Form 4: Northwest Bancshares Executive Sells Shares
Insider Transaction (Form 4)
James M Colestro, Chief Retail Lending Officer of Northwest Bancshares, Inc., sold 13,274 shares of common stock on July 30, 2026 for $15.77 per share.
Summary
- Option exercise/conversion: acquired 2,178 Northwest Bancshares, Inc. Common Stock at $15.57 ($33,911) on July 30, 2026; holds 39,189 after (Direct).
- Option exercise/conversion: acquired 4,568 Northwest Bancshares, Inc. Common Stock at $9.71 ($44,355) on July 30, 2026; holds 43,757 after (Direct).
- Option exercise/conversion: acquired 6,528 Northwest Bancshares, Inc. Common Stock at $13.68 ($89,303) on July 30, 2026; holds 50,285 after (Direct).
- Open-market sale: disposed of 13,274 Northwest Bancshares, Inc. Common Stock at $15.77 ($209,331) on July 30, 2026; holds 37,011 after (Direct).
- Option exercise/conversion: disposed of 2,178 Stock Options (Right to Buy) at $15.57 ($33,911) on July 30, 2026 (Direct).
- Option exercise/conversion: disposed of 4,568 Stock Options (Right to Buy) at $9.71 ($44,355) on July 30, 2026 (Direct).
- Option exercise/conversion: disposed of 6,528 Stock Options (Right to Buy) at $13.68 ($89,303) on July 30, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $209,331 of stock on the open market.
Insider Transactions
James M Colestro — Officer (Chief Retail Lending Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-30 | Option exercise/conversion | Northwest Bancshares, Inc. Common Stock | 2,178 | $16 | $33.9K | 39,189.373 |
| 2026-07-30 | Option exercise/conversion | Northwest Bancshares, Inc. Common Stock | 4,568 | $10 | $44.4K | 43,757.373 |
| 2026-07-30 | Option exercise/conversion | Northwest Bancshares, Inc. Common Stock | 6,528 | $14 | $89.3K | 50,285.373 |
| 2026-07-30 | Open-market sale | Northwest Bancshares, Inc. Common Stock | 13,274 | $16 | $209.3K | 37,011.373 |
| 2026-07-30 | Option exercise/conversion | Stock Options (Right to Buy) | 2,178 | $16 | $33.9K | 0 |
| 2026-07-30 | Option exercise/conversion | Stock Options (Right to Buy) | 4,568 | $10 | $44.4K | 0 |
| 2026-07-30 | Option exercise/conversion | Stock Options (Right to Buy) | 6,528 | $14 | $89.3K | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-30 | Option exercise/conversion (2,178 shares) |
| 2026-07-30 | Option exercise/conversion (4,568 shares) |
| 2026-07-30 | Option exercise/conversion (6,528 shares) |
| 2026-07-30 | Open-market sale (13,274 shares) |
| 2026-07-30 | Option exercise/conversion (2,178 shares) |
| 2026-07-30 | Option exercise/conversion (4,568 shares) |
| 2026-07-30 | Option exercise/conversion (6,528 shares) |
Keywords
insider transaction, Form 4, NWBI, Northwest Bancshares, Inc., bearish, James M Colestro
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