Cygnar Devin T 4
4 · Northwest Bancshares, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Northwest Bancshares (NWBI) CMO Devin Cygnar Withholds 411 Shares
What Happened
- Devin T. Cygnar, Chief Marketing & Communications Officer of Northwest Bancshares, had 411 shares withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The filing reports those 411 shares disposed at $12.26 per share, for a total value of $5,039. (Transaction code F — tax withholding/settlement.)
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-18 (appears filed within the normal 2-business-day window).
- Price: $12.26 per share; Total value: $5,039.
- Shares affected: 411 shares withheld/disposed to cover tax obligations.
- Footnote: F1 — reflects shares withheld to satisfy the reporting person's tax withholding obligation upon RSU vesting.
- Shares owned after the transaction: not specified in the provided filing summary.
Context
- This was a tax-withholding settlement related to vested RSUs (not an open-market sale or a purchase). Withholding to cover taxes is routine and generally not considered a directional insider signal about company prospects.
Insider Transaction Report
Form 4
Cygnar Devin T
Chief Mktg/Comm. Officer
Transactions
- Tax Payment
Northwest Bancshares, Inc. Common Stock
[F1]2026-03-16$12.26/sh−411$5,039→ 19,654.671 total
Holdings
- 13,692.128(indirect: By IRA)
Northwest Bancshares, Inc. Common Stock
- 9,431.128(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.
Signature
Devin T. Cygnar by Douglas M. Schosser, Attorney-in-Fact|2026-03-18