Director at Northwest Bancshares (NWBI) receives 4,053-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chadsey Deborah J Esq. reported acquisition or exercise transactions in this Form 4 filing.
Northwest Bancshares, Inc. director Deborah J. Chadsey reported receiving an award of 4,053 shares of common stock. The shares were granted at a price of $0.00 per share as a compensation-related grant, not an open-market purchase. According to the footnote, this restricted stock award will fully vest on June 5, 2027.
After this award, Chadsey holds 46,904 common shares directly and 5,250 common shares indirectly through an IRA. The filing shows no open-market buying or selling, only this equity grant and an updated IRA holding entry.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chadsey Deborah J Esq.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Northwest Bancshares, Inc. Common Stock | 4,053 | $0.00 | -- |
| holding | Northwest Bancshares, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Northwest Bancshares, Inc. Common Stock — 46,904 shares (Direct, null);
Northwest Bancshares, Inc. Common Stock — 5,250 shares (Indirect, IRA)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 4,053 shares
Award price: $0.00 per share
Direct holdings after grant: 46,904 shares
+2 more
5 metrics
Stock award size
4,053 shares
Restricted stock grant to director Deborah J. Chadsey
Award price
$0.00 per share
Stated price for granted common stock
Direct holdings after grant
46,904 shares
Common stock directly owned after transaction
Indirect IRA holdings
5,250 shares
Common stock held indirectly via IRA
RSA vesting date
June 5, 2027
Full vesting date for restricted stock award
Key Terms
RSA shares, Grant, award, or other acquisition, IRA
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
IRA financial
"nature_of_ownership: IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.