Form 4: First Western Financial: Insider Trades Reported
Insider Transaction Report
David R. Weber, Chief Financial Officer of First Western Financial Inc., reported transactions involving company common stock.
Summary
- David R. Weber, Chief Financial Officer of First Western Financial Inc. (MYFW), reported transactions on May 1, 2026, and May 4, 2026.
- On May 1, 2026, 668 shares of common stock were acquired (transaction code A) at a price of $0.
- Also on May 1, 2026, 240 shares of common stock were disposed of (transaction code F) at a price of $28.55.
- On May 4, 2026, an additional 102 shares of common stock were disposed of (transaction code F) at a price of $28.55.
- Following these transactions, Mr. Weber beneficially owns 6,365 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it details both an acquisition of stock units and a disposal of shares, balancing out potential signals.
Positives
- Acquisition of 668 shares of common stock at no cost, indicating a potential stock grant or award.
Negatives
- Disposal of 342 shares of common stock (240 on May 1 and 102 on May 4) at $28.55 per share.
Future Outlook
The filing notes that 668 restricted stock units were acquired, which vest in five substantially equal annual installments beginning on May 1, 2027, subject to continued service.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and trading activities of company executives and directors. These transactions can offer insights into management's confidence in the company's future prospects.
Stakeholder Impact
- Shareholders: The disposal of shares by the CFO could be interpreted in various ways, but the acquisition of restricted stock units suggests continued incentive alignment.
Next Steps
- Vesting of restricted stock units in five substantially equal annual installments beginning on May 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Earliest transaction date reported; acquisition of 668 shares and disposal of 240 shares. |
| 05/04/2026 | Disposal of 102 shares. |
| 05/05/2026 | Date of filing and signature. |
| 05/01/2027 | Beginning of vesting for restricted stock units. |
Keywords
Form 4, Insider Trading, Beneficial Ownership, First Western Financial, MYFW, Stock Transaction, Common Stock, CFO
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