[Form 4] First Northwest Bancorp Insider Trading Activity
Form 4 filing overview: Interim CEO Geraldine L. Bullard of First Northwest Bancorp (FNWB) acquired 7,500 shares of restricted common stock on 07/14/2025 under the company鈥檚 2020 Equity Incentive Plan. The shares were recorded at $8.30 per share and will vest in full on 07/13/2026.
Following the grant, Bullard鈥檚 direct beneficial ownership rises to 35,851 shares. She also holds 2,431 shares indirectly through the company鈥檚 ESOP. The filing reports no sales or dispositions, indicating an increase in insider equity alignment rather than monetization.
Vesting profile:
- New award: 7,500 restricted shares, vesting 100% on 07/13/2026.
- Existing awards: 4,431 restricted shares (half vesting annually starting 03/07/2026) and 3,949 restricted shares (one-third vesting annually starting 03/07/2026).
Because FNWB鈥檚 market capitalization is relatively modest, insider accumulation鈥攅ven in small absolute amounts鈥攃an be a useful sentiment indicator for investors tracking management confidence and potential dilution. No derivative securities were reported.
Panoramica della presentazione del Modulo 4: Geraldine L. Bullard, CEO ad interim di First Northwest Bancorp (FNWB), ha acquisito 7.500 azioni di azioni ordinarie vincolate il 14/07/2025 nell'ambito del Piano di Incentivi Azionari 2020 della societ脿. Le azioni sono state registrate a 8,30$ ciascuna e saranno interamente maturate il 13/07/2026.
Dopo l鈥檃ssegnazione, la propriet脿 diretta effettiva di Bullard sale a 35.851 azioni. Detiene inoltre 2.431 azioni indirettamente tramite il piano ESOP dell鈥檃zienda. La dichiarazione non riporta vendite o cessioni, segnalando quindi un aumento dell鈥檃llineamento patrimoniale interno piuttosto che una monetizzazione.
Profilo di maturazione:
- Nuovo premio: 7.500 azioni vincolate, con maturazione completa il 13/07/2026.
- Premi esistenti: 4.431 azioni vincolate (met脿 maturano annualmente a partire dal 07/03/2026) e 3.949 azioni vincolate (un terzo matura annualmente a partire dal 07/03/2026).
Poich茅 la capitalizzazione di mercato di FNWB 猫 relativamente contenuta, l鈥檃ccumulo interno 鈥� anche se in quantit脿 assolute modeste 鈥� pu貌 rappresentare un indicatore utile del sentiment per gli investitori che monitorano la fiducia del management e il potenziale diluizione. Non sono stati segnalati titoli derivati.
Resumen de la presentaci贸n del Formulario 4: Geraldine L. Bullard, CEO interina de First Northwest Bancorp (FNWB), adquiri贸 7,500 acciones ordinarias restringidas el 14/07/2025 bajo el Plan de Incentivos de Capital 2020 de la empresa. Las acciones se registraron a $8.30 por acci贸n y se consolidar谩n completamente el 13/07/2026.
Tras la concesi贸n, la propiedad directa beneficiaria de Bullard aumenta a 35,851 acciones. Tambi茅n posee 2,431 acciones indirectamente a trav茅s del ESOP de la empresa. La presentaci贸n no reporta ventas o disposiciones, indicando un aumento en la alineaci贸n patrimonial interna en lugar de una monetizaci贸n.
Perfil de consolidaci贸n:
- Nuevo premio: 7,500 acciones restringidas, con consolidaci贸n total el 13/07/2026.
- Premios existentes: 4,431 acciones restringidas (la mitad se consolida anualmente desde el 07/03/2026) y 3,949 acciones restringidas (un tercio se consolida anualmente desde el 07/03/2026).
Dado que la capitalizaci贸n de mercado de FNWB es relativamente modesta, la acumulaci贸n interna 鈥� incluso en cantidades absolutas peque帽as 鈥� puede ser un indicador 煤til del sentimiento para los inversores que siguen la confianza de la gerencia y la posible diluci贸n. No se reportaron valores derivados.
