---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-066726"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2025-07-09T23:59:59+00:00"
generated_at: "2026-05-18T08:53:12.380597+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CEO Matthew Deines resigns; COO Geraldine Bullard named interim CEO; CBO retires

## Summary
- Matthew P. Deines to resign as President and CEO effective July 12, 2025, mutual decision, no disagreement.
- Interim CEO Geraldine L. Bullard appointed; salary increased to $498k, retention bonus $250k, 7,500 restricted shares.
- Severance for Deines: $515,000 base salary, 90 days COBRA, 5,996 restricted shares vest, other shares forfeited.
- Chief Banking Officer Christopher W. Neros retired effective July 2, 2025.
- Executive search firm engaged to find permanent CEO; Bullard to serve until then.

## SEC filing metadata
- accession: 0001104659-25-066726
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2025-07-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000110465925066726/0001104659-25-066726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000110465925066726/tm2519907d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-066726
- JSON: https://secwatch.observer/filing/0001104659-25-066726.json
- Plain text: https://secwatch.observer/filing/0001104659-25-066726.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.