STOCK TITAN

Director at Northwest Bancshares (NWBI) receives 4,053-share stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DAVIS WILBUR R reported acquisition or exercise transactions in this Form 4 filing.

Northwest Bancshares, Inc. director Wilbur R. Davis reported an equity award of 4,053 shares of Northwest Bancshares, Inc. common stock. The shares were granted at no cash cost and are structured as a restricted stock award that will fully vest on June 5, 2027.

Following this grant, Davis directly holds 86,684 common shares. The filing also notes an additional 48,000 shares held indirectly through his wife, reflecting a separate indirect ownership position. The activity represents routine stock-based compensation rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider DAVIS WILBUR R
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 — 86,684 shares (Direct, null); Northwest Bancshares, Inc. Common Stock — 48,000 shares (Indirect, Wife)
Footnotes (1)
  1. [object Object]
Restricted stock award 4,053 shares Grant of Northwest Bancshares, Inc. common stock
Direct holdings after grant 86,684 shares Northwest Bancshares, Inc. common stock directly owned by Davis
Indirect holdings via spouse 48,000 shares Northwest Bancshares, Inc. common stock held through wife
Vesting date June 5, 2027 Restricted stock award fully vests on this date
Grant price per share $0.00 per share Reported transaction price for the 4,053-share award
restricted stock award financial
"This grant of RSA shares will fully vest on June 5, 2027."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
RSA shares financial
"This grant of RSA shares will fully vest on June 5, 2027."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect, nature_of_ownership: Wife"
Northwest Bancshares, Inc. Common Stock financial
"security_title: Northwest Bancshares, Inc. Common Stock"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DAVIS WILBUR R

(Last)(First)(Middle)
3 EASTON OVAL
SUITE 500

(Street)
COLUMBUS OHIO 43219

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Northwest Bancshares, Inc. [ NWBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Northwest Bancshares, Inc. Common Stock06/05/2026A4,053(1)A$086,684D
Northwest Bancshares, Inc. Common Stock48,000IWife
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This grant of RSA shares will fully vest on June 5, 2027.
Remarks:
Wilbur R. Davis by Douglas M. Schosser, Attorney-in-Fact06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Wilbur R. Davis report in his Northwest Bancshares (NWBI) Form 4?

Wilbur R. Davis reported receiving an equity grant of 4,053 shares of Northwest Bancshares common stock. The award is part of his director compensation and was granted at no cash cost, reflecting a restricted stock award structure rather than an open-market transaction.

How many Northwest Bancshares (NWBI) shares does Wilbur R. Davis now hold directly?

After the reported award, Wilbur R. Davis directly holds 86,684 shares of Northwest Bancshares common stock. This figure reflects his direct ownership position as of the Form 4, excluding an additional block of shares reported as indirectly owned through his spouse.

When do Wilbur R. Davis’s new Northwest Bancshares (NWBI) RSA shares vest?

The 4,053 restricted stock award (RSA) shares granted to Wilbur R. Davis will fully vest on June 5, 2027. Until that vesting date, the award remains subject to standard restricted stock conditions outlined in the company’s compensation arrangements for directors.

What indirect Northwest Bancshares (NWBI) holdings are disclosed for Wilbur R. Davis?

The filing discloses 48,000 Northwest Bancshares common shares as indirectly owned through Davis’s wife. This entry is reported as an indirect ownership position, separate from his 86,684 directly held shares, and reflects family-related beneficial ownership under SEC reporting rules.

Was Wilbur R. Davis’s Northwest Bancshares (NWBI) Form 4 a market buy or sell?

The Form 4 does not report any open-market purchase or sale. Instead, it records a grant of 4,053 restricted stock award shares as compensation, coded as a grant or award acquisition, along with an updated disclosure of indirect holdings through his spouse.