STOCK TITAN

Director awarded 4,053 Northwest Bancshares (NWBI) shares in stock grant

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

Rhea-AI Filing Summary

Kranich Charles E. reported acquisition or exercise transactions in this Form 4 filing.

Northwest Bancshares, Inc. director Charles E. Kranich received a grant of 4,053 shares of Northwest Bancshares common stock as a stock award, with no cash paid per share. This restricted stock award will fully vest on June 5, 2027, bringing his direct holdings to 100,386 shares after the grant.

Positive

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Insider Kranich Charles E.
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 — 100,386 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock award 4,053 shares Granted to director Charles E. Kranich on June 5, 2026
Award price per share $0.00 per share Grant of Northwest Bancshares common stock
Total holdings after grant 100,386 shares Direct ownership following the June 5, 2026 award
Vesting date June 5, 2027 Restricted stock award fully vests on this date
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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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*
Kranich Charles E.

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

(Street)
COLUMUBS 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$0100,386D
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:
Charles E. Kranich by Erin F. Siegfried, 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 insider transaction did Northwest Bancshares (NWBI) disclose for Charles E. Kranich?

Northwest Bancshares disclosed that director Charles E. Kranich received a grant of 4,053 shares of common stock. The shares were awarded at a price of $0.00 per share as a stock award, increasing his direct holdings to 100,386 shares after the transaction.

Was the Northwest Bancshares (NWBI) Form 4 transaction a purchase or a grant?

The Form 4 transaction was a grant or award, not an open-market purchase. Charles E. Kranich received 4,053 shares of Northwest Bancshares common stock as a stock award, reported under code “A” for grant, award, or other acquisition at $0.00 per share.

When do Charles E. Kranich’s new Northwest Bancshares (NWBI) shares vest?

The 4,053 Northwest Bancshares restricted stock award shares granted to Charles E. Kranich will fully vest on June 5, 2027. Until that date, the award remains subject to vesting conditions, after which the shares become fully owned without restrictions.

How many Northwest Bancshares (NWBI) shares does Charles E. Kranich hold after this Form 4?

After receiving the 4,053-share restricted stock award, Charles E. Kranich holds 100,386 shares of Northwest Bancshares common stock directly. This total includes his existing holdings plus the newly granted shares reported in the Form 4 filing.

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, this code reflects that Charles E. Kranich received 4,053 common shares as a restricted stock award rather than buying them in the market.