Finwise Bancorp (FINW) director awarded 3,179 common shares at $15.73
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nievaard Lisa Ann reported acquisition or exercise transactions in this Form 4 filing.
Finwise Bancorp director Lisa Ann Nievaard received an equity grant of 3,179 shares of common stock. The shares were awarded on March 31, 2026 at a reported price of $15.73 per share, which reflects the average closing price over the fifteen trading days before the grant date. Following this award, she directly holds 18,987 shares of Finwise Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nievaard Lisa Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 3,179 | $15.73 | $50K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 18,987 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 3,179 shares
Grant price: $15.73 per share
Shares held after grant: 18,987 shares
+1 more
4 metrics
Shares granted
3,179 shares
Equity award on March 31, 2026
Grant price
$15.73 per share
Average closing price over 15 trading days before grant
Shares held after grant
18,987 shares
Total direct holdings following the transaction
Trading days in pricing formula
15 trading days
Period used to calculate average closing price for grant
Key Terms
Grant, award, or other acquisition, average closing price, Common Stock, par value $0.001 per share, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
average closing price financial
"equal to the average closing price of the issuer's common stock"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Finwise Bancorp (FINW) report for Lisa Ann Nievaard?
Finwise Bancorp reported that director Lisa Ann Nievaard received a grant of 3,179 shares of common stock. This was characterized as a grant, award, or other acquisition rather than an open-market purchase or sale, increasing her direct holdings in the company.
Was Lisa Ann Nievaard’s FINW transaction a purchase or an equity award grant?
The transaction was reported as a grant, award, or other acquisition, not an open-market purchase. It involved 3,179 shares of Finwise Bancorp common stock granted on March 31, 2026, with the price based on a fifteen-day average closing price formula.