4Filed Jul 28, 8:00 PM ET
Finwise Bancorp CTO Richard Thiessens Receives 17,389-Share Award
$FINW · Finwise BancorpResearch Summary
AI-generated summary of this SEC filing
Finwise Bancorp CTO Richard Thiessens Receives 17,389-Share Award
What Happened Richard Thiessens, EVP and Chief Technology Officer of FinWise Bank (a wholly owned subsidiary of FinWise Bancorp, FINW), was granted/acquired 17,389 shares on July 28, 2026. The Form 4 reports an acquisition at $13.96 per share, for a total value of approximately $242,750. The transaction is reported on Form 4 under code "A" (award/grant/acquisition).
Key Details
- Transaction date: 2026-07-28; Form 4 filed: 2026-07-29 (timely filing).
- Transaction type/code: Award/Grant/Acquisition (A).
- Shares acquired: 17,389 at $13.96 per share; total reported value ≈ $242,750.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Reporting relationship: Thiessens is EVP & CTO of FinWise Bank, a wholly owned subsidiary of FinWise Bancorp (noted in the filing remarks).
- No 10b5-1 plan, tax-withholding, or cashless-sale details are indicated in the provided summary.
Context Award grants to executives are typically part of compensation (e.g., RSUs or restricted stock) and do not necessarily reflect a buy/sell market signal. This filing documents the receipt of equity rather than an open-market purchase or sale.