Northwest Bancshares (NWBI) director granted 4,053-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northwest Bancshares, Inc. director John P. Meegan received a grant of 4,053 shares of Northwest Bancshares common stock as a restricted stock award that was acquired at no cash cost. These RSA shares will fully vest on June 5, 2027. Following the grant, he holds 84,654 shares directly and 21,500 shares indirectly through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Meegan John P
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 — 84,654 shares (Direct, null);
Northwest Bancshares, Inc. Common Stock — 21,500 shares (Indirect, IRA)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award grant: 4,053 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 84,654 shares
+2 more
5 metrics
Restricted stock award grant
4,053 shares
Common stock grant coded as award acquisition
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Direct holdings after grant
84,654 shares
Common stock directly owned after the transaction
Indirect IRA holdings
21,500 shares
Common stock held indirectly through an IRA
RSA vesting date
June 5, 2027
Date when restricted stock award fully vests
Key Terms
RSA shares, IRA, Grant, award, or other acquisition
3 terms
IRA financial
"Northwest Bancshares, Inc. Common Stock ... nature_of_ownership: IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"