Bowers Urich T 4
4 · Northwest Bancshares, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Northwest Bancshares (NWBI) Urich T. Bowers Receives RSU Award
What Happened
Urich T. Bowers, Chief Cons. Banking / Strat Off at Northwest Bancshares (NWBI), was granted 12,505 restricted stock units (RSUs) on March 13, 2026. The grant is reported as an award/acquisition at $0.00 per share (total reported dollar value $0 at grant). This was a compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed on the SEC deadline — timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 12,505 RSUs; acquisition price reported: $0.00; reported aggregate value at grant: $0.
- Vesting: One-third of the RSUs vest each year beginning March 13, 2027 and on each March 13 thereafter through March 13, 2029.
- Shares owned after transaction: not specified in the filing.
Context
RSU grants are a form of compensation that typically convert to actual shares only as they vest and may be forfeited if employment conditions are not met. Awards do not by themselves indicate a buy/sell market signal the way open-market purchases or sales do; they reflect company compensation decisions.
Insider Transaction Report
- Award
Northwest Bancshares, Inc. Common Stock
[F1]2026-03-13+12,505→ 37,901.261 total
Footnotes (1)
- [F1]One third of this grant of RSU shares will vest each year beginning March 13, 2027 and on each March 13th thereafter through March 13, 2029.