Northwest Bancshares (NWBI) CIO receives 6,819-share RSU equity grant

Rhea-AI Filing Summary

Watson Scott J reported acquisition or exercise transactions in this Form 4 filing.

Northwest Bancshares, Inc. reported that Chief Information Officer Scott J. Watson received a grant of 6,819 shares of Northwest Bancshares common stock as an equity award. The shares are in the form of restricted stock units, with one third of the grant vesting on March 13, 2027 and additional thirds vesting on March 13, 2028 and March 13, 2029. After this award, Watson directly holds a reported total of 55,632.63 shares of the company’s common stock.

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 OH 43219

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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

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

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

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	03/13/2026		A		6,819(1)	A	$0	55,632.63	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 March 13, 2027 and on each March 13th thereafter through March 13, 2029.

Remarks:

	Scott J. Watson by Douglas M. Schosser, Attorney-in-Fact	03/17/2026
	** 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.

FAQ

What insider transaction did Northwest Bancshares (NWBI) report for Scott J. Watson?

Northwest Bancshares reported that Chief Information Officer Scott J. Watson received a grant of 6,819 shares of common stock. The shares are structured as restricted stock units that vest in stages between 2027 and 2029, reflecting a compensation-related equity award rather than an open-market purchase.

How many Northwest Bancshares (NWBI) shares were granted to the CIO in this Form 4?

The Form 4 shows a grant of 6,819 Northwest Bancshares common shares to Chief Information Officer Scott J. Watson. These shares were awarded at a stated price of $0.0000 per share as part of an equity award, not a cash purchase in the market.

What is the vesting schedule for Scott J. Watson’s Northwest Bancshares (NWBI) RSU grant?

One third of the restricted stock unit grant will vest on March 13, 2027. Additional one-third portions will vest on March 13, 2028 and March 13, 2029, creating a three-year vesting period that links the equity award to continued service over time.

What are Scott J. Watson’s Northwest Bancshares (NWBI) holdings after this Form 4 transaction?

After the reported equity award, Scott J. Watson is shown holding 55,632.63 shares of Northwest Bancshares common stock directly. This total includes the newly granted restricted stock units, which will vest over three annual installments through March 13, 2029.

Was the Northwest Bancshares (NWBI) CIO’s Form 4 transaction a market purchase or a grant?

The Form 4 describes the transaction as a grant or award acquisition, not an open-market purchase. The transaction code is “A,” and the price per share is listed as $0.0000, indicating compensation-related restricted stock units rather than a bought position.