Form 4: First Western Financial Inc: Officer Matthew C. Cassell Reports Stock Disposal
SEC Form 4 Filing
Matthew C. Cassell, Chief Banking Officer of First Western Financial Inc, disposed of 1,005 shares of common stock on August 5, 2024, to cover tax obligations.
Summary
- On August 5, 2024, Matthew C. Cassell, the Chief Banking Officer of First Western Financial Inc, disposed of 1,005 shares of common stock.
- The transaction was executed at a price of $16.63 per share.
- This disposal was likely to cover tax obligations related to vesting of stock awards.
- Following the transaction, Cassell directly owns 15,275 shares of First Western Financial Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of stock disposal transaction |
| 08/06/2024 | Date of signature on the Form 4 filing |
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