Form 4: First Financial Northwest Executive Ronnie J. Clariza Reports Stock Vesting and Tax Withholding

Ronnie J. Clariza, Senior VP/CRO of First Financial Northwest, reports the vesting of restricted stock and subsequent withholding of shares for tax obligations.

Summary

• On March 6, 2025, Ronnie J. Clariza, Senior VP/CRO of First Financial Northwest, Inc., reported a transaction involving common stock.
• The transaction involved the vesting of 571 shares of restricted stock.
• 285 shares were withheld by the issuer to cover state and federal tax obligations related to the vesting.
• The price per share for the withholding was $20.07.
• Following the transaction, Clariza directly owns 28,673 shares of First Financial Northwest, Inc.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company insider. It doesn't indicate any particularly positive or negative sentiment, just standard procedure.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in company stock. This filing indicates routine vesting of restricted stock and tax withholding, which is a common practice.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares relative to the total outstanding.

Key Dates