Betchkal Gregory J. 4

What Happened Gregory J. Betchkal, Chief Risk Officer of Northwest Bancshares (NWBI), was granted 14,867 restricted stock units (RSUs) on March 13, 2026. The award shows an acquisition price of $0 (typical for RSU compensation); the filing reports no cash paid or shares sold. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-13 (Period of Report: 2026-03-13); Form 4 filed: 2026-03-17 — appears timely under the SEC’s 2-business-day filing rule.
• Transaction code: A (award/grant/acquisition). Price per share: $0. Total reported acquisition value: $0.
• Number of shares granted: 14,867 RSUs.
• Shares owned after transaction: Not specified in this filing.
• Footnote: One-third of the RSU grant vests each year beginning March 13, 2027, with subsequent vesting on March 13, 2028 and March 13, 2029.
• No 10b5-1 plan, tax-withholding, or immediate sale reported in this filing.

Context RSU grants are a common form of executive compensation meant to align long-term interests; these units typically convert to shares only as they vest and are usually subject to transfer restrictions until vesting. Because this is an award (not a purchase or sale), it does not on its own indicate a change in the insider’s market view.