---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-001718"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:29:52.681284+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp appoints Lynn Terwoerds to Board effective January 24, 2023

## Summary
- Lynn Terwoerds appointed to Board of First Northwest Bancorp and First Fed Bank effective Jan 24, 2023.
- Ms. Terwoerds brings 24+ years cybersecurity experience at Microsoft, Barclays, Oracle; will serve on Audit Committee.
- Director compensation: annual retainer $36,530 plus committee fees; first-time director equity award of $50,000 in common stock vesting over 3 years.
- No reportable transactions or family relationships; director determined independent under NASDAQ standards.

## SEC filing metadata
- accession: 0001437749-23-001718
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774923001718/0001437749-23-001718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774923001718/fnwb20230119_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-001718
- JSON: https://secwatch.observer/filing/0001437749-23-001718.json
- Plain text: https://secwatch.observer/filing/0001437749-23-001718.txt

## Key facts
- Executive change
  Lynn Terwoerds was elected as Director at First Northwest Bancorp.
  - Action: elected
  - Role: Director
  source text: On January 24, 2023, Boards of Directors of First Northwest Bancorp (the "Company") and its banking subsidiary, First Fed Bank ("First Fed"), announced approval of the election of Lynn Terwoerds as a Director expanding the number of directors of both Boards to ten.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556727/000143774923001718/0001437749-23-001718-index.htm

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