Barnum Carey A. 4

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.