Bancshares shows a tax-withholding disposition, not an open-market sale. Shares were retained by the issuer to cover Kyle P. Kane’s tax liability upon restricted stock unit vesting, a common administrative step in equity compensation programs.

How many Northwest Bancshares (NWBI) shares were involved in Kyle P. Kane’s tax withholding?

The filing states that 537 Northwest Bancshares common shares were withheld. This occurred at a price of $12.21 per share, specifically to satisfy Kane’s tax withholding obligation related to the vesting of a restricted stock unit award granted as part of compensation.

How many Northwest Bancshares (NWBI) shares does Kyle P. Kane hold after this Form 4 event?

Following the reported tax-withholding transaction, Kyle P. Kane directly holds 26,306.714 shares of Northwest Bancshares common stock. This figure reflects his position after 537 shares were withheld by the company to cover taxes on a vested restricted stock unit.

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

Transaction code “F” denotes a payment of exercise price or tax liability by delivering securities. In this Northwest Bancshares filing, it indicates that 537 shares were withheld from Kyle P. Kane’s award to satisfy tax obligations tied to restricted stock unit vesting.