Mahaney Allison Rebecca 4

What Happened

• Allison Mahaney, Chief Legal Officer of First Northwest Bancorp (FNWB), was granted 871 restricted shares on 2026-03-07 as an award under the company’s 2020 Equity Incentive Plan. The grant is valued at $9.18 per share, or $7,996 in total. This was an equity award (A = Award/Grant), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-03-07, 871 shares at $9.18/share (total $7,996).
• Filing date: Form 4 filed 2026-03-10 reporting the 03-07 grant.
• Shares owned after transaction: Not specified in the provided filing details.
• Vesting/footnotes:
  • F1: The 871 shares are restricted stock; one-third vests annually beginning March 7, 2027.
  • F2: The filing also notes existing unvested awards: 5,000 unvested restricted shares (one-third vesting annually beginning November 7, 2026) plus the 871-share award described above.
• Transaction code: A (award/grant).

Context

• Restricted stock awards are common compensation and vest over time; they increase an insider’s potential future stake but are subject to forfeiture until vested. This award is a compensated grant rather than a market purchase or sale, so it should be interpreted as routine executive compensation, not an immediate market-based endorsement.