Colestro James M 4
4 · Northwest Bancshares, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
NWBI James Colestro (Chief Retail Lending Officer) Sells 489 Shares
What Happened James Colestro, Chief Retail Lending Officer at Northwest Bancshares (NWBI), had 489 shares disposed (withheld) to satisfy tax withholding upon the vesting of restricted stock units. The withholding occurred on 2026-03-16 at an effective price of $12.26 per share, for a total value of $5,995. This was a tax-withholding/settlement action (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-18 (filed timely).
- Shares withheld/disposed: 489 at $12.26 per share; total value reported $5,995.
- Transaction code: F (tax withholding upon vesting).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: F1 — reflects shares withheld to satisfy the reporting person's tax withholding obligation upon RSU vesting.
Context This was a routine tax-withholding event tied to restricted stock unit vesting (shares were retained to cover taxes). Such withholdings are standard and do not necessarily signal insider sentiment about the company's stock.
Insider Transaction Report
- Tax Payment
Northwest Bancshares, Inc. Common Stock
[F1]2026-03-16$12.26/sh−489$5,995→ 37,666.02 total
- 25,328.442(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.