Kane Kyle P. 4

What Happened

• Kyle P. Kane, Chief People Officer of Northwest Bancshares (NWBI), had 447 restricted stock unit (RSU) shares withheld to satisfy tax withholding upon vesting. The reported per-share value was $12.26, for a total of $5,480 (reported as disposed).
• This was a tax-withholding action tied to RSU vesting, not an open-market sale or purchase, and is generally a routine administrative transaction.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (appears timely).
• Shares withheld/disposed: 447 at $12.26 per share; total value reported: $5,480.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld to satisfy the reporting person’s tax withholding obligation upon the vesting of a restricted stock unit (i.e., tax withholding, transaction code F).

Context

• Withholding shares to cover taxes on RSU vesting is a common administrative step and does not necessarily indicate buying or selling sentiment by the insider.
• This is not an option exercise-for-sale or open-market trade; the shares were retained by the company (or broker) to cover tax obligations.