First Northwest (FNWB) CFO Phyllis Rose Withholds 605 Shares for Taxes

What Happened
Phyllis Rose, Chief Financial Officer of First Northwest Bancorp (FNWB), had 605 shares disposed/withheld on May 7, 2026 to satisfy tax obligations related to equity compensation. The shares were valued at $9.97 each for a total of approximately $6,032. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: May 7, 2026; Filing date (Form 4): May 8, 2026 (timely filed).
• Price: $9.97 per share; Total value of shares withheld: ~$6,032.
• Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 describes unvested restricted stock grants totaling 9,781 shares (3,333 vesting half on Jan 7, 2027; 3,333 vesting half annually beginning May 7, 2027; 3,115 vesting one-third annually beginning Mar 7, 2027).

Context
Tax-withholding dispositions are routine when restricted stock vests or options are exercised; they reflect withholding to satisfy tax obligations rather than a discretionary sale and generally should not be interpreted as a directional signal about the insider's view of the company.