Northwest Bancshares (NWBI) CIO has 596 shares withheld for taxes on RSU vesting

Rhea-AI Filing Summary

Northwest Bancshares, Inc. Chief Information Officer Scott J. Watson reported a routine tax-related share disposition. On March 20, 2026, 596 shares of Northwest Bancshares common stock were withheld at $12.21 per share to cover his tax obligation upon vesting of a restricted stock unit award. After this withholding, Watson directly holds 54,540.63 shares, so the transaction represents only a small portion of his overall position and does not reflect an open-market sale.

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

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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^*

Watson Scott J

(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)
03/20/2026

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	03/20/2026		F		596	D	$12.21	54,540.63(1)	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.

Remarks:

	Scott J. Watson by Douglas M. Schosser, Attorney-in-Fact	03/24/2026
	** 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 Scott J. Watson?

Northwest Bancshares reported that CIO Scott J. Watson had 596 shares withheld to cover taxes when a restricted stock unit vested. This was a tax-withholding disposition, not an open-market purchase or sale of NWBI common stock.

Was the Northwest Bancshares (NWBI) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The 596 shares were withheld by the company to satisfy tax withholding obligations tied to a vesting restricted stock unit, which is a routine, compensation-related event.

How many Northwest Bancshares (NWBI) shares does Scott J. Watson hold after this Form 4?

After the reported tax-withholding transaction, CIO Scott J. Watson directly holds 54,540.63 shares of Northwest Bancshares common stock. The 596 withheld shares are a small fraction of this post-transaction ownership position.

What does transaction code "F" mean in the Northwest Bancshares (NWBI) Form 4?

Transaction code "F" indicates payment of an exercise price or tax liability by delivering or withholding securities. Here, 596 NWBI shares were withheld to satisfy taxes owed when a restricted stock unit vested.

What role does Scott J. Watson hold at Northwest Bancshares (NWBI)?

Scott J. Watson is the Chief Information Officer of Northwest Bancshares, Inc. His Form 4 filing reports a routine tax-withholding share disposition related to the vesting of a restricted stock unit award, not a discretionary trade in NWBI shares.