Barnum Carey A. 4
4 · Northwest Bancshares, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
NWBI Chief Auditor Barnum Carey Surrenders 437 Shares for Taxes
What Happened Barnum Carey A., Chief Auditor of Northwest Bancshares, had 437 shares withheld on March 9, 2026 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The shares were valued at $12.28 each for a total of approximately $5,366. This was a tax-withholding disposition (code F), not an open-market sale or a new purchase.
Key Details
- Transaction date and price: March 9, 2026 — 437 shares at $12.28 each (total ~$5,366).
- Transaction code: F — payment of exercise price or tax liability (here, shares withheld for taxes).
- Footnotes: F1 indicates shares were withheld to satisfy the reporting person's tax withholding obligation upon RSU vesting; F2 notes dividend equivalent rights accrue on prior RSU grants and follow the same terms as the RSUs.
- Filing: Form 4 filed March 11, 2026 reporting the March 9 transaction — appears timely based on the filing date.
- Shares owned after the transaction: not specified in the provided filing details.
Context Tax-withholding by surrendering shares upon RSU vesting is a routine administrative action and does not necessarily indicate insider buying or selling for investment reasons. The filing also references accrued dividend equivalents on RSUs, which are paid under the same terms as the underlying awards.
Insider Transaction Report
- Tax Payment
Northwest Bancshares, Inc. Common Stock
[F1][F2]2026-03-09$12.28/sh−437$5,366→ 4,459.757 total
Footnotes (2)
- [F1]Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.
- [F2]Represents dividend equivalent rights accrued on RSUs previously granted to the reporting person. Dividend equivalent rights are subject to the same terms and conditions as the underlying RSUs.