<SEC-DOCUMENT>0001437749-24-007096.txt : 20240308
<SEC-HEADER>0001437749-24-007096.hdr.sgml : 20240308
<ACCEPTANCE-DATETIME>20240308115906
ACCESSION NUMBER:		0001437749-24-007096
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240307
FILED AS OF DATE:		20240308
DATE AS OF CHANGE:		20240308

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Finnie Cindy H.
		CENTRAL INDEX KEY:			0001622993
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36741
		FILM NUMBER:		24733131

	MAIL ADDRESS:	
		STREET 1:		105 WEST 8TH STREET
		CITY:			PORT ANGELES
		STATE:			WA
		ZIP:			98362

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			First Northwest Bancorp
		CENTRAL INDEX KEY:			0001556727
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				461259100
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		105 WEST 8TH STREET
		CITY:			PORT ANGELES
		STATE:			WA
		ZIP:			98362
		BUSINESS PHONE:		(360) 457-0461

	MAIL ADDRESS:	
		STREET 1:		105 WEST 8TH STREET
		CITY:			PORT ANGELES
		STATE:			WA
		ZIP:			98362
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-03-07</periodOfReport>

    <issuer>
        <issuerCik>0001556727</issuerCik>
        <issuerName>First Northwest Bancorp</issuerName>
        <issuerTradingSymbol>FNWB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001622993</rptOwnerCik>
            <rptOwnerName>Finnie Cindy H.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>105 WEST 8TH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PORT ANGELES</rptOwnerCity>
            <rptOwnerState>WA</rptOwnerState>
            <rptOwnerZipCode>98362</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-03-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1476</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>15.75</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>37029</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents an award of restricted stock under the Issuer's 2020 Equity Incentive Plan (&quot;2020 Plan&quot;), which will vest in full on March 7, 2025.</footnote>
        <footnote id="F2">Includes 6,715 shares held in reporting person's IRA account and 1,476 unvested shares of restricted stock granted under the Issuer's 2020 Plan, which will vest in full on March 7, 2025.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Allison R. Mahaney, Attorney-in-Fact for Cindy H. Finnie</signatureName>
        <signatureDate>2024-03-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
