Nievaard Lisa Ann 4

What Happened

• Lisa Ann Nievaard, a director of Finwise Bancorp (FINW), received an award/acquisition of 3,179 shares on March 31, 2026. The reported price per share is $15.73 and the total reported value of the grant is $50,006. This transaction is recorded under code "A" (award/grant).

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-04-01 (appears to be filed the next business day).
• Price reported: $15.73 per share; Total value: $50,006.
• Shares received: 3,179.
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnote: the $15.73 price equals the average closing price of FINW common stock for the 15 trading days ending the day before the grant (per filing footnote).
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or cashless sale was reported.

Context

• An "A" coded award typically reflects a grant of stock (e.g., restricted stock or similar) to an insider; the filing does not specify vesting, restrictions, or whether the shares are immediately transferable. Awards are an acquisition rather than a sale and can be interpreted by investors as an insiders' increase in equity exposure, though the filing itself gives no motive or additional detail.