---
schema_version: "secwatch.filing_event.v1"
accession: "0001471265-21-000153"
form_type: "8-K"
ticker: "NWBI"
cik: "0001471265"
company_name: "Northwest Bancshares, Inc."
filed_at: "2021-11-19T23:59:59+00:00"
generated_at: "2026-06-28T06:30:18.433056+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Northwest Bancshares amends exec employment agreements to remove change-in-control payment reduction clause

## Summary
- Deleted Section 4(f) from agreements of CEO, CFO, and three other SEVPs, eliminating benefit reduction upon change in control.
- Amendment effective Nov 1, 2021; affects Ronald J. Seiffert, William W. Harvey Jr., John J. Golding, Mark T. Reitzes, Louis J. Torchio.
- Executives will now receive full severance payments without parachute reduction in a change-in-control event.

## SEC filing metadata
- accession: 0001471265-21-000153
- form_type: 8-K
- ticker: NWBI
- cik: 0001471265
- company_name: Northwest Bancshares, Inc.
- filed_at: 2021-11-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471265/000147126521000153/0001471265-21-000153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471265/000147126521000153/nwbi-20211116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001471265-21-000153
- JSON: https://secwatch.observer/filing/0001471265-21-000153.json
- Plain text: https://secwatch.observer/filing/0001471265-21-000153.txt

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