STOCK TITAN

Equity grant: Northwest Bancshares (NWBI) director receives 4,053 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Northwest Bancshares, Inc. director Tullio David M reported an equity compensation grant of 4,053 shares of Northwest Bancshares common stock. The shares were awarded at no cash cost as a restricted stock award and will fully vest on June 5, 2027.

Following this grant, the director holds 34,104 common shares directly and an additional 1,000 shares indirectly listed as held "By Company." This Form 4 reflects a compensation-related acquisition rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.

Insights

Director receives time-based restricted stock award; routine equity compensation with no open-market trading.

The filing shows director Tullio David M receiving 4,053 Northwest Bancshares common shares as a grant coded "A" (grant, award, or other acquisition) at a price of $0.0000 per share. A footnote clarifies these are RSA shares that fully vest on June 5, 2027, indicating a time-based vesting schedule.

After the grant, direct holdings rise to 34,104 common shares, with a separate 1,000 shares reported as indirectly held "By Company." There are no derivative positions and no reported open‑market buys or sells, so the transaction is best viewed as standard director compensation rather than a trading signal.

Insider Tullio David M
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 — 34,104 shares (Direct, null); Northwest Bancshares, Inc. Common Stock — 1,000 shares (Indirect, By Company)
Footnotes (1)
  1. [object Object]
Restricted stock grant 4,053 shares Common stock grant coded A on June 5, 2026
Grant price $0.0000 per share Stated price for the 4,053-share award
Direct holdings after grant 34,104 shares Common stock directly owned following the transaction
Indirect holdings 1,000 shares Common stock indirectly held "By Company"
Vesting date June 5, 2027 Full vesting date for the RSA shares
RSA shares financial
"This grant of RSA shares will fully vest on June 5, 2027."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
"ownership_type": "indirect", "ownership_code": "I""
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SEC Form 4
FORM 4UNITED 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*
Tullio David M

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Northwest Bancshares, Inc. Common Stock06/05/2026A4,053(1)A$034,104D
Northwest Bancshares, Inc. Common Stock1,000IBy Company
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This grant of RSA shares will fully vest on June 5, 2027.
Remarks:
David M. Tullio by Douglas M. Schosser, Attorney-in-Fact06/09/2026
** Signature of Reporting PersonDate
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 did Northwest Bancshares (NWBI) director Tullio David M report on this Form 4?

The director reported receiving a grant of 4,053 Northwest Bancshares common shares as equity compensation. The award increased his direct holdings to 34,104 shares, with an additional 1,000 shares reported as held indirectly "By Company."

Was the Northwest Bancshares (NWBI) Form 4 transaction a market buy or sell?

No, the Form 4 shows a grant coded "A" for 4,053 shares, meaning a grant, award, or other acquisition. The shares were awarded at a stated price of $0.0000, so this is compensation, not an open‑market purchase or sale.

When do the 4,053 RSA shares granted to the Northwest Bancshares (NWBI) director vest?

The footnote states that this grant of RSA shares will fully vest on June 5, 2027. Until vesting, the award is typically subject to continued service or similar conditions, aligning the director’s long‑term incentives with company performance and governance.

How many Northwest Bancshares (NWBI) shares does the director hold after this Form 4?

After the reported grant, the director holds 34,104 Northwest Bancshares common shares directly. The filing also reports 1,000 additional common shares as indirectly held, described with the ownership nature "By Company" on the Form 4.

Does the Northwest Bancshares (NWBI) Form 4 show any options or other derivatives?

No, the derivativeSummary section is empty in this Form 4, indicating no option, warrant, or other derivative transactions were reported. The filing only shows common stock positions and the new restricted stock award grant to the director.