Form 4: First Financial Northwest EVP and CFO Richard Jacobson Reports Stock Transactions
SEC Form 4 Filing
Richard Jacobson, EVP and CFO of First Financial Northwest, reports acquisition and disposal of company stock due to restricted stock vesting and tax withholding.
Summary
- On March 6, 2024, Richard Jacobson acquired 1,044 shares of First Financial Northwest common stock at a price of $20.68 per share.
- On March 7, 2024, 2,040 shares were disposed of at $20.88 per share to cover tax obligations related to vesting restricted stock.
- Following these transactions, Jacobson directly owns 34,347 shares of First Financial Northwest common stock.
Sentiment
Score: 5
Explanation: The document reflects routine stock transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers and directors.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Acquisition of 1,044 shares of common stock. |
| 03/07/2024 | Disposal of 2,040 shares of common stock for tax withholding. |
| 03/08/2024 | Date of signature for the Form 4 filing. |
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