DAVIS WILBUR R 4
4 · Northwest Bancshares, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Northwest Bancshares (NWBI) Director Wilbur R. Davis Receives Award
What Happened
Wilbur R. Davis, a director of Northwest Bancshares, Inc. (NWBI), received a grant of 4,053 restricted common shares on June 5, 2026. The shares were reported at $0.00 per share (award grant), so no cash was paid in the transaction. This was an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-06-05 — Grant/Award (Form 4 code A) of 4,053 shares at $0.00.
- Report filed: 2026-06-09 — appears timely (filed within two business days of the transaction).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: The 4,053 restricted stock award (RSA) will fully vest on June 5, 2027 (per footnote F1).
- No sale, purchase price, or tax-withholding action was reported in this excerpt.
Context
This is a standard compensation-related restricted stock award to a board member. Such awards vest over time (here, one year) and do not indicate immediate buying or selling activity in the open market. They reflect company compensation practices rather than an independent trading signal.
Insider Transaction Report
- Award
Northwest Bancshares, Inc. Common Stock
[F1]2026-06-05+4,053→ 86,684 total
- 48,000(indirect: By Spouse)
Northwest Bancshares, Inc. Common Stock
Footnotes (1)
- [F1]This grant of RSA shares will fully vest on June 5, 2027.