Form 4: First Northwest Bancorp Executive Geraldine L. Bullard Reports Stock Transaction

Geraldine L. Bullard, EVP and Chief Operating Officer of First Northwest Bancorp, reports a disposition of common stock to cover tax obligations related to restricted stock vesting.

Summary

• Geraldine L. Bullard, EVP and Chief Operating Officer of First Northwest Bancorp, filed a Form 4 on May 5, 2025, reporting a transaction on May 1, 2025.
• The transaction involved the disposition of 609 shares of common stock at a price of $10.2 to cover tax obligations.
• Following the transaction, Bullard directly owns 28,351 shares and indirectly owns 2,431 shares through an ESOP.
• The directly held shares include 4,431 unvested shares of restricted stock, vesting in installments on March 7, 2026, and 3,949 unvested shares of restricted stock, vesting in installments on March 7, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation and tax obligations. There's no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small disposition of shares by an executive to cover tax obligations.

Key Dates

Keywords

Form 4, First Northwest Bancorp, FNWB, Geraldine L. Bullard, Stock Transaction, Beneficial Ownership, Executive Compensation, Restricted Stock, ESOP