Form 4 鞝滌稖 臧滌殧: First Northwest Bancorp(FNWB)鞚� 鞛勳嫓 CEO Geraldine L. Bullard臧� 2025雲� 7鞗� 14鞚� 須岇偓鞚� 2020雲� 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 7,500欤检潣 鞝滍暅 氤错喌欤茧ゼ 旆摑頄堨姷雼堧嫟. 欤茧嫻 臧�瓴╈澏� 8.30雼煬搿� 旮半霅橃棃鞙茧┌, 2026雲� 7鞗� 13鞚检棎 鞝勳暋 氩犾姢韺呺惄雼堧嫟.
鞚措矆 攵�鞐� 鞚错泟 Bullard鞚� 歆侅爲 鞁れ 靻岇湢欤检嫕鞚赌 35,851欤�搿� 歃濌皜頄堨姷雼堧嫟. 霕愴暅 須岇偓鞚� ESOP毳� 韱淀暣 2,431欤茧ゼ 臧勳爲 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 毵る弰雮� 觳橂秳 雮挫棴鞚� 鞐嗢溂氅�, 鞚措姅 雮措秬鞛愳潣 欤检嫕 氤挫湢 歃濌皜毳� 鞚橂頃橂┌ 順勱笀頇旉皜 鞎勲嫎鞚� 雮橅儉雰呺媹雼�.
氩犾姢韺� 頂勲頃�:
- 鞁犼窚 靾橃棳: 7,500欤� 鞝滍暅 欤检嫕, 2026雲� 7鞗� 13鞚� 100% 氩犾姢韺�.
- 旮办〈 靾橃棳: 4,431欤� 鞝滍暅 欤检嫕(2026雲� 3鞗� 7鞚茧秬韯� 毵る厔 鞝堧皹鞌� 氩犾姢韺�), 3,949欤� 鞝滍暅 欤检嫕(2026雲� 3鞗� 7鞚茧秬韯� 毵る厔 3攵勳潣 1鞌� 氩犾姢韺�).
FNWB鞚� 鞁滉皜齑濎暋鞚� 牍勱祼鞝� 鞛戧赴 霑岆鞐�, 雮措秬鞛愳潣 欤检嫕 於曥爜鞚赌 鞝堧寑 靾橂焿鞚� 鞝侂崝霛茧弰 瓴届榿歆� 鞁犽霃勳檧 鞛犾灛鞝� 頋劃 臧�電レ劚鞚� 於旍爜頃橂姅 韴瀽鞛愳棎瓴� 鞙犾毄頃� 鞁Μ 歆�響滉皜 霅� 靾� 鞛堨姷雼堧嫟. 韺岇儩 歃濌秾鞚赌 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
R茅sum茅 du d茅p么t du formulaire 4 : Geraldine L. Bullard, PDG par int茅rim de First Northwest Bancorp (FNWB), a acquis 7 500 actions ordinaires restreintes le 14/07/2025 dans le cadre du Plan d'incitation en actions 2020 de la soci茅t茅. Les actions ont 茅t茅 enregistr茅es 脿 8,30 $ chacune et seront enti猫rement acquises le 13/07/2026.
Suite 脿 cette attribution, la possession directe b茅n茅ficiaire de Bullard s鈥櫭﹍猫ve 脿 35 851 actions. Elle d茅tient 茅galement 2 431 actions indirectement via le plan ESOP de l鈥檈ntreprise. Le d茅p么t ne signale aucune vente ni cession, indiquant une augmentation de l鈥檃lignement des int茅r锚ts internes plut么t qu鈥檜ne mon茅tisation.
Profil d鈥檃cquisition :
- Nouvelle attribution : 7 500 actions restreintes, acquisition 脿 100 % le 13/07/2026.
- Attributions existantes : 4 431 actions restreintes (la moiti茅 acquise annuellement 脿 partir du 07/03/2026) et 3 949 actions restreintes (un tiers acquis annuellement 脿 partir du 07/03/2026).
脡tant donn茅 que la capitalisation boursi猫re de FNWB est relativement modeste, l鈥檃ccumulation par les initi茅s 鈥� m锚me en quantit茅s absolues faibles 鈥� peut constituer un indicateur utile du sentiment des investisseurs suivant la confiance de la direction et le risque de dilution potentielle. Aucun titre d茅riv茅 n鈥檃 茅t茅 d茅clar茅.
