Form 4: First Western Financial Inc: Officer Reports Stock Transactions
SEC Form 4 Filing
Jesica J. Montgomery, Principal Accounting Officer of First Western Financial Inc, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On May 1, 2024, Jesica J. Montgomery, Principal Accounting Officer of First Western Financial Inc, acquired 615 shares of common stock at $0.
- On the same day, Montgomery disposed of 89 shares of common stock at $16.95.
- On May 2, 2024, Montgomery disposed of 71 shares of common stock at $17.39.
- Following these transactions, Montgomery directly owns 3,233 shares of common stock.
- The report also mentions restricted stock units that vest in five substantially equal annual installments beginning on May 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The restricted stock units vest in five substantially equal annual installments beginning on May 1, 2025, subject to continued service.
Industry Context
This filing is a routine disclosure of stock transactions by a company officer, as required by the SEC. It provides transparency to investors regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Acquisition of 615 shares of common stock and disposal of 89 shares of common stock. |
| 05/02/2024 | Disposal of 71 shares of common stock. |
| 05/01/2025 | First vesting date for restricted stock units in five substantially equal annual installments. |
| 05/03/2024 | Date of signature by Attorney-in-Fact. |
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