Creal Thomas K IV 4
4 · Northwest Bancshares, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Northwest Bancshares (NWBI) Chief Credit Officer Creal Withholds 547 Shares
What Happened
Creal Thomas K IV, Chief Credit Officer of Northwest Bancshares, had 547 shares withheld to satisfy his tax withholding obligation when restricted stock units vested. The withholding occurred on 2026-03-20 at $12.21 per share, a total value of approximately $6,679. This was not an open-market sale but a routine tax-withholding disposition.
Key Details
- Transaction date: 2026-03-20
- Price per share: $12.21; shares withheld/disposed: 547; reported value: $6,679
- Filing date: 2026-03-24 — appears timely for a Form 4 (within the reporting window)
- Shares owned after transaction: not specified in the filing
- Footnote: F1 — shares were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of a restricted stock unit (code F = tax withholding/exercise payment)
Context
This was a tax-withholding event related to vested RSUs (a common corporate practice) rather than an indicative buy or deliberate sale in the open market. Such withholdings are routine and typically do not signal the insider’s view on the company’s stock.
Insider Transaction Report
- Tax Payment
Northwest Bancshares, Inc. Common Stock
[F1]2026-03-20$12.21/sh−547$6,679→ 50,050.257 total
- 5,165.306(indirect: 401-K)
Northwest Bancshares, Inc. Common Stock
Footnotes (1)
- [F1]Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.