Schosser Douglas M 4

What Happened
Douglas M. Schosser, Chief Financial Officer of Northwest Bancshares, purchased 1,500 shares of NWBI stock in an open-market transaction on 2026-05-01 at an average reported price of $13.92, for a total value of approximately $20,883. This was a purchase (insider buy), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-05-01 (reported on Form 4 filed 2026-05-04).
• Transaction type: Open-market purchase (code P).
• Shares bought: 1,500 at an average price of $13.92; total ~$20,883.
• Footnote: F1 — average price is based on 14 lots with a high of $13.985 and a low of $13.720.
• Shares owned after transaction: Not shown in the excerpt provided; check the full Form 4 for "shares owned following reported transaction."
• Filing timeliness: Form 4 was filed 2026-05-04 reporting the May 1 trade; this filing appears to be within the normal SEC two-business-day window.

Context
This is a straightforward open-market purchase by the company’s CFO for a modest dollar amount (~$21k). Insider purchases can signal confidence, but the relatively small size means it should be weighed with other insider activity and company fundamentals rather than taken as a standalone endorsement.