Erin Freund Siegfried, Chief Legal Counsel and Corporate Secretary of Northwest Bancshares, Inc. (NASDAQ:NWBI), filed a Form 4 on October 30, 2026, reporting a share disposition on October 28, 2026 related to a restricted stock unit vesting event.

Key Highlights

  • Transaction type: 1,708 shares of Northwest Bancshares common stock were disposed of (transaction code F) to satisfy tax withholding obligations upon the vesting of a restricted stock unit.
  • Price per share: The shares were withheld at $15.27 each, according to the filing.
  • Transaction date: The disposition occurred on October 28, 2026.
  • Remaining ownership: Following the transaction, Siegfried holds 25,738.416 shares of common stock directly.
  • Footnote disclosure: The filing notes that 25,738.416 shares include dividend equivalent rights accrued on RSUs previously granted, which are subject to the same terms and conditions as the underlying RSUs.
  • Reporting person role: Siegfried is identified in the filing as Chief Legal Counsel and Corporate Secretary, not a director or 10% owner.

Northwest Bancshares Officer Reports RSU-Related Share Withholding on October 28, 2026

According to the Form 4 filed with the SEC on October 30, 2026, Erin Freund Siegfried, identified as Chief Legal Counsel and Corporate Secretary of Northwest Bancshares, Inc., reported the disposition of 1,708 shares of common stock on October 28, 2026. The filing states the shares were withheld at a price of $15.27 per share to satisfy the reporting person's tax withholding obligation upon the vesting of a restricted stock unit. The transaction is coded "F," consistent with shares withheld for tax purposes rather than an open-market sale.

Following the transaction, the filing reports that Siegfried directly holds 25,738.416 shares of Northwest Bancshares common stock. A footnote in the filing clarifies that this total represents dividend equivalent rights accrued on RSUs previously granted to the reporting person, and that those rights "are subject to the same terms and conditions as the underlying RSUs." No indirect ownership or derivative securities positions are reported in the filing.

The Form 4 was filed individually by one reporting person. Northwest Bancshares, Inc. is listed on NASDAQ under the symbol NWBI, as stated on the filing's cover. The form was signed by Erin F. Siegfried and dated October 30, 2026.

What Was Disclosed

The filing discloses a single tax-withholding share disposition by Northwest Bancshares' Chief Legal Counsel and Corporate Secretary upon the vesting of a restricted stock unit, with 1,708 shares withheld at $15.27, leaving a direct holding of 25,738.416 shares.