脺berblick 眉ber die Form 4-Einreichung: Geraldine L. Bullard, Interim-CEO von First Northwest Bancorp (FNWB), erwarb am 14.07.2025 7.500 eingeschr盲nkte Stammaktien im Rahmen des Aktienanreizplans 2020 des Unternehmens. Die Aktien wurden mit 8,30 $ pro Aktie bewertet und werden am 13.07.2026 vollst盲ndig unverfallbar.
Nach der Zuteilung steigt Bullards direkter wirtschaftlicher Eigentumsanteil auf 35.851 Aktien. Zudem h盲lt sie 2.431 Aktien indirekt 眉ber den ESOP des Unternehmens. Die Einreichung meldet keine Verk盲ufe oder Ver盲u脽erungen, was auf eine verst盲rkte interne Beteiligung statt Monetarisierung hinweist.
Vesting-Profil:
- Neue Zuteilung: 7.500 eingeschr盲nkte Aktien, vollst盲ndige Vesting am 13.07.2026.
- Bestehende Zuteilungen: 4.431 eingeschr盲nkte Aktien (die H盲lfte vestet j盲hrlich ab dem 07.03.2026) und 3.949 eingeschr盲nkte Aktien (ein Drittel vestet j盲hrlich ab dem 07.03.2026).
Da die Marktkapitalisierung von FNWB relativ gering ist, kann eine Insider-Akkumulation 鈥� selbst in kleinen absoluten Mengen 鈥� ein n眉tzlicher Indikator f眉r die Stimmung von Investoren sein, die das Vertrauen des Managements und potenzielle Verw盲sserungen verfolgen. Es wurden keine derivativen Wertpapiere gemeldet.
- Insider accumulation: Interim CEO increased her direct holdings by 7,500 shares, signaling confidence.
- No insider sales: The filing shows only acquisitions, reducing concerns about adverse insider sentiment.
- Limited dilution: New shares represent roughly 0.08% of outstanding stock, minimally affecting existing shareholders.
- None.
Insights
TL;DR: Insider buys 7,500 restricted FNWB shares; no sales, modest positive signal, limited dilution.
The transaction expands the Interim CEO鈥檚 direct stake by roughly 26% (from ~28.4k to 35.9k shares). At the reported $8.30 price, the grant is valued around $62,000, immaterial to book value but notable for insider sentiment. Because the shares are restricted and vest over 12 months, the grant incentivizes longer-term performance alignment rather than immediate liquidity. No options or other derivatives were issued, so dilution risk is confined to the 7,500 shares鈥攁bout 0.08% of FNWB鈥檚 ~9.2 million shares outstanding. Overall impact: marginally positive as it affirms management confidence without meaningful dilution.
TL;DR: Equity grant supports pay-for-performance structure; governance impact neutral-positive.
Restricted stock with a one-year cliff is tighter than the typical three-year vest seen in many banks, encouraging retention during a leadership transition. The absence of performance conditions tempers the strength of the alignment but still links compensation to share price appreciation. No red flags on timing or volume relative to prior grants. Filing compliance is timely (within two business days). Impact is governance-positive yet financially immaterial.
Panoramica della presentazione del Modulo 4: Geraldine L. Bullard, CEO ad interim di First Northwest Bancorp (FNWB), ha acquisito 7.500 azioni di azioni ordinarie vincolate il 14/07/2025 nell'ambito del Piano di Incentivi Azionari 2020 della societ脿. Le azioni sono state registrate a 8,30$ ciascuna e saranno interamente maturate il 13/07/2026.
Dopo l鈥檃ssegnazione, la propriet脿 diretta effettiva di Bullard sale a 35.851 azioni. Detiene inoltre 2.431 azioni indirettamente tramite il piano ESOP dell鈥檃zienda. La dichiarazione non riporta vendite o cessioni, segnalando quindi un aumento dell鈥檃llineamento patrimoniale interno piuttosto che una monetizzazione.
Profilo di maturazione:
- Nuovo premio: 7.500 azioni vincolate, con maturazione completa il 13/07/2026.
