Northwest Bancshares (NWBI) officer reports tax withholding of 1,509 RSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northwest Bancshares, Inc. Chief Credit Officer Thomas K. Creal IV reported a routine tax-related share disposition linked to equity compensation. On March 9, 2026, 1,509 shares of common stock were withheld at $12.28 per share to cover his tax obligation upon vesting of restricted stock units. After this withholding, he directly holds 44,717.257 common shares. The filing also shows indirect ownership of 5,165.306 shares through a 401‑K account, reflecting transactions that are not required to be reported under Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Creal Thomas K IV
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Northwest Bancshares, Inc. Common Stock | 1,509 | $12.28 | $19K |
| holding | Northwest Bancshares, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Northwest Bancshares, Inc. Common Stock — 44,717.257 shares (Direct);
Northwest Bancshares, Inc. Common Stock — 5,165.306 shares (Indirect, 401-K)
Footnotes (1)
- Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit. Represents dividend equivalent rights accrued on RSUs previously granted to the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.