Form 4: First Northwest Bancorp Executive Geraldine L. Bullard Reports Stock Transactions
SEC Form 4 Filing
EVP and CFO Geraldine L. Bullard of First Northwest Bancorp reports the disposition of 609 shares of common stock to cover tax obligations related to restricted stock vesting, while still holding a significant number of shares directly and indirectly through an ESOP.
Summary
- On May 1, 2024, Geraldine L. Bullard, EVP and Chief Financial Officer of First Northwest Bancorp, reported a transaction involving the disposition of 609 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock.
- The price per share was $10.2.
- Following the transaction, Bullard directly owns 26,189 shares of common stock and indirectly owns 1,610 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock transaction (disposition of 609 shares). |
| 05/01/2024 | Vesting date for 2,500 unvested shares of restricted stock. |
| 03/07/2025 | Vesting date for 1,000 and 658 unvested shares of restricted stock. |
| 03/07/2025 | Annual vesting start date for one-third of 3,929 and 2,817 unvested shares of restricted stock. |
| 05/05/2024 | Date of Form 4 filing. |
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