Research Summary
AI-generated summary of this SEC filing
Finwise CEO James Noone Receives 56,476-Share Award
What Happened
James Noone, CEO of Finwise Bancorp (FINW), was granted 56,476 shares on 2026-07-28. The award is reported at a per-share value of $13.96, for a total reported value of approximately $788,405. This transaction is coded as an award/grant (SEC code A) — an acquisition tied to compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-07-28; Filing date: 2026-07-29 (filed promptly).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 56,476 at $13.96 per share; total reported value ~$788,405.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes/conditions: No 10b5-1 plan, tax withholding, vesting schedule, or other footnotes were provided in the data supplied.
Context
Awards like this are typically part of executive compensation (restricted stock, RSUs, or similar) and do not necessarily reflect an immediate personal cash investment by the insider. The filing does not state whether the shares are vested or subject to restrictions, nor whether any portion was withheld for taxes. The filing appears timely (next-day filing).