Form 4: Northwest Bancshares Director Pablo Vegas Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Director Pablo Vegas reports acquiring and disposing of Northwest Bancshares, Inc. common stock on March 7, 2025, according to a Form 4 filing.
Summary
- Pablo Vegas, a director of Northwest Bancshares, Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 7, 2025, Vegas acquired 4,277 shares of Northwest Bancshares, Inc. common stock.
- On the same day, Vegas disposed of 4,277 shares of Northwest Bancshares, Inc. common stock.
- Following these transactions, Vegas beneficially owns 15,851 shares of Northwest Bancshares, Inc. common stock.
- The filing also includes a Power of Attorney, granting certain individuals the authority to execute and file forms on Vegas's behalf related to Section 16(a) of the Securities Exchange Act of 1934.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating a neutral sentiment. It simply reports transactions and doesn't convey any positive or negative outlook.
Industry Context
This is a routine filing related to insider trading regulations and provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the transactions of a company director, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 11/20/2024 | Date of Power of Attorney execution. |
| 03/07/2025 | Date of stock acquisition and disposal. |
| 03/07/2026 | RSA shares fully vest. |
| 03/11/2025 | Date of Form 4 signature. |
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