Form 4: First Northwest Bancorp Executive Kyle David Henderson Reports Stock Disposal
SEC Form 4 Filing
EVP, Chief Credit Officer of First Northwest Bancorp, Kyle David Henderson, reports disposing of 212 shares of common stock to cover tax obligations.
Summary
- On September 9, 2024, Kyle David Henderson, EVP, Chief Credit Officer of First Northwest Bancorp, disposed of 212 shares of common stock.
- The transaction was a disposal (D) at a price of $10.99 per share.
- Following the transaction, Henderson beneficially owns 2,888 shares of common stock.
- These shares include 1,400 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan, one-half of which will vest annually beginning on September 7, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction (disposal of shares for tax purposes) by an executive, with no indication of significant positive or negative implications for the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of stock disposal transaction |
| 09/07/2025 | First vesting date for half of the 1,400 unvested restricted shares |
| 09/11/2024 | Date of Form 4 filing |
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