FinWise Bancorp EVP Sarah Grotta Receives 19,072-Share Award

What Happened

• Sarah Grotta, EVP and Chief Fintech Officer of FinWise Bank (a wholly owned subsidiary of FinWise Bancorp), received an award/acquisition of 19,072 shares on 2026-07-28. The reported per-share value was $13.96, for a total value of approximately $266,245. This was a grant/award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-28; Form 4 filed: 2026-07-29 (timely filing).
• Transaction type: Award / Grant (code A).
• Shares acquired: 19,072 at $13.96 per share; total reported value ≈ $266,245.
• Shares owned after transaction: not specified in the summary data provided.
• Reporting relationship: Grotta is EVP, Chief Fintech Officer of FinWise Bank, a wholly owned subsidiary of FinWise Bancorp.
• No indication in the filing of a 10b5-1 plan, cashless exercise, gift, or tax-withholding event in the provided details.

Context

• Awards/grants are typically part of executive compensation or retention programs and do not necessarily indicate immediate buying or selling activity in the open market. They are different from purchases (which can be viewed as direct insider buying) and sales (which can signal liquidity needs or tax events).