---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-017716"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2021-07-28T23:59:59+00:00"
generated_at: "2026-06-30T01:38:03.416369+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp announces director retirement and appointment of Gabriel Galanda

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-21-017716
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2021-07-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774921017716/0001437749-21-017716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774921017716/fnwb20210726_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-017716
- JSON: https://secwatch.observer/filing/0001437749-21-017716.json
- Plain text: https://secwatch.observer/filing/0001437749-21-017716.txt

## Key facts
- Executive change
  David A. Blake retired as Director at First Northwest Bancorp.
  - Action: retired
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556727/000143774921017716/0001437749-21-017716-index.htm
- Executive change
  Gabriel S. Galanda was elected as Director at First Northwest Bancorp.
  - Action: elected
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556727/000143774921017716/0001437749-21-017716-index.htm

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