Finwise Bancorp·4

Jun 1, 4:08 PM ET

Arias Juan Carlos 4

Research Summary

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FinWise (FINW) EVP Juan Carlos Arias Withholds 285 Shares for Taxes

What Happened

  • Juan Carlos Arias, EVP and Chief Strategy Officer of FinWise Bank (a wholly owned subsidiary of FinWise Bancorp), had 285 shares withheld on 2026-05-28 to satisfy tax liability related to an equity award or option exercise. The withheld shares were valued at $14.24 each for a total of $4,058. This transaction is a tax-withholding disposition, not an open-market sale.

Key Details

  • Transaction date: 2026-05-28; Filing date (Form 4): 2026-06-01 (filed within required two business days).
  • Price per share: $14.24; Shares withheld/disposed: 285; Total value: $4,058.
  • Transaction code: F — payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Relationship: Reporting person is EVP, Chief Strategy Officer of FinWise Bank (subsidiary of FinWise Bancorp).

Context

  • Code F indicates the company withheld shares to cover taxes arising from an equity award or option exercise. This is a routine administrative action and should not be interpreted as a market sale or a direct signal of the insider's view on the stock.
  • Such withholdings are common following vesting or exercise events and do not provide the same market-information value as open-market purchases or sales.