Betchkal Gregory J. 4

What Happened
Gregory J. Betchkal, Chief Risk Officer of Northwest Bancshares (NWBI), had 1,273 shares withheld to satisfy tax withholding when restricted stock units vested. The withholding was recorded at $12.26 per share for a total value of $15,607. The transaction is reported as disposition code F (tax withholding), not an open‑market sale.

Key Details

• Transaction date: 2026-03-16
• Price per share: $12.26; shares withheld: 1,273; total value: $15,607
• Transaction type/code: Tax withholding upon RSU vesting (Code F)
• Footnote: F1 — shares withheld to satisfy the reporting person's tax withholding obligation upon vesting of a restricted stock unit
• Filing date: 2026-03-18 (filed within two business days of the transaction — timely)
• Shares owned after transaction: not specified in the Form 4 filing

Context
This was a routine tax-withholding action tied to RSU vesting (cashless withholding), not a market sale or purchase; such transactions generally reflect tax obligations rather than a change in the insider’s market view.