SCHEDULE: FMR LLC, Abigail Johnson Boost First Northwest Bancorp Stake to 7.9%

FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 7.9% of First Northwest Bancorp's common stock as of December 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson, as reporting persons, beneficially own 749,532 shares of First Northwest Bancorp's common stock.
• This ownership represents 7.9% of the total outstanding common stock of First Northwest Bancorp.
• The shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is an individual.
• Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC, along with other Johnson family members, are predominant owners of FMR LLC's voting shares.
• Subsidiaries of FMR LLC, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, and Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as the disclosure of a substantial beneficial ownership by a major institutional investor like FMR LLC typically reflects confidence in the issuer's long-term prospects, even though the filing itself is purely informational regarding ownership.

Positives

• A significant institutional investor, FMR LLC (Fidelity), maintains a substantial stake in First Northwest Bancorp, indicating continued interest.
• The beneficial ownership is held in the ordinary course of business, suggesting a long-term investment perspective rather than an activist stance.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding First Northwest Bancorp's future performance or operations.

Management Comments

• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

StockSavvy.ai notes that the continued significant beneficial ownership by a major institutional investor like FMR LLC (Fidelity) in First Northwest Bancorp suggests ongoing confidence in the regional banking sector or the specific strategic direction of First Northwest Bancorp. Such a substantial stake from a prominent asset manager can often be viewed positively by the market, indicating a degree of stability and institutional backing for the company within the broader financial services industry.

Comparison to Industry Standards

• This filing, a Schedule 13G, primarily discloses beneficial ownership and does not provide sufficient financial or operational data to compare First Northwest Bancorp's results against global benchmarks or specific comparable companies and projects. The focus is on the ownership stake of FMR LLC and Abigail P. Johnson, not the performance of the issuer.

Stakeholder Impact

• Shareholders may view the continued significant institutional ownership as a sign of stability and confidence in the company, potentially influencing investor sentiment positively.
• Management of First Northwest Bancorp may experience increased scrutiny or engagement from a large institutional investor like FMR LLC, though the filing states the shares are not held for control purposes.

Key Dates

Recommendation

This Schedule 13G filing primarily serves as a disclosure of beneficial ownership by FMR LLC and Abigail P. Johnson, indicating a significant 7.9% stake in First Northwest Bancorp. While the presence of a major institutional investor can be a positive indicator of confidence, the filing itself does not provide sufficient financial or operational details to warrant a 'buy' or 'sell' recommendation. A 'hold' recommendation is appropriate as it acknowledges the institutional interest without making a judgment on the issuer's fundamental performance, which would require further analysis of financial reports.

Keywords

First Northwest Bancorp, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Fidelity, Bank, Financial Services