First Northwest Bancorp Director Dana D. Behar Sells 25,000 Shares

What Happened

• Dana D. Behar, a director of First Northwest Bancorp (FNWB), sold 25,000 shares in open-market transactions on August 14, 2026. The trades were executed at prices ranging from $11.51 to $11.54 per share, for a reported weighted-average price of $11.5101 and aggregate proceeds of approximately $287,750. The filing notes the sale was made to rescind the effect of prior purchases in the reporting person’s IRA account.

Key Details

• Transaction date: August 14, 2026 (filed on the Form 4 dated Aug 18, 2026).
• Price range and average: $11.51–$11.54 per share; weighted average $11.5101 (footnote F1).
• Shares sold: 25,000; proceeds ≈ $287,750.
• Reported holdings (per footnote F3): includes 19,852 shares owned jointly with spouse; 75,000 shares held in an IRA; and 2,533 unvested restricted shares (vesting in full on March 7, 2027).
• Notable footnotes:
  • F1: Sale occurred in multiple trades on the reported date; reporting person will provide per-trade details to SEC staff or a security holder upon request.
  • F2: The sale was made to rescind the effect of prior purchases in the reporting person’s IRA account.
  • F3: Breakdown of reported holdings (joint, IRA, unvested) and vesting date for restricted shares.
• Filing timeliness: Trade date Aug 14, 2026; Form 4 filed Aug 18, 2026 (four days later). Form 4s are generally due within two business days of the transaction, so this appears later than the usual deadline.

Context

• This was a sale (not a purchase). Sales by insiders can be routine (tax, portfolio management, or account-correction reasons such as here) and do not necessarily signal a change in view on the company. The filing’s F2 note indicates the transaction was related to reversing earlier IRA purchases, which is an administrative reason rather than a clear market signal.