Form 4: First Northwest Bancorp Executive Christopher Neros Disposes of Shares to Cover Tax Obligations

Christopher Neros, EVP and Chief Banking Officer of First Northwest Bancorp, disposed of 609 shares of common stock on May 7, 2025, to satisfy tax withholding obligations.

Summary

• On May 7, 2025, Christopher Neros, the EVP and Chief Banking Officer of First Northwest Bancorp, disposed of 609 shares of common stock.
• The transaction was executed to cover tax obligations arising from the vesting of restricted stock.
• The shares were disposed of at a price of $9.75 per share.
• Following the transaction, Neros directly owns 15,115 shares of First Northwest Bancorp.
• This total includes unvested shares of restricted stock granted under the Issuer's 2020 Plan, vesting annually beginning on March 7, 2026.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing simply reports a routine transaction to cover tax obligations.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

First Northwest Bancorp, Christopher Neros, FNWB, share disposal, Form 4, tax obligations, restricted stock, insider transaction