Anderson Sherilyn G 4

What Happened

• Sherilyn G. Anderson, a director of First Northwest Bancorp (FNWB), was granted 2,533 restricted shares on March 7, 2026. The shares were valued at $9.18 each for a total grant value of $23,253. This was an award/grant of restricted stock under the company’s 2020 Equity Incentive Plan, not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-03-07, 2,533 shares at $9.18 per share (total $23,253).
• Vesting: Footnote indicates these 2,533 shares are unvested and will vest in full on March 7, 2027.
• Ownership after transaction: The filing notes the 2,533 unvested shares were granted; total beneficial ownership reported in the Form 4 excerpt provided is not stated here.
• Plan/authority: Grant made under the Issuer’s 2020 Equity Incentive Plan.
• Filing timeliness: Transaction reported on a Form 4 filed March 9, 2026 for a March 7, 2026 grant; this appears to have been filed within the standard Form 4 reporting window.

Context

• Restricted stock awards are compensation and vest over time; they are not an immediate bet on the stock price since the shares are unvested until the vesting date.
• Such awards are common for directors and are meant to align their interests with shareholders; they do not necessarily indicate a near‑term buy or sell signal.