First Northwest Bancorp 10-Q

Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities   (a) Not applicable.   (b) Not applicable.   (c) The following table summarizes common stock repurchases during the three months ended September 30, 2023:                                   Period   Total Number of Shares Purchased (1)     Average Price Paid per Share     Total Number of Shares Repurchased as Part of Publicly Announced Plans (2)     Maximum Number of Shares that May Yet Be Repurchased Under the Plans                                     July 1, 2023 - July 31, 2023     2,814     $ 11.10       1,073       226,337   August 1, 2023 - August 31, 2023     604       —       —       226,337   September 1, 2023 - September 30, 2023     1,261       —       —       226,337   Total     4,679     $ 11.10       1,073                                             (1) Shares repurchased by the Company during the quarter include shares acquired from participants in connection with cancellation of restricted stock to pay withholding taxes totaling 1,741 shares, 604 shares, and 1,261 shares, respectively, for the periods indicated.   (2) On October 28, 2020, the Company announced that its Board of Directors had authorized the repurchase of up to an additional 1,023,420 shares of its common stock, or approximately 10% of its shares of common stock issued and outstanding as of October 27, 2020. As of September 30, 2023, a total of 797,083 shares, or 77.9% percent of the shares authorized in the October 2020 stock repurchase plan, have been purchased at an average cost of $15.86 per share, leaving 226,337 shares available for future purchases.     61 Table of Contents     Item 3. Defaults Upon Senior Securities   Not applicable.   Item 4. Mine Safety Disclosures   Not applicable.