Form 4: Finwise Bancorp Director James N. Giordano Reports Acquisition of Shares
SEC Form 4 Filing
Director James N. Giordano acquired 3,957 shares of Finwise Bancorp on May 28, 2024, and now beneficially owns 393,707 shares.
Summary
- On May 28, 2024, James N. Giordano, a director of Finwise Bancorp, acquired 3,957 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Giordano beneficially owns 393,707 shares of Finwise Bancorp.
- The transaction was reported on May 29, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock acquisition, which is neutral in sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The acquisition of shares by a director could be viewed positively by shareholders as it signals confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction: James N. Giordano acquired shares of Finwise Bancorp. |
| 05/29/2024 | Date of report: Form 4 filing date. |
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