Form 4: CFO Phyllis Nomura Disposes of FNWB Shares

First Northwest Bancorp CFO Phyllis Nomura reported the disposition of 605 shares of common stock to cover tax obligations.

Summary

• Phyllis R. Nomura, EVP and Chief Financial Officer of First Northwest Bancorp, disposed of 605 shares of common stock.
• The transaction occurred on May 7, 2026, at a price of $9.97 per share.
• The disposition was executed via code 'F', indicating shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock.
• Following this transaction, the reporting person maintains beneficial ownership of 12,002 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax obligations rather than a market-driven sale.

Positives

• The transaction is a routine administrative action related to tax withholding upon the vesting of equity awards, rather than a discretionary sale.

Negatives

• Reduction in the direct share ownership of a key executive.

Risks

• None identified; this is a standard regulatory disclosure for executive compensation tax compliance.

Future Outlook

Not applicable as this is a retrospective disclosure of an insider transaction.

Industry Context

StockSavvy.ai notes that routine tax-related share dispositions by C-suite executives are standard industry practice and generally do not signal a change in management sentiment regarding the company's long-term prospects.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices for executive equity compensation management in the banking sector.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a mandatory tax withholding event.

Next Steps

• Future vesting of restricted stock units as scheduled in 2027.

Key Dates

Keywords

First Northwest Bancorp, FNWB, Form 4, Insider Trading, CFO, Executive Compensation