Northwest Bancshares, Inc.·4

Jun 9, 4:50 PM ET

Paup Mark A 4

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Northwest Bancshares Director Mark Paup Receives Award of 4,053 Shares

What Happened Mark A. Paup, a director of Northwest Bancshares, Inc. (NWBI), was granted 4,053 restricted common shares on June 5, 2026. The shares were issued at $0.00 (no cash paid) and the grant is reported as an award/acquisition (code A). According to the filing, these restricted stock awards will fully vest on June 5, 2027.

Key Details

  • Transaction date: June 5, 2026 (reported on Form 4 filed June 9, 2026).
  • Transaction type and amount: Award/Grant of 4,053 shares at $0.00 (total reported cash consideration $0).
  • Vesting: Footnote F1 — the RSA grant will fully vest on June 5, 2027.
  • Additional footnote: F2 — reflects transactions not required to be reported pursuant to Section 16.
  • Shares owned after transaction: not disclosed in this filing.
  • Timeliness: Filing dated June 9, 2026 — four days after the grant date; Form 4s are generally due within two business days, so this filing appears delayed.

Context This was a compensation award (restricted stock), not an open-market purchase or sale. Such grants are common for directors and typically tie compensation to future service or performance; they do not by themselves signal a near-term trading intention. The shares will remain subject to vesting until the stated date and may be subject to withholding or other plan provisions when they vest.