STOCK TITAN

Director Hunter receives 4,053-share restricted stock award at Northwest Bancshares (NASDAQ: NWBI)

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

Rhea-AI Filing Summary

Hunter Timothy M reported acquisition or exercise transactions in this Form 4 filing.

Northwest Bancshares, Inc. director Timothy M. Hunter received a grant of 4,053 shares of Northwest Bancshares common stock as a compensation award. The shares were granted at no cash cost and are structured as restricted stock that will fully vest on June 5, 2027. After this grant, Hunter directly holds 203,804 shares of the company.

Positive

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Negative

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Insider Hunter Timothy M
Role null
Type Security Shares Price Value
Grant/Award Northwest Bancshares, Inc. Common Stock 4,053 $0.00 --
Holdings After Transaction: Northwest Bancshares, Inc. Common Stock — 203,804 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 4,053 shares Grant of Northwest Bancshares common stock to director Hunter
Grant price $0.0000 per share Reported transaction price for awarded shares
Post-transaction holdings 203,804 shares Shares beneficially owned by Hunter after grant
Vesting date June 5, 2027 Footnote: RSA shares fully vest on this date
RSA shares financial
"This grant of RSA shares will fully vest on June 5, 2027."
Form 4 regulatory
"The award was recorded on a Form 4 as a non-market, compensation-related acquisition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
restricted stock award financial
"The shares were granted at no cash cost and are structured as restricted stock that will fully vest"
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.
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FAQ

What insider transaction did Northwest Bancshares (NWBI) report for Timothy M. Hunter?

Northwest Bancshares reported that director Timothy M. Hunter received a grant of 4,053 shares of common stock. The award was recorded on a Form 4 as a non-market, compensation-related acquisition at no cash purchase price.

Was Timothy M. Hunter’s Northwest Bancshares (NWBI) share grant an open-market purchase?

No, the 4,053 Northwest Bancshares shares were granted as a compensation award, not bought in the open market. The Form 4 identifies the transaction with code A, indicating a grant, award, or other acquisition rather than a discretionary share purchase.

When do Timothy M. Hunter’s new Northwest Bancshares (NWBI) RSA shares vest?

The footnote states that this grant of RSA shares will fully vest on June 5, 2027. Until that date, the shares are restricted stock awards subject to vesting conditions defined by Northwest Bancshares’ compensation arrangements.

How many Northwest Bancshares (NWBI) shares does Timothy M. Hunter hold after this transaction?

After receiving the 4,053-share grant, Timothy M. Hunter directly holds 203,804 shares of Northwest Bancshares common stock. This total holding figure is reported in the Form 4 as the number of shares beneficially owned following the transaction.

What does transaction code A mean in the Northwest Bancshares (NWBI) Form 4?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition of securities. For Northwest Bancshares, it shows that Timothy M. Hunter’s 4,053 shares were issued as a restricted stock award, rather than acquired through buying in the market.
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*
Hunter Timothy M

(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$0203,804D
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:
Timothy M. Hunter 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)