Thiessens Richard 4

What Happened
Richard Thiessens, EVP and Chief Technology Officer of FinWise Bank (a wholly owned subsidiary of FinWise Bancorp), disposed of 1,759 shares on May 28, 2026. The shares were withheld/treated as payment for tax liability (transaction code F) at $14.24 per share, totaling approximately $25,048. This is a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date and price: May 28, 2026 — 1,759 shares at $14.24 each.
• Total value: ~$25,048 (shares disposed to cover tax obligations).
• Transaction type: Code F — payment of exercise price or tax liability (shares withheld).
• Shares owned after transaction: Not reported in the Form 4 filing.
• Filing date/timeliness: Form 4 filed June 1, 2026 — within the typical two-business-day reporting window.
• Relationship: Thiessens is EVP and CTO of FinWise Bank, a subsidiary of FinWise Bancorp.

Context
A code F disposition usually means shares were withheld to satisfy tax withholding obligations related to option exercises or restricted stock vesting. This is an administrative/tax-driven transaction and is not the same as an open-market sale, so it generally shouldn't be interpreted as a directional bet by the insider.