- Premi esistenti: 4.431 azioni vincolate (met脿 maturano annualmente a partire dal 07/03/2026) e 3.949 azioni vincolate (un terzo matura annualmente a partire dal 07/03/2026).
Poich茅 la capitalizzazione di mercato di FNWB 猫 relativamente contenuta, l鈥檃ccumulo interno 鈥� anche se in quantit脿 assolute modeste 鈥� pu貌 rappresentare un indicatore utile del sentiment per gli investitori che monitorano la fiducia del management e il potenziale diluizione. Non sono stati segnalati titoli derivati.
Resumen de la presentaci贸n del Formulario 4: Geraldine L. Bullard, CEO interina de First Northwest Bancorp (FNWB), adquiri贸 7,500 acciones ordinarias restringidas el 14/07/2025 bajo el Plan de Incentivos de Capital 2020 de la empresa. Las acciones se registraron a $8.30 por acci贸n y se consolidar谩n completamente el 13/07/2026.
Tras la concesi贸n, la propiedad directa beneficiaria de Bullard aumenta a 35,851 acciones. Tambi茅n posee 2,431 acciones indirectamente a trav茅s del ESOP de la empresa. La presentaci贸n no reporta ventas o disposiciones, indicando un aumento en la alineaci贸n patrimonial interna en lugar de una monetizaci贸n.
Perfil de consolidaci贸n:
- Nuevo premio: 7,500 acciones restringidas, con consolidaci贸n total el 13/07/2026.
- Premios existentes: 4,431 acciones restringidas (la mitad se consolida anualmente desde el 07/03/2026) y 3,949 acciones restringidas (un tercio se consolida anualmente desde el 07/03/2026).
Dado que la capitalizaci贸n de mercado de FNWB es relativamente modesta, la acumulaci贸n interna 鈥� incluso en cantidades absolutas peque帽as 鈥� puede ser un indicador 煤til del sentimiento para los inversores que siguen la confianza de la gerencia y la posible diluci贸n. No se reportaron valores derivados.
Form 4 鞝滌稖 臧滌殧: First Northwest Bancorp(FNWB)鞚� 鞛勳嫓 CEO Geraldine L. Bullard臧� 2025雲� 7鞗� 14鞚� 須岇偓鞚� 2020雲� 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 7,500欤检潣 鞝滍暅 氤错喌欤茧ゼ 旆摑頄堨姷雼堧嫟. 欤茧嫻 臧�瓴╈澏� 8.30雼煬搿� 旮半霅橃棃鞙茧┌, 2026雲� 7鞗� 13鞚检棎 鞝勳暋 氩犾姢韺呺惄雼堧嫟.
鞚措矆 攵�鞐� 鞚错泟 Bullard鞚� 歆侅爲 鞁れ 靻岇湢欤检嫕鞚赌 35,851欤�搿� 歃濌皜頄堨姷雼堧嫟. 霕愴暅 須岇偓鞚� ESOP毳� 韱淀暣 2,431欤茧ゼ 臧勳爲 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 毵る弰雮� 觳橂秳 雮挫棴鞚� 鞐嗢溂氅�, 鞚措姅 雮措秬鞛愳潣 欤检嫕 氤挫湢 歃濌皜毳� 鞚橂頃橂┌ 順勱笀頇旉皜 鞎勲嫎鞚� 雮橅儉雰呺媹雼�.
氩犾姢韺� 頂勲頃�:
- 鞁犼窚 靾橃棳: 7,500欤� 鞝滍暅 欤检嫕, 2026雲� 7鞗� 13鞚� 100% 氩犾姢韺�.
- 旮办〈 靾橃棳: 4,431欤� 鞝滍暅 欤检嫕(2026雲� 3鞗� 7鞚茧秬韯� 毵る厔 鞝堧皹鞌� 氩犾姢韺�), 3,949欤� 鞝滍暅 欤检嫕(2026雲� 3鞗� 7鞚茧秬韯� 毵る厔 3攵勳潣 1鞌� 氩犾姢韺�).
