secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001437749-24-009549
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sean Brennan elected to First Northwest Bancorp board, committees
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- Sean P. Brennan appointed as Director of First Northwest Bancorp and First Fed Bank, effective March 26, 2024.
- Brennan will serve until 2024 Annual Meeting; expected to be nominated for re-election.
- He will receive standard outside director compensation: $36,530 annual retainer plus committee retainers ($4,800 audit, $2,800 other).
- As first-time director, Brennan will get $50,000 in restricted stock (closing price May 6, 2024), vesting in three equal annual installments.
- Brennan is former President/Chief Lending Officer of Puget Sound Bank, with over 35 years financial industry experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774924009549/0001437749-24-009549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774924009549/fnwb20240322_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-009549

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer