Northwest Bancshares (NWBI) risk chief buys 5,000 shares in IRA
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northwest Bancshares, Inc. Chief Risk Officer Gregory J. Betchkal reported an open-market purchase of 5,000 shares of Northwest Bancshares common stock on April 30, 2026 at $13.93 per share through an IRA, an indirect holding. The filing also lists 88,814.082 Northwest Bancshares common shares held directly as of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($69,650)
Net Buy
2 txns
Insider
Betchkal Gregory J.
Role
Chief Risk Officer
Bought
5,000 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Northwest Bancshares, Inc. Common Stock | 5,000 | $13.93 | $70K |
| holding | Northwest Bancshares, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Northwest Bancshares, Inc. Common Stock — 5,000 shares (Indirect, IRA);
Northwest Bancshares, Inc. Common Stock — 88,814.082 shares (Direct, null)
Footnotes (1)
Key Figures
Open-market purchase: 5,000 shares
Purchase price: $13.93 per share
Direct holdings after filing: 88,814.082 shares
3 metrics
Open-market purchase
5,000 shares
Northwest Bancshares common stock bought on April 30, 2026
Purchase price
$13.93 per share
Price paid for 5,000 Northwest Bancshares shares
Direct holdings after filing
88,814.082 shares
Direct Northwest Bancshares common stock held as of April 30, 2026
Key Terms
open-market purchase, indirect ownership, IRA
3 terms
open-market purchase financial
"reported an open-market purchase of 5,000 shares of Northwest Bancshares 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.
indirect ownership financial
"the shares are held indirectly in an IRA account associated with him"
IRA financial
"at $13.93 per share through an IRA, an indirect holding"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.