Giordano James N 4
Research Summary
AI-generated summary
Finwise (FINW) Director James N. Giordano Receives 3,179-Share Award
What Happened
- James N. Giordano, a director of Finwise Bancorp (FINW), was granted/acquired 3,179 shares on March 31, 2026. The transaction is reported as an award/acquisition (code A) and has a reported value of $50,006 based on a per-share price of $15.73.
Key Details
- Transaction date: 2026-03-31; reported on Form 4 filed 2026-04-01 (Accession 0001856365-26-000013).
- Shares granted/acquired: 3,179 at $15.73 per share; total reported value $50,006.
- Shares owned after the transaction: not specified on the provided filing details.
- Footnote: the $15.73 price equals the average closing price of FINW common stock for the 15 trading days ending the day before the grant (per footnote F1).
- Filing timeliness: filing date matches the reporting period; no late filing flag indicated in the provided data.
Context
- This was an equity award (acquisition) rather than an open-market purchase or sale. Awards to directors are commonly part of compensation or retention packages and do not by themselves indicate trading intent. For retail investors, purchases or awards can be informative but should be considered alongside other insider activity and company fundamentals.