Northwest Bancshares (NWBI) CIO receives 47,217-share RSU award in Form 4 filing

Rhea-AI Filing Summary

Northwest Bancshares, Inc. reported that Chief Information Officer Steven Chad Ballard acquired 47,217 shares of Northwest Bancshares common stock as a grant or award. The Form 4 shows no cash paid per share, indicating this is an equity compensation grant rather than an open-market purchase.

Following this transaction, Ballard directly holds 47,217 shares of common stock. A footnote explains that this grant consists of RSU shares, with one third scheduled to vest on June 5, 2027, and additional thirds vesting on June 5, 2028 and June 5, 2029.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ballard Steven Chad

Role Chief Information Officer

Type	Security	Shares	Price	Value
Grant/Award	Northwest Bancshares, Inc. Common Stock	47,217	$0.00	--

Holdings After Transaction: Northwest Bancshares, Inc. Common Stock — 47,217 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU shares granted: 47,217 shares Price per share: $0.0000 per share Shares held after transaction: 47,217 shares +2 more

5 metrics

RSU shares granted 47,217 shares Grant of Northwest Bancshares common stock to CIO on June 5, 2026

Price per share $0.0000 per share Indicates equity compensation grant, not open-market purchase

Shares held after transaction 47,217 shares Total direct holdings of CIO after the grant

First vesting date June 5, 2027 One third of RSU grant vests on this date

Final vesting date June 5, 2029 Final third of RSU grant scheduled to vest

Key Terms

RSU, Grant, award, or other acquisition, Form 4, Common Stock

4 terms

RSU financial

"One third of this grant of RSU shares will vest each year beginning June 5, 2027"

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

Common Stock financial

"security_title": "Northwest Bancshares, Inc. Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Ballard Steven Chad

(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 Information Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

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	06/05/2026		A		47,217(1)	A	$0	47,217	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. One third of this grant of RSU shares will vest each year beginning June 5, 2027 and on each June 5th thereafter through June 5, 2029.

Remarks:

	Steven C. Ballard by Erin F. Siegfried, Attorney-in-Fact	06/09/2026
	** 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)

FAQ

What insider transaction did Northwest Bancshares (NWBI) report for Steven Chad Ballard?

Northwest Bancshares reported that Chief Information Officer Steven Chad Ballard received a grant of 47,217 shares of common stock. The shares were awarded as equity compensation, not bought on the open market, and increased his direct holdings to 47,217 shares.

Was the Northwest Bancshares (NWBI) insider transaction a market purchase or a grant?

The transaction was a grant, not a market purchase. Form 4 code “A” and a price of $0.0000 per share indicate a grant or award acquisition of 47,217 shares as part of compensation, rather than buying shares in the open market.

How many Northwest Bancshares (NWBI) shares does Steven Chad Ballard hold after this Form 4?

After the reported transaction, Steven Chad Ballard directly holds 47,217 shares of Northwest Bancshares common stock. All of these shares relate to the new equity grant disclosed, as his total direct holdings match the 47,217 awarded shares.

How do the RSU shares granted to the Northwest Bancshares (NWBI) CIO vest?

The RSU grant vests in three equal installments over three years. One third of the 47,217 RSU shares will vest on June 5, 2027, with additional one-third tranches vesting on June 5, 2028 and June 5, 2029, subject to the grant terms.

Did Northwest Bancshares (NWBI) disclose any derivative securities in this Form 4 filing?

No derivative securities were reported in this Form 4. The filing lists only a non-derivative transaction involving common stock and shows an empty derivative summary, indicating there were no options, warrants, or other derivative positions disclosed in this specific report.