Northwest Bancshares, Inc.: chief risk officer G. Betchkal sold 6,242 shares

What happened Gregory J. Betchkal, chief risk officer, had 6,242 shares withheld to satisfy tax withholding on vested restricted stock units. The filing reports two withholding transactions on Mar 9, 2026: 2,891 shares at $12.28 for $35,501 and 3,351 shares at $12.28 for $41,150, total $76,651. This Form 4/A amends a Form 4 filed Mar 11, 2026 to correct the number of shares withheld and the reporting person's balance of shares following the transaction.

Key details

• Transaction date(s) and price(s): Mar 9, 2026; 2,891 shares @ $12.28 ($35,501) and 3,351 shares @ $12.28 ($41,150); total 6,242 shares for $76,651.
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Shares owned after the transaction: amended Form 4 corrects the reporting person's balance; the updated balance is shown in the filing.
• Footnotes: F1 = shares withheld to satisfy tax withholding upon RSU vesting; F2 = dividend equivalent rights accrued on previously granted RSUs; F3 = the Mar 11, 2026 Form 4 incorrectly stated the number of shares withheld and is corrected by this Form 4/A.
• Filing timeliness: late — transaction date Mar 9, 2026; amended Form 4/A filed Oct 15, 2026 (original Form 4 filed Mar 11, 2026 contained an error).

Why it may matter The filing shows shares were withheld to cover tax obligations on vested restricted stock units rather than shares sold on the open market. Dividend equivalent rights on RSUs are included in the reported amounts. This filing does not show why the insider traded or why the company acted.