Form 4: Finwise Bancorp Executive Richard Thiessens Reports Share Acquisition and Disposal
SEC Form 4
Richard Thiessens, EVP and Chief Technology Officer of FinWise Bank, reports acquiring 24,000 shares of Finwise Bancorp at $0 and disposing of 29,638 shares on May 28, 2024.
Summary
- On May 28, 2024, Richard Thiessens, an executive at FinWise Bank, acquired 24,000 shares of Finwise Bancorp common stock.
- The acquisition price was $0 per share.
- On the same day, Thiessens disposed of 29,638 shares.
- Following these transactions, Thiessens directly owns 29,638 shares of Finwise Bancorp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock transactions by an executive, and it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of share acquisition and disposal. |
| 05/29/2024 | Date of signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.