Northwest Bancshares (NWBI) director receives 4,053-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Paup Mark A reported acquisition or exercise transactions in this Form 4 filing.
Northwest Bancshares, Inc. director Mark A. Paup reported an equity grant and updated holdings. He received a grant of 4,053 RSA shares of common stock at a price of $0.0000 per share, which will fully vest on June 5, 2027. Following the grant, he directly owns 66,839.927 shares and indirectly holds 10,802.728 shares through his spouse. An additional line reflects transactions not required to be reported under Section 16 of the Securities Exchange Act of 1934.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Paup Mark A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Northwest Bancshares, Inc. Common Stock | 4,053 | $0.00 | -- |
| holding | Northwest Bancshares, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Northwest Bancshares, Inc. Common Stock — 66,839.927 shares (Direct, null);
Northwest Bancshares, Inc. Common Stock — 10,802.728 shares (Indirect, Spouse)
Footnotes (1)
- This grant of RSA shares will fully vest on June 5, 2027. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
Key Figures
RSA grant size: 4,053 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 66,839.927 shares
+2 more
5 metrics
RSA grant size
4,053 shares
Grant, award, or other acquisition of common stock
Grant price per share
$0.0000 per share
Reported transaction price for RSA grant
Direct holdings after grant
66,839.927 shares
Total Northwest Bancshares common stock directly owned after transaction
Indirect spouse holdings
10,802.728 shares
Common stock indirectly owned through spouse
RSA vesting date
June 5, 2027
Date when 4,053 RSA shares will fully vest
Key Terms
RSA shares, Section 16 of the Securities Exchange Act of 1934, indirect ownership
3 terms
Section 16 of the Securities Exchange Act of 1934 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
indirect ownership financial
"total_shares_following_transaction 10802.7280, direct_or_indirect I, nature_of_ownership Spouse"