FNWB.NASDAQFirst Northwest Bancorp

Form 4: First Northwest Bancorp CEO Matthew Deines Acquires 3,600 Shares

Sentiment:

SEC Form 4

📋All filings for First Northwest Bancorp
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Matthew Deines, President and CEO of First Northwest Bancorp, reports the acquisition of 3,600 shares of common stock at $10.75 per share on April 30, 2024.

Summary

  • On April 30, 2024, Matthew Deines, the President and CEO of First Northwest Bancorp, acquired 3,600 shares of common stock at a price of $10.75 per share.
  • Following this transaction, Deines directly owns 101,455 shares of common stock.
  • Deines also indirectly owns 4,160 shares through a 401(k) and 2,796 shares through an ESOP.
  • The reported holdings include unvested shares of restricted stock that will vest on various dates in the future.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard insider trading disclosure. The CEO buying shares is generally a positive sign, but without additional context, it's difficult to gauge the overall impact.

Positives

  • The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

  • The CEO's stock purchase could positively influence shareholder confidence.

Key Dates

DateDescription
04/30/2024Date of transaction: Matthew Deines acquired 3,600 shares of common stock.
08/07/20242,480 unvested shares of restricted stock granted under the Issuer's 2015 Plan will vest in full.
01/07/20252,920 unvested shares of restricted stock under the Issuer's 2015 Plan will vest in full.
03/07/20251,471 unvested shares of restricted stock granted under the Issuer's 2020 Plan will vest in full.
03/07/2025One-third of 13,989 unvested shares of restricted stock granted under the Issuer's 2020 Plan will vest annually beginning on this date.
05/01/2024Date of filing.

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