Form 4: Northwest Bancshares Executive Exercises Stock Options and Sells Shares
SEC Form 4 Filing
Thomas K. Creal IV, Chief Credit Officer of Northwest Bancshares, Inc., exercised stock options and sold the acquired shares on May 19, 2025.
Summary
- On May 19, 2025, Thomas K. Creal IV, Chief Credit Officer of Northwest Bancshares, Inc., exercised stock options to acquire 1,720 shares of Northwest Bancshares, Inc. common stock at a price of $12.37 per share.
- On the same day, Creal sold 1,720 shares at $12.605 per share.
- Following these transactions, Creal directly owns 45,482 shares of Northwest Bancshares, Inc. common stock.
- Creal also indirectly owns 4,762.79 shares through a 401-K.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Executive stock option exercises and sales are a common form of compensation in the banking industry.
- Comparing Creal's transactions to those of executives at similar regional banks like Fulton Financial or OceanFirst Financial would provide context on the scale and frequency of such activities.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely negligible given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/20/2015 | Date stock options were exercisable |
| 05/19/2025 | Date of transaction (exercise of stock options and sale of shares) |
| 05/19/2025 | Date of report |
| 05/20/2025 | Expiration date of stock options |
Keywords
Northwest Bancshares, NWBI, Stock Options, Form 4, Executive Compensation, Insider Trading, Creal, Share Sale
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