Form 4: First Financial Northwest CEO Joseph Kiley III Reports Stock Transactions
SEC Form 4 Filing
Joseph Kiley III, President and CEO of First Financial Northwest, reports acquisition and disposal of company stock following vesting of restricted stock.
Summary
- On March 6, 2024, Joseph W. Kiley III, President and CEO of First Financial Northwest, acquired 2,208 shares of common stock at a price of $20.68 per share.
- On March 7, 2024, Kiley disposed of 4,565 shares at $20.88 per share to cover tax obligations related to vesting of restricted stock.
- Following these transactions, Kiley directly owns 54,351 shares of First Financial Northwest common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the float.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Acquisition of 2,208 shares of common stock at $20.68 per share. |
| 03/07/2024 | Disposal of 4,565 shares of common stock at $20.88 per share for tax obligations. |
| 03/08/2024 | Date of signature for the report. |
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