First Western Financial Inc·4

May 5, 4:12 PM ET

Weber David R. 4

4 · First Western Financial Inc · Filed May 5, 2026

Research Summary

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Updated

First Western (MYFW) CFO David R. Weber Receives RSUs, Sells Shares

What Happened
David R. Weber, Chief Financial Officer of First Western Financial Inc. (MYFW), received a grant of 668 restricted stock units (RSUs) on 2026-05-01 (reported as an award, code A). Separately, 342 shares were disposed to satisfy tax/payment obligations: 240 shares on 2026-05-01 and 102 shares on 2026-05-04, each at $28.55 per share for total proceeds of $6,852 and $2,912 respectively (combined $9,764). The disposals are reported under transaction code F (payment of exercise price or tax liability) and are generally routine tax-withholding actions rather than open-market selling for investment purposes.

Key Details

  • Transaction dates and prices: 668 RSUs granted on 2026-05-01 (value reported $0); 240 shares disposed 2026-05-01 at $28.55; 102 shares disposed 2026-05-04 at $28.55.
  • Total value of disposals: $9,764 (240 × $28.55 = $6,852; 102 × $28.55 = $2,912).
  • Shares owned after transaction: not disclosed in the Form 4 filing.
  • Footnote: The 668 RSUs vest in five substantially equal annual installments beginning May 1, 2027, subject to continued service (footnote F1).
  • Filing timeliness: Form 4 filed 2026-05-05 reporting 2026-05-01 transactions; this filing is within the typical two-business-day window and is therefore timely.
  • Transaction codes: A = award/grant; F = payment of exercise price or tax liability (i.e., shares used/withheld to cover tax obligations).

Context
RSU grants are a form of compensation and are not market purchases; they typically indicate retention/compensation rather than a direct bullish or bearish signal. The reported share disposals were to satisfy tax or payment obligations (routine), not a public open-market sale intended to raise cash for unrelated reasons. The RSUs will vest over future years per the disclosed schedule, so future taxable events and potential withholding/sales may occur at vesting.

Insider Transaction Report

Form 4
Period: 2026-05-01
Weber David R.
Chief Financial Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-01+6686,707 total
  • Tax Payment

    Common Stock

    2026-05-01$28.55/sh240$6,8526,467 total
  • Tax Payment

    Common Stock

    2026-05-04$28.55/sh102$2,9126,365 total
Footnotes (1)
  • [F1]Represents restricted stock units that vest in five substantially equal annual installments beginning on May 1, 2027, subject to the continued service of the reporting person.
Signature
/s/ Julie A. Courkamp, Attorney-in-Fact|2026-05-05

Documents

1 file
  • 4
    wk-form4_1778011919.xmlPrimary

    FORM 4