Form 4: Northwest Bancshares Chief Auditor Reports Stock Sale

Carey A. Barnum, Chief Auditor of Northwest Bancshares, Inc., reported selling 1,185 shares of common stock at a price of $12.455 on May 1, 2025.

Summary

• On May 1, 2025, Carey A. Barnum, the Chief Auditor of Northwest Bancshares, Inc. (NWBI), filed a Form 4 with the SEC.
• The form reports the sale of 1,185 shares of Northwest Bancshares, Inc. common stock.
• The transaction was executed at a price of $12.455 per share.
• Following the reported transaction, Barnum directly owns 5,201 shares of Northwest Bancshares, Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock sale by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a company insider could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.

Key Dates

Keywords

Form 4, SEC Filing, Northwest Bancshares, NWBI, Insider Trading, Stock Sale, Carey A. Barnum, Chief Auditor