Northwest Bancshares (NWBI) CFO adds 1,500 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northwest Bancshares, Inc. Chief Financial Officer Douglas M. Schosser reported an open-market purchase of 1,500 shares of the company’s common stock. The shares were bought at an average price of $13.922 per share.
After this transaction, Schosser directly holds 81,057.559 Northwest Bancshares shares. A footnote explains the reported price reflects the average of 14 separate trade lots, with a high of $13.985 and a low of $13.720.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,500 shares ($20,883)
Net Buy
1 txn
Insider
Schosser Douglas M
Role
Chief Financial Officer
Bought
1,500 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Northwest Bancshares, Inc. Common Stock | 1,500 | $13.922 | $21K |
Holdings After Transaction:
Northwest Bancshares, Inc. Common Stock — 81,057.559 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 1,500 shares
Average purchase price: $13.922 per share
Post-transaction holdings: 81,057.559 shares
+2 more
5 metrics
Shares purchased
1,500 shares
Open-market purchase by CFO on 2026-05-01
Average purchase price
$13.922 per share
Reported average for the 1,500-share transaction
Post-transaction holdings
81,057.559 shares
Direct Northwest Bancshares shares held by CFO after trade
High trade price
$13.985 per share
Highest of 14 lots in the reported purchase
Low trade price
$13.720 per share
Lowest of 14 lots in the reported purchase
Key Terms
open-market purchase, non-derivative, average price, Form 4
4 terms
open-market purchase financial
"The transaction is classified as an open-market purchase of common stock."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"The Form 4 lists the transaction type as non-derivative common stock."
average price financial
"A footnote states the reported value is an average price of 14 lots."
Form 4 regulatory
"The insider transaction was disclosed in a Form 4 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.