FNWB鞚� 鞁滉皜齑濎暋鞚� 牍勱祼鞝� 鞛戧赴 霑岆鞐�, 雮措秬鞛愳潣 欤检嫕 於曥爜鞚赌 鞝堧寑 靾橂焿鞚� 鞝侂崝霛茧弰 瓴届榿歆� 鞁犽霃勳檧 鞛犾灛鞝� 頋劃 臧�電レ劚鞚� 於旍爜頃橂姅 韴瀽鞛愳棎瓴� 鞙犾毄頃� 鞁Μ 歆�響滉皜 霅� 靾� 鞛堨姷雼堧嫟. 韺岇儩 歃濌秾鞚赌 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
R茅sum茅 du d茅p么t du formulaire 4 : Geraldine L. Bullard, PDG par int茅rim de First Northwest Bancorp (FNWB), a acquis 7 500 actions ordinaires restreintes le 14/07/2025 dans le cadre du Plan d'incitation en actions 2020 de la soci茅t茅. Les actions ont 茅t茅 enregistr茅es 脿 8,30 $ chacune et seront enti猫rement acquises le 13/07/2026.
Suite 脿 cette attribution, la possession directe b茅n茅ficiaire de Bullard s鈥櫭﹍猫ve 脿 35 851 actions. Elle d茅tient 茅galement 2 431 actions indirectement via le plan ESOP de l鈥檈ntreprise. Le d茅p么t ne signale aucune vente ni cession, indiquant une augmentation de l鈥檃lignement des int茅r锚ts internes plut么t qu鈥檜ne mon茅tisation.
Profil d鈥檃cquisition :
- Nouvelle attribution : 7 500 actions restreintes, acquisition 脿 100 % le 13/07/2026.
- Attributions existantes : 4 431 actions restreintes (la moiti茅 acquise annuellement 脿 partir du 07/03/2026) et 3 949 actions restreintes (un tiers acquis annuellement 脿 partir du 07/03/2026).
脡tant donn茅 que la capitalisation boursi猫re de FNWB est relativement modeste, l鈥檃ccumulation par les initi茅s 鈥� m锚me en quantit茅s absolues faibles 鈥� peut constituer un indicateur utile du sentiment des investisseurs suivant la confiance de la direction et le risque de dilution potentielle. Aucun titre d茅riv茅 n鈥檃 茅t茅 d茅clar茅.
脺berblick 眉ber die Form 4-Einreichung: Geraldine L. Bullard, Interim-CEO von First Northwest Bancorp (FNWB), erwarb am 14.07.2025 7.500 eingeschr盲nkte Stammaktien im Rahmen des Aktienanreizplans 2020 des Unternehmens. Die Aktien wurden mit 8,30 $ pro Aktie bewertet und werden am 13.07.2026 vollst盲ndig unverfallbar.
Nach der Zuteilung steigt Bullards direkter wirtschaftlicher Eigentumsanteil auf 35.851 Aktien. Zudem h盲lt sie 2.431 Aktien indirekt 眉ber den ESOP des Unternehmens. Die Einreichung meldet keine Verk盲ufe oder Ver盲u脽erungen, was auf eine verst盲rkte interne Beteiligung statt Monetarisierung hinweist.
Vesting-Profil:
- Neue Zuteilung: 7.500 eingeschr盲nkte Aktien, vollst盲ndige Vesting am 13.07.2026.
- Bestehende Zuteilungen: 4.431 eingeschr盲nkte Aktien (die H盲lfte vestet j盲hrlich ab dem 07.03.2026) und 3.949 eingeschr盲nkte Aktien (ein Drittel vestet j盲hrlich ab dem 07.03.2026).
Da die Marktkapitalisierung von FNWB relativ gering ist, kann eine Insider-Akkumulation 鈥� selbst in kleinen absoluten Mengen 鈥� ein n眉tzlicher Indikator f眉r die Stimmung von Investoren sein, die das Vertrauen des Managements und potenzielle Verw盲sserungen verfolgen. Es wurden keine derivativen Wertpapiere gemeldet.
FAQ
How many FNWB shares did the Interim CEO acquire?
What was the acquisition price of the FNWB shares?
When will the newly granted FNWB shares vest?
What is Bullard鈥檚 total beneficial ownership after the transaction?
Were any FNWB shares sold in this Form 4 filing?
