Form 4: First Western Financial Inc. Executive Lawley Scott J Reports Stock Disposal
SEC Form 4 Filing
Chief Credit Officer Lawley Scott J disposed of 80 shares of First Western Financial Inc. common stock on May 3, 2024, to cover tax obligations.
Summary
- On May 3, 2024, Lawley Scott J, Chief Credit Officer of First Western Financial Inc., disposed of 80 shares of common stock.
- The transaction was executed at a price of $17.45 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Lawley Scott J directly owns 12,805 shares of First Western Financial Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This particular filing indicates a small disposal of shares by an executive, which is not uncommon for covering tax liabilities.
Stakeholder Impact
- The disposal of a small number of shares by an executive is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock disposal transaction |
| 05/07/2024 | Date of signature on the Form 4 filing |
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