Northwest Bancshares, Inc.·4

May 4, 3:38 PM ET

Bowers Urich T 4

Research Summary

AI-generated summary

Updated

NWBI Chief Consumer Banking Officer Urich Bowers Buys 7,000 Shares

What Happened

  • Urich T. Bowers, Chief Consumer Banking & Strategy Officer at Northwest Bancshares, purchased 7,000 shares of NWBI in an open-market transaction on 2026-05-01. The shares were acquired at $13.97 each for a total of approximately $97,825. This was a purchase (insider buy), which investors often view as a more informative signal than routine sales.

Key Details

  • Transaction date: 2026-05-01
  • Filing date: 2026-05-04 (filed within required Form 4 timeframe)
  • Transaction type/code: Open-market purchase (P)
  • Shares acquired: 7,000 at $13.97 per share; total ≈ $97,825
  • Shares owned after transaction: Not disclosed in the provided filing details
  • Footnotes/plan details: None provided (no 10b5-1 plan, tax withholding, or exercise noted)

Context

  • This is a straight equity purchase (not an option exercise or gift). Insider buys can indicate confidence but do not guarantee future performance; avoid assuming motive. The Form 4 appears to have been filed on time.