Duncan David R 4

What Happened David R. Duncan, a director of First Western Financial Inc. (MYFW), was granted 974 restricted stock units (RSUs) on June 3, 2026. The grant price is listed as $0.00 (award), so no cash was exchanged; reported value on grant was $0 in the Form 4. This is an equity award (compensation) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Filing date: 2026-06-05 (filed within the typical 2-business-day Section 16 window).
• Grant: 974 RSUs at $0.00 (award).
• Shares owned following the transaction: not specified in the filing.
• Footnote: RSUs vest in five substantially equal annual installments beginning June 3, 2027, subject to Duncan’s continued service.
• Transaction code: A (award/grant).

Context Restricted stock units represent a right to receive shares (or their cash value) upon vesting; they do not convey immediate tradable shares. Vesting over five years means the economic interest and any tax consequences occur over time as portions vest. Director RSU grants are commonly used as compensation and do not by themselves indicate a buy/sell signal in the open market.