Creal Thomas K IV 4
4 · Northwest Bancshares, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
NWBI Chief Credit Officer Thomas Creal IV Receives RSU Award
What Happened Thomas K. Creal IV, Chief Credit Officer of Northwest Bancshares, was granted 6,318 restricted stock units (RSUs) on March 13, 2026. The award is reported on Form 4 as an acquisition at $0.00 per share (code A); the filing does not report an immediate cash value — economic value will depend on Northwest Bancshares’ stock price as the RSUs vest. This is an equity compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely within the two-business-day reporting window).
- Instrument & amount: 6,318 RSUs; acquisition price reported $0.00 (grant).
- Vesting: One-third of the RSUs vest each year beginning March 13, 2027 and on each March 13 thereafter through March 13, 2029 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Transaction code: A = Award/Grant. No tax-withholding or sale reported in this filing.
Context RSU grants are a common form of executive compensation and typically vest over time to align executives with shareholder value. Because these shares are subject to future vesting, they are not an immediate market purchase or sale and do not by themselves indicate current insider buying or selling intent. Taxation and final share delivery will generally occur as each tranche vests.
Insider Transaction Report
- Award
Northwest Bancshares, Inc. Common Stock
[F1]2026-03-13+6,318→ 51,035.257 total
- 5,165.306(indirect: 401-K)
Northwest Bancshares, Inc. Common Stock
Footnotes (1)
- [F1]One third of this grant of RSU shares will vest each year beginning March 13, 2027 and on each March 13th thereafter through March 13, 2029.