Form 4: First Northwest Bancorp Director Dana D. Behar Reports Acquisition of Restricted Stock

Director Dana D. Behar reports acquisition of 2,219 shares of restricted stock in First Northwest Bancorp, vesting on March 7, 2026.

Summary

• Dana D. Behar, a director of First Northwest Bancorp, filed a Form 4 on March 11, 2025.
• The report details the acquisition of 2,219 shares of common stock on March 7, 2025, at a price of $10.48 per share.
• These shares represent an award of restricted stock under the Issuer's 2020 Equity Incentive Plan, which will vest in full on March 7, 2026.
• Following the reported transaction, Behar beneficially owns 137,686 shares, including jointly owned shares with a spouse, shares held in an IRA, and unvested restricted stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares, even restricted ones, is generally a good sign, indicating confidence in the company's future. However, it's a routine filing, so the impact is limited.

Positives

• The acquisition of restricted stock by a director signals confidence in the company's future performance.
• The vesting period of the restricted stock aligns the director's interests with the long-term success of the company.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of the restricted stock in 2026 suggests a long-term perspective.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's investment in the company, which is generally viewed positively.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates