First Northwest Bancorp announces director retirement and appointment of Gabriel Galanda

First Northwest Bancorp

Director David A. Blake to retire effective September 28, 2021 after serving since 2005.
Gabriel S. Galanda appointed to fill vacancy; term until 2022 annual meeting with anticipated re-election.
Galanda is managing lawyer at Galanda Broadman, recognized in Native American Law, and a Round Valley Indian Tribes citizen.
Blake will receive accelerated vesting of 1,126 restricted shares upon retirement conditioned on continued service.
Galanda to receive standard director compensation: $32,000 annual retainer plus $50,000 in stock vesting over three years.

item 5.02 item 9.01

Executive movements

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Departed

David A. Blake

Director

FNWB · First Northwest Bancorp

Effective: 2021-09-28
Successor: Gabriel S. Galanda
Filed: July 28, 2021, 7:59 PM ET

On July 27, 2021, David A. Blake, a Director of First Northwest Bancorp ("Company") and its banking subsidiary, First Federal Savings and Loan Association of Port Angeles ("First Fed"), advised the Boards of Directors of the Company and First Fed (collectively, the "Boards") of his intent to retire from the Boards effective September 28, 2021.

Appointed

Gabriel S. Galanda

Director

FNWB · First Northwest Bancorp

Effective: 2021-09-28
Filed: July 28, 2021, 7:59 PM ET

The Boards subsequently announced approval of the election of Gabriel S. Galanda as a Director to fill the vacancy that will be created by Mr. Blake's retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David A. Blake retired as Director at First Northwest Bancorp.

Action: retired
Role: Director

Exact text from the filing

On July 27, 2021, David A. Blake, a Director of First Northwest Bancorp ("Company") and its banking subsidiary, First Federal Savings and Loan Association of Port Angeles ("First Fed"), advised the Boards of Directors of the Company and First Fed (collectively, the "Boards") of his intent to retire from the Boards effective September 28, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gabriel S. Galanda was elected as Director at First Northwest Bancorp.

Action: elected
Role: Director

Exact text from the filing

The Boards subsequently announced approval of the election of Gabriel S. Galanda as a Director to fill the vacancy that will be created by Mr. Blake's retirement.

View on SEC.gov

First Northwest Bancorp filing history →

Source: SEC EDGAR

accession 0001437749-21-017716

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