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.