Form 4: Richard K. Laws Reports Changes in Beneficial Ownership of Northwest Bancshares, Inc. Stock

Sentiment:

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

DateDescription
05/21/2025Date of transaction: Disposition of shares for tax withholding.
05/22/2025Date of signature for the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Northwest Bancshares, NWBI, Richard K. Laws, Tax Withholding, 401-K, Common Stock

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