Terwoerds Lynn 4

What Happened

• Lynn Terwoerds, a director of First Northwest Bancorp (FNWB), was granted 2,533 shares of restricted stock on March 7, 2026. The grant price reported was $9.18 per share, for a total reported value of $23,253. This was an award/grant (transaction code A) under the company’s equity plan, not an open-market purchase or sale.

Key Details

• Transaction date: March 7, 2026; Form 4 filed March 9, 2026 (timely filing).
• Shares granted: 2,533 restricted shares at $9.18 per share; total reported value $23,253.
• Vesting: The restricted shares will vest in full on March 7, 2027 (see footnotes F1 and F2).
• Shares owned after transaction: The filing does not specify total shares owned following this grant.
• Footnotes: F1 confirms the award is restricted stock under the 2020 Equity Incentive Plan and vests in full 3/7/2027; F2 reiterates the 2,533 unvested shares and the same vesting date.
• Transaction type: Award/Grant (A). No sale, purchase, option exercise, or tax-withholding reported.

Context

• Restricted stock awards are typically compensation and remain subject to vesting conditions; they are not immediate open-market purchases and do not, by themselves, signal buying or selling intent.
• For retail investors, awards increase an insider’s potential future stake once vested, but do not provide immediate liquidity or imply near-term insider trading.