Schosser Douglas M 4

What Happened

• Douglas M. Schosser, Chief Financial Officer of Northwest Bancshares, received an award of 18,903 restricted stock units (RSUs) on March 13, 2026. The Form 4 records the acquisition as an award (code A) with an acquisition price of $0 (typical for RSU grants). The transaction was reported on a Form 4 filed March 17, 2026.
• This is a compensation award (not an open-market purchase or sale) and therefore reflects a grant from the company rather than a direct cash investment by the insider.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-17.
• Transaction type/code: Award/Grant (A).
• Shares granted: 18,903 RSUs; acquisition price reported as $0 on the Form 4.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: One-third of the RSU grant vests on March 13, 2027 and on each March 13 thereafter through March 13, 2029.
• No indication in the provided data of a 10b5-1 plan, tax-withholding sale, or that shares were sold immediately.

Context

• RSUs are compensation that convert to actual shares only as they vest; they are not the same as an insider buying shares on the open market. Because this is a grant, it reflects company compensation practices rather than an insider’s personal market-view trade.
• Vesting over three years means Schosser will receive the underlying shares in installments (one-third per year) if he remains eligible under the grant terms.