4Filed Mar 17, 8:00 PM ET

Northwest Bancshares (NWBI) Chief Auditor Withholds 182 Shares

$NWBI · Northwest Bancshares, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Northwest Bancshares (NWBI) Chief Auditor Withholds 182 Shares

What Happened
Barnum Carey A., Chief Auditor of Northwest Bancshares (NWBI), had 182 shares withheld at $12.26 each (total ≈ $2,231) to satisfy tax withholding obligations when restricted stock units vested. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-03-16; Filing date: 2026-03-18 (filed within the typical 2-business-day Form 4 window).
  • Shares withheld/disposed: 182 at $12.26 each; aggregate value ≈ $2,231.
  • Transaction code: F (payment of exercise price or tax liability).
  • Footnote: F1 — shares were withheld to satisfy the reporting person's tax withholding obligation upon RSU vesting.
  • Shares owned after the transaction: not disclosed in the provided excerpt.

Context
This was a routine tax-withholding action tied to RSU vesting — effectively a cashless withholding of shares to cover taxes. Such transactions are administrative and do not necessarily signal the insider’s view on the stock; they are recorded as dispositions but differ from open-market sales.