Canfield Joseph D Jr 4

What Happened
Joseph D. Canfield Jr., Chief Accounting Officer of Northwest Bancshares (NWBI), had 547 shares withheld to satisfy tax withholding related to the vesting of restricted stock units. The shares were valued at $12.28 each, for a total of approximately $6,717 (transaction reported as "disposed" under code F).

Key Details

• Transaction date: 2026-03-09; Filing date (Form 4): 2026-03-11 (appears timely for a March 9 transaction).
• Price: $12.28 per share; Shares withheld/disposed: 547; Total value ≈ $6,717.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 indicates shares were withheld to satisfy the reporting person's tax withholding obligation upon RSU vesting. F2 (in the filing) notes dividend equivalent rights accrue on prior RSUs and are subject to the same terms.
• Transaction code F = tax withholding (a withholding disposition), not an open-market sale.

Context
This was a routine tax-withholding event tied to RSU vesting rather than an active market sale. Such withholding is common and generally does not signal the insider's view of the company's stock. Dividend-equivalent accruals tied to RSUs were also noted in the filing and follow the underlying RSU terms.