Davis Diane C. 4

What Happened Diane C. Davis, a director of First Northwest Bancorp (FNWB), received an award of 2,533 shares of restricted stock on March 7, 2026. The grant price is reported at $9.18 per share, for a total reported value of $23,253. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: March 7, 2026 — 2,533 shares at $9.18 per share (total $23,253).
• Vesting: These 2,533 shares are unvested and vest in full on March 7, 2027 (see footnote F1).
• Additional unvested holdings (footnote F2): the filing notes 7,042 other unvested restricted shares that vest one‑third annually beginning September 7, 2026, plus the 2,533-share award vesting March 7, 2027.
• Transaction type: Award/Grant (A).
• Shares owned after transaction: not specified in the information provided in this summary.
• Filing date and timeliness: Form 4 filed March 9, 2026, two days after the transaction date (appears timely).

Context Restricted stock awards are typically compensation for service and vest over time; they are not the same as an open-market purchase and do not necessarily signal immediate insider sentiment. Because these shares are unvested, they cannot currently be sold until they vest according to the schedule described above.