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Northwest Bancshares (NWBI) grants 6,318-share RSU award to credit chief

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

Rhea-AI Filing Summary

Creal Thomas K IV reported acquisition or exercise transactions in this Form 4 filing.

Northwest Bancshares, Inc. Chief Credit Officer Thomas K. Creal IV reported an equity compensation grant in the form of 6,318 shares of common stock on March 13, 2026, coded as an award rather than an open-market purchase. Following this grant, he directly holds 51,035.257 shares of Northwest Bancshares common stock. He also has an indirect holding of 5,165.306 shares through a 401-K plan. A footnote explains that this award is 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.

Positive

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Insider Creal Thomas K IV
Role Chief Credit Officer
Type Security Shares Price Value
Grant/Award Northwest Bancshares, Inc. Common Stock 6,318 $0.00 --
holding Northwest Bancshares, Inc. Common Stock -- -- --
Holdings After Transaction: Northwest Bancshares, Inc. Common Stock — 51,035.257 shares (Direct); Northwest Bancshares, Inc. Common Stock — 5,165.306 shares (Indirect, 401-K)
Footnotes (1)
  1. [object Object]
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*
Creal Thomas K IV

(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 Credit 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 6,318(1) A $0 51,035.257 D
Northwest Bancshares, Inc. Common Stock 5,165.306 I 401-K
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:
Thomas K. Creal IV 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 Thomas K. Creal IV?

Northwest Bancshares reported an equity award to Chief Credit Officer Thomas K. Creal IV. He received 6,318 shares of common stock as a grant on March 13, 2026, increasing his direct holdings to 51,035.257 shares, plus 5,165.306 shares held indirectly through a 401-K plan.

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

The transaction was a stock grant, not an open-market purchase. The Form 4 lists the 6,318-share award under transaction code A, described as a grant, award, or other acquisition, indicating compensation rather than a discretionary buy in the open market.

How many Northwest Bancshares (NWBI) shares does Thomas K. Creal IV hold after the grant?

After the award, Thomas K. Creal IV directly holds 51,035.257 shares. The filing also shows an additional 5,165.306 shares held indirectly through a 401-K plan, giving investors a clearer view of his reported ownership stake in Northwest Bancshares common stock.

What are the vesting terms of the Northwest Bancshares (NWBI) RSU grant to Thomas K. Creal IV?

The RSU grant vests in three equal annual installments. A footnote states that one third of the 6,318 restricted stock unit shares will vest on March 13, 2027, with additional thirds vesting on March 13, 2028 and March 13, 2029, aligning with a multi-year incentive schedule.

Does the Northwest Bancshares (NWBI) Form 4 show any insider share sales by Thomas K. Creal IV?

The filing does not report any open-market sales. It shows one acquisition coded as a grant of 6,318 shares and a separate 401-K holding entry. There are no sale-coded transactions such as S or F in the reported data for this Form 4.

How is Thomas K. Creal IV’s 401-K position in Northwest Bancshares (NWBI) reported?

The 401-K holdings are reported as indirect ownership. The Form 4 lists 5,165.306 shares of Northwest Bancshares common stock under indirect ownership, with the nature of ownership labeled as “401-K,” reflecting retirement-plan shares separate from his directly held shares.