DesMarteau Jacques Marc 4

What Happened

• Jacques Marc DesMarteau, Chief Commercial Banking Officer of Northwest Bancshares (NWBI), had 1,741 shares withheld to satisfy tax withholding when restricted stock units (RSUs) vested. The shares were recorded at $12.28 each, for a total value of $21,379. This was a withholding (disposition) to cover tax liability, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-09; Filing date: 2026-03-11 (filed timely).
• Price per share: $12.28; Total value: $21,379.
• Shares involved: 1,741 shares were withheld/disposed to cover taxes.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 indicates the withholding satisfied the reporting person's tax obligation on RSU vesting. F2 notes dividend equivalent rights accrue on RSUs and follow the same terms as the underlying RSUs.

Context

• This is a routine tax-withholding event tied to RSU vesting, common for equity compensation. It should not be interpreted as an independent buy or sell decision about the company’s stock.