Watson Scott J 4

What Happened

• Scott J. Watson, Chief Information Officer of Northwest Bancshares (NWBI), had 596 shares withheld to satisfy tax withholding related to the vesting of restricted stock units. The withholding is reported as a disposal at $12.21 per share for a total of about $7,277. This was a tax-withholding action, not an open-market sale.

Key Details

• Transaction date: 2026-03-20
• Report filed: 2026-03-24 (filed within the two-business-day Form 4 deadline)
• Transaction type/code: F (shares withheld to satisfy tax withholding upon RSU vesting)
• Shares withheld/disposed: 596 at $12.21 each — total ≈ $7,277
• Footnote: F1 — reflects shares withheld to satisfy the reporting person's tax withholding obligation upon RSU vesting
• Shares owned after transaction: not specified in the provided filing summary

Context

• This was a routine tax-withholding disposition tied to RSU vesting (cashless withholding), which is common and does not necessarily indicate a change in the insider’s view of the company.