Form 4: Northwest Bancshares Executive Devin T. Cygnar Reports Stock Sale
SEC Form 4 Filing
EVP, Chief Marketing/Communications Officer Devin T. Cygnar reported the sale of Northwest Bancshares, Inc. common stock on May 8, 2024.
Summary
- On May 8, 2024, Devin T. Cygnar, EVP, Chief Marketing/Communications Officer of Northwest Bancshares, Inc., reported a transaction involving the company's common stock.
- Cygnar sold 3,843 shares of Northwest Bancshares, Inc. common stock at a price of $11.08 per share.
- Following the transaction, Cygnar directly owns 11,823 shares of Northwest Bancshares, Inc. common stock.
- Cygnar also indirectly owns 13,692.1279 shares through an IRA and 5,899.877 shares through a 401-K.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. It is difficult to assess the impact of a single transaction without broader context.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of stock sale transaction and filing date of the Form 4. |
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