Creal Thomas K IV 4
4 · Northwest Bancshares, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
NWBI Chief Credit Officer Thomas Creal Withholds 438 Shares for Taxes
What Happened
Thomas K. Creal IV, Chief Credit Officer of Northwest Bancshares, had 438 shares withheld to satisfy his tax withholding obligation upon the vesting of restricted stock units. The filing reports those 438 shares at $12.26 per share, a notional value of $5,370. The reported disposition code is "F" (payment of exercise price or tax liability), which reflects tax withholding rather than an open-market sale.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-18 (timely filing).
- Reported amount: 438 shares withheld at $12.26 each = $5,370.
- Transaction code: F — payment of exercise price or tax liability (here, shares withheld for taxes on RSU vesting).
- Footnote: "Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit."
- Shares owned after transaction: not specified in the filing.
Context
Tax-withholding via share retention is a routine, administrative action when restricted stock units vest and does not represent a deliberate open-market sale or purchase by the insider. Such dispositions are common and should not be interpreted on their own as a bullish or bearish signal.
Insider Transaction Report
- Tax Payment
Northwest Bancshares, Inc. Common Stock
[F1]2026-03-16$12.26/sh−438$5,370→ 50,597.257 total
- 5,165.306(indirect: 401-K)
Northwest Bancshares, Inc. Common Stock
Footnotes (1)
- [F1]Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.