Form 4: First Northwest Bancorp Executive Kyle Henderson Buys 1,000 Shares

EVP and Chief Credit Officer of First Northwest Bancorp, Kyle David Henderson, purchased 1,000 shares of common stock at an average price of $10.26 on July 29, 2024.

Summary

• On July 29, 2024, Kyle David Henderson, EVP and Chief Credit Officer of First Northwest Bancorp, purchased 1,000 shares of the company's common stock.
• The shares were bought at a weighted average price of $10.2605, with individual prices ranging from $10.25 to $10.29.
• Following the transaction, Henderson directly owns 3,100 shares, including 2,100 unvested restricted stock shares.
• These restricted stock shares were granted under the Issuer's 2020 Equity Incentive Plan, with one-third vesting annually starting September 7, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. An insider purchase is generally viewed favorably, but the amount is not substantial enough to significantly impact sentiment.

Positives

• An executive's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.

Stakeholder Impact

• The stock purchase could have a minor positive impact on shareholder sentiment.

Key Dates