Kane Kyle P. 4

What Happened Kane Kyle P., Chief People Officer of Northwest Bancshares (NWBI), had 537 shares withheld to satisfy tax withholding obligations when restricted stock units vested. The withholding was recorded at $12.21 per share for a total value of approximately $6,557. This was a routine tax-withholding disposal rather than an open-market sale or buy.

Key Details

• Transaction date (period of report): 2026-03-20; Form 4 filed: 2026-03-24
• Price per share: $12.21; Shares withheld/disposed: 537; Total value: ~$6,557
• Transaction code: F (tax withholding upon vesting of equity awards)
• Footnote: F1 — Reflects shares withheld to satisfy reporting person's tax withholding obligation upon the vesting of a restricted stock unit.
• Shares owned after transaction: Not specified in this filing
• Filing timeliness: No late-filing flag indicated

Context This was a non-market, administrative action to cover taxes when RSUs vested (commonly called share withholding or a "sell to cover"); it does not necessarily signal insider sentiment about the company's stock. Tax-withholding disposals are routine for equity-compensated executives and typically less informative than open-market buys or discretionary sales.