Colestro James M 4
4 · Northwest Bancshares, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Northwest Bancshares (NWBI) Chief Retail Lending Officer Receives 6,017 RSUs
What Happened
James M. Colestro, Chief Retail Lending Officer of Northwest Bancshares, was granted 6,017 restricted stock units (RSUs) on March 13, 2026. The grant shows a $0.00 acquisition price (no cash paid at grant). Because these are RSUs (an award), they are compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (appears filed within the typical two-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 6,017 RSUs; acquisition price listed as $0.00 (total $0 at grant).
- Vesting: One-third of the grant vests each year starting March 13, 2027, then on March 13, 2028 and March 13, 2029 (per footnote).
- Shares owned following the transaction: Not specified in the filing.
- No 10b5-1, sale, exercise, or tax-withholding details reported in this filing.
Context
RSU grants are a form of compensation and typically vest over time; they are not immediate purchases and do not necessarily signal short-term trading intentions. Vesting dates determine when Colestro can convert RSUs into actual shares (subject to company plan rules).
Insider Transaction Report
- Award
Northwest Bancshares, Inc. Common Stock
[F1]2026-03-13+6,017→ 38,155.02 total
- 25,328.442(indirect: 401-K)
Northwest Bancshares, Inc. Common Stock
Footnotes (1)
- [F1]One third of this grant of RSU shares will vest each year beginning March 13, 2027 and on each March 13th thereafter through March 13, 2029.