McCarthy Brian Edward 4

What Happened

• Brian Edward McCarthy, Chief Lending Officer of Northwest Bancshares (NWBI), was granted 5,547 restricted stock units (RSUs) on March 13, 2026. The reported acquisition price is $0.00 (no cash paid at grant). This is an award/grant transaction rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-13; Filing date (Form 4): 2026-03-17 (filed within the SEC two-business-day window).
• Amount: 5,547 RSUs granted; reported price $0.00, total cash consideration $0.
• Vesting: One-third of the grant vests each year beginning March 13, 2027, with full vesting by March 13, 2029. (Footnote)
• Dividend equivalents: The grant represents dividend equivalent rights accrued on previously granted RSUs; these dividend equivalents are subject to the same terms as the underlying RSUs. (Footnote)
• Shares owned after the transaction: Not specified in the provided filing.

Context

• This was an equity award (RSUs), which is typically part of compensation and does not necessarily indicate an immediate bullish or bearish signal from the insider. Dividend equivalents accrue additional value tied to the RSUs and follow the same vesting/settlement rules.