[Form 4] First Foundation Inc. Insider Trading Activity

Rhea-AI Filing Summary

First Foundation Inc. (FFWM) insider filed a Form 4 reporting a tax-withholding transaction. On 10/23/2025, officer John Hakopian (President, FFA) delivered 12,746 shares of common stock at $5.45 per share under code F to satisfy tax liability related to equity compensation.

The filing notes this occurred in connection with the vesting of 52,349 restricted stock units on the same date. Following the transaction, Hakopian reported 83,309 shares held directly and 620,842 shares held indirectly through a Family Trust.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HAKOPIAN JOHN

(Last) (First) (Middle)

5221 NORTH O'CONNOR BOULEVARD

STE 1375

(Street)

IRVING TX 75039

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
First Foundation Inc. [ FFWM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, FFA

3. Date of Earliest Transaction (Month/Day/Year)
10/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/23/2025		F		12,746	D	$5.45	83,309(1)	D
Common Stock								620,842	I	Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This reported transaction involved the payment of tax liability by delivering shares in connection with the vesting of 52,349 restricted stock units of the Company on October 23, 2025.

	/s/ John Hakopian	10/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did FFWM disclose in this Form 4 filing?

An officer reported a code F transaction delivering 12,746 shares at $5.45 to pay taxes tied to equity vesting.

What event triggered the share delivery for FFWM's insider?

The vesting of 52,349 restricted stock units on 10/23/2025.

How many FFWM shares does the insider own after the transaction?

Direct ownership is 83,309 shares; indirect ownership via a Family Trust is 620,842 shares.

What was the price used for the tax-withholding shares?

The shares were delivered at $5.45 per share.

Who is the reporting person in FFWM’s Form 4?

Officer John Hakopian, with the title President, FFA.

What does transaction code F indicate for FFWM’s Form 4?

Code F indicates shares were withheld or delivered to cover tax liability on an equity award.