Zimlich Joseph C. 4

What Happened

• Joseph C. Zimlich, a director of First Western Financial, was granted 974 restricted stock units (reported as an acquisition) on 2026-06-03. The filing reports an acquisition price of $0.00 (total reported value $0), consistent with an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Report filed: 2026-06-05 (timely filing).
• Transaction type/code: Award/Grant (code A); 974 units acquired at $0.00 per unit.
• Shares owned after transaction: Not specified in this Form 4.
• Footnote: These are restricted stock units (RSUs) that vest in five substantially equal annual installments beginning June 3, 2027, subject to the reporting person’s continued service (F1).
• Filing appears timely (filed within standard Form 4 deadline); no 10% owner indication.

Context

• RSUs are compensation awards that convert to shares as they vest; they generally have no immediate cash cost to the recipient and are not the same as a market purchase (so they are not a direct "buy" signal). Vesting and continued service conditions mean the economic interest is deferred and depends on future employment/board service.