Watson Scott J 4

What Happened

• Scott J. Watson, Chief Information Officer of Northwest Bancshares (NWBI), was granted 6,819 restricted stock units (RSUs) on March 13, 2026. The Form 4 reports an acquisition price of $0.00 for the award (total reported value $0).

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed within the two-business-day deadline).
• Transaction type: A (award/grant of RSUs).
• Shares granted: 6,819 RSUs; acquisition price per share shown as $0.00 in the filing.
• Shares owned after transaction: not specified in the excerpt provided.
• Footnote: One-third of the RSU grant vests each year beginning March 13, 2027 and on each March 13 thereafter through March 13, 2029.

Context

• RSUs are compensation awards that convert to actual shares as they vest; they are not an open‑market purchase or sale and therefore do not directly signal an immediate buy/sell decision by the insider. The multi-year vesting schedule means the award vests over three years, subject to any company-specific terms or forfeiture conditions.