Form 4: Richard K. Laws Reports Changes in Beneficial Ownership of Northwest Bancshares, Inc. Stock
SEC Form 4 Filing
Richard K. Laws, Chief Legal Counsel/Corp. Sec. of Northwest Bancshares, Inc., reports changes in beneficial ownership due to tax withholding and 401-K transactions.
Summary
- On May 21, 2025, Richard K. Laws, Chief Legal Counsel/Corp. Sec. of Northwest Bancshares, Inc., filed a Form 4.
- The filing reports changes in beneficial ownership of Northwest Bancshares, Inc. common stock.
- 170 shares were disposed of at a price of $12.63 to satisfy tax withholding obligations upon the vesting of a restricted stock award.
- The reporting person also has 5,625.777 shares held indirectly through a 401-K.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reflecting routine transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This filing indicates standard activity related to tax obligations and 401-K holdings.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders as they are related to individual tax obligations and 401-K holdings.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Disposition of shares for tax withholding. |
| 05/22/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Northwest Bancshares, NWBI, Richard K. Laws, Tax Withholding, 401-K, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.