Cassell Matthew C. 4

What Happened

• Matthew C. Cassell, Chief Revenue Officer of First Western Financial Inc. (MYFW), was granted 862 restricted stock units (RSUs) on May 1, 2026 (acquired at $0.00). To satisfy tax withholding obligations, 388 shares were surrendered on May 1, 2026 at $28.55 ($11,077) and an additional 36 shares were surrendered on May 4, 2026 at $28.55 ($1,028), for a total of 424 shares withheld and approximately $12,105 in proceeds. The RSU grant is an award (not a market purchase).

Key Details

• Transaction dates and amounts:
  • 2026-05-01: Award of 862 RSUs @ $0.00 (grant)
  • 2026-05-01: Tax withholding — 388 shares disposed @ $28.55 = $11,077
  • 2026-05-04: Tax withholding — 36 shares disposed @ $28.55 = $1,028
• Total shares withheld for taxes: 424; total value of withheld shares: ~$12,105.
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Footnote: The RSUs vest in five substantially equal annual installments beginning May 1, 2027, subject to continued service (per filing).
• Filing timeliness: The Form 4 was filed May 5, 2026 for transactions on May 1–4, 2026; this appears later than the typical 2-business-day reporting window and may be a late filing.

Context

• These transactions reflect an award of RSUs and routine tax-withholding disposals (code F). The RSUs do not vest immediately — they vest annually over five years starting May 1, 2027 — so this is a future-compensation award rather than an immediate purchase. Tax-withholding disposals are common and do not necessarily indicate insider sentiment about the stock.