Northwest Bancshares (NWBI) CAO has 974 shares withheld for taxes

Rhea-AI Filing Summary

Northwest Bancshares, Inc. reported that Chief Accounting Officer Joseph D. Canfield Jr had 974.0000 shares of common stock withheld on July 29, 2026 at $15.8900 per share to satisfy tax withholding obligations upon the vesting of a restricted stock unit. After this tax-withholding disposition, he directly holds 16,540.2890 shares, which include dividend equivalent rights accrued on previously granted RSUs.

Insider Trade Summary

Net Seller: 974 shares

Net Sell 1 txn

Insider Canfield Joseph D Jr

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Northwest Bancshares, Inc. Common Stock F1, F2	974	$15.89	$15K

Holdings After Transaction: Northwest Bancshares, Inc. Common Stock — 16,540.289 shares (Direct)

Footnotes (2)

1. F1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.
2. F2. 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.

Key Figures

Shares withheld for taxes: 974.0000 shares Per-share value for withholding: $15.8900 per share Direct holdings after transaction: 16,540.2890 shares

3 metrics

Shares withheld for taxes 974.0000 shares Common stock withheld on July 29, 2026 to satisfy tax withholding on RSU vesting

Per-share value for withholding $15.8900 per share Value assigned to the 974.0000 withheld shares on July 29, 2026

Direct holdings after transaction 16,540.2890 shares Direct common stock holdings, including dividend equivalent rights on previously granted RSUs, after the transaction

Key Terms

restricted stock unit, dividend equivalent rights, RSUs

3 terms

restricted stock unit financial

"upon the vesting of a restricted stock unit."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

dividend equivalent rights financial

"Represents dividend equivalent rights accrued on RSUs previously granted"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

RSUs financial

"Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/31/2026 - 03:09 PM Accepted by SEC EDGAR 07/31/2026 - 03:08 PM Learn about SEC filing dates

FAQ

What insider transaction did Joseph D. Canfield Jr report for NWBI?

Chief Accounting Officer Joseph D. Canfield Jr reported a tax-related share disposition. 974.0000 shares of Northwest Bancshares common stock were withheld to satisfy his tax obligations when a restricted stock unit vested, rather than being sold in an open-market trade.

How many Northwest Bancshares (NWBI) shares were withheld and at what price?

The filing shows 974.0000 shares of Northwest Bancshares common stock were withheld at $15.8900 per share. This amount reflects shares delivered to cover the reporting person’s tax withholding obligation related to a restricted stock unit vesting event.

Why were Northwest Bancshares (NWBI) shares withheld in this Form 4?

Shares were withheld to cover tax withholding obligations tied to a restricted stock unit vesting. A footnote explains the 974.0000 shares represent stock withheld from the award rather than a discretionary purchase or sale in the market.

What are Joseph D. Canfield Jr’s NWBI holdings after the reported transaction?

After the tax-withholding disposition, Joseph D. Canfield Jr directly holds 16,540.2890 shares of Northwest Bancshares common stock. A footnote notes these holdings include dividend equivalent rights accrued on previously granted restricted stock units, subject to the same terms as those RSUs.

Was the NWBI insider transaction made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed. This means the reported tax-withholding disposition of 974.0000 shares was not designated in the filing as executed under a pre-arranged Rule 10b5-1 trading plan.

What are dividend equivalent rights on NWBI RSUs in this context?

Dividend equivalent rights here are amounts accrued on previously granted RSUs that track dividends on Northwest Bancshares stock. The filing states these rights are subject to the same terms and conditions as the underlying restricted stock units held by the reporting person.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Canfield Joseph D Jr

(Last) (First) (Middle)

3 EASTON OVAL

SUITE 500

(Street)

COLUMBUS OHIO 43219

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Northwest Bancshares, Inc. [ NWBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Northwest Bancshares, Inc. Common Stock	07/29/2026		F		974(1)	D	$15.89	16,540.289(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.

2. 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.

Remarks:

	Joseph D. Canfield Jr. by Douglas M. Schosser, Attorney-in-Fact	07/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)