Kane Kyle P. 4
Research Summary
AI-generated summary
Northwest Bancshares (NWBI) CPO Kyle P. Kane Receives 6,147 RSUs
What Happened
- Kyle P. Kane, Chief People Officer of Northwest Bancshares (NWBI), was granted 6,147 restricted stock units (RSUs) on March 13, 2026. The Form 4 reports an acquisition at $0.00 per share (total value shown as $0 on the filing). This is an award/compensation grant (transaction code A), not a purchase or sale.
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within required period).
- Transaction type/code: Award/grant of RSUs (A).
- Shares granted: 6,147 RSUs; price recorded: $0.00; total reported value: $0.
- Vesting: One-third vests each year beginning March 13, 2027, with subsequent vesting on March 13, 2028 and March 13, 2029 (footnote F1).
- Shares owned after the transaction: Not specified in the summary provided—see the SEC filing for full holdings and any additional detail.
Context
- RSU grants are a form of equity compensation that generally vest over time; they are common for executives and do not represent an immediate market purchase or sale. This filing reports a compensation award rather than trading activity, so it should be interpreted as part of executive pay rather than a direct market signal.