Chief Auditor at Northwest Bancshares (NWBI) sells 1,351 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northwest Bancshares, Inc. Chief Auditor Carey A. Barnum reported an open-market sale of 1,351 shares of Northwest Bancshares, Inc. Common Stock at a price of $13.97 per share. Following this transaction, Barnum directly holds 5,914.757 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,351 shares ($18,873)
Net Sell
1 txn
Insider
Barnum Carey A.
Role
Chief Auditor
Sold
1,351 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Northwest Bancshares, Inc. Common Stock | 1,351 | $13.97 | $19K |
Holdings After Transaction:
Northwest Bancshares, Inc. Common Stock — 5,914.757 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,351 shares
Sale price: $13.97 per share
Shares held after sale: 5,914.757 shares
3 metrics
Shares sold
1,351 shares
Open-market sale of common stock
Sale price
$13.97 per share
Price for the reported sale transaction
Shares held after sale
5,914.757 shares
Direct holdings following the transaction
Key Terms
open-market sale, Form 4, Northwest Bancshares, Inc. Common Stock, transaction code "S"
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"This transaction is disclosed in a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"The Form 4 identifies the transaction code as “S”"