Form 4: First Western CFO Reports Stock Vesting and Tax Sale

First Western Financial CFO David Weber reported the vesting of performance stock units and subsequent sale of shares for tax purposes.

Summary

• David R. Weber, Chief Financial Officer of First Western Financial Inc. (MYFW), reported transactions involving the company's common stock.
• On January 5, 2026, 113 shares of common stock were acquired at a price of $0. This acquisition represents the vesting of performance stock units granted on May 3, 2021, after performance conditions were satisfied on January 3, 2026.
• Concurrently, on January 5, 2026, 38 shares of common stock were disposed of at a price of $26.65 per share. This disposition is typically for tax withholding purposes related to the vesting.
• Following these transactions, David R. Weber beneficially owns 6,039 shares of First Western Financial Inc. common stock directly.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions (vesting and tax-related sale) which are neutral in sentiment. It reflects the execution of a pre-existing compensation plan and does not indicate new strategic developments or significant changes in company outlook.

Positives

• The vesting of 113 performance stock units indicates that the company met the performance conditions set when the units were granted on May 3, 2021.
• The transaction was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged and transparent transaction.

Negatives

• A disposition of 38 shares occurred, reducing the direct beneficial ownership by that amount, although this was likely for tax purposes related to the vesting.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This is a routine insider transaction filing (Form 4) for a financial services company. Such filings are common and provide transparency into executive compensation and ownership changes, which are standard practices across the industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding executive stock ownership and compensation, confirming the execution of a pre-arranged equity plan.
• Employees: Reflects standard executive compensation practices, which may be consistent with broader employee incentive programs.

Key Dates

Keywords

First Western Financial, MYFW, David Weber, CFO, Insider Trading, Form 4, Stock Vesting, Performance Stock Units, Equity Compensation, Rule 10b5-1