Kane Kyle P. 4
4 · Northwest Bancshares, Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Northwest Bancshares (NWBI) CPO Kyle P. Kane Withholds 96 Shares
What Happened
Kyle P. Kane, Chief People Officer of Northwest Bancshares (NWBI), had 96 shares disposed/withheld to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs). The withholding was at $12.76 per share, totaling approximately $1,225. This was a tax-withholding disposition (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-01-27; filing date: 2026-01-29 (appears timely, within the usual 2-business-day Form 4 window).
- Price: $12.76 per share; Shares withheld/disposed: 96; Total value ≈ $1,225.
- Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for current holdings.
- Footnotes: F1 confirms shares were withheld to satisfy tax withholding on RSU vesting. F2 notes dividend equivalent rights may apply to RSUs held (not directly affecting this withholding).
- Transaction code: F (payment of exercise price or tax liability).
Context
Tax-withholding by withholding RSU shares is a common, routine administrative transaction and does not necessarily signal insider sentiment about the company. This was not an open-market sale or purchase — the shares were surrendered to cover taxes associated with vesting.
Insider Transaction Report
- Tax Payment
Northwest Bancshares, Inc. Common Stock
[F1][F2]2026-01-27$12.76/sh−96$1,225→ 21,802.99 total
Footnotes (2)
- [F1]Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock award.
- [F2]Reflects dividend equivalent rights received pursuant to a cash dividend on RSUs held by the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.