Form 4: Finwise Bancorp Executive Dawn M. Cannon Reports Disposition of Shares
SEC Form 4 Filing
Dawn M. Cannon, former EVP and Chief Operating Officer of FinWise Bank, reports the disposition of 25,389 shares of Finwise Bancorp common stock on March 29, 2024.
Summary
- On March 29, 2024, Dawn M. Cannon, the former EVP and Chief Operating Officer of FinWise Bank, disposed of 25,389 shares of Finwise Bancorp common stock.
- Following the transaction, Cannon directly owns 8,894 shares of Finwise Bancorp.
- The transaction was reported on April 2, 2024.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting a transaction. The sentiment is neither positive nor negative.
Industry Context
Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates a change in Dawn M. Cannon's holdings of Finwise Bancorp stock.
Stakeholder Impact
- The disposition of shares by a former executive may be of interest to shareholders, but the impact is likely minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Disposition of 25,389 shares of common stock. |
| 04/02/2024 | Date of report filing. |
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