First Foundation (FFWM) president uses 2,579 shares for tax liability

Rhea-AI Filing Summary

First Foundation Inc. president and director Simone Lagomarsino reported a tax-withholding share disposition related to equity compensation. On February 18, 2026, 2,579 shares of common stock were delivered at $6.24 per share to cover tax liability tied to the vesting of 6,265 restricted stock units. After this non-open-market transaction, she directly held 50,002 common shares, and an additional 121,951 shares were held indirectly through a trust.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LAGOMARSINO SIMONE

Role President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,579	$6.24	$16K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 50,002 shares (Direct); Common Stock — 121,951 shares (Indirect, Trust)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

LAGOMARSINO SIMONE

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		F		2,579	D	$6.24	50,002(1)	D
Common Stock								121,951	I	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 6,265 restricted stock units of the Company on February 18, 2026.

	/s/ Simone Lagomarsino	02/20/2026
	** 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 First Foundation (FFWM) president Simone Lagomarsino report on this Form 4?

Simone Lagomarsino reported delivering 2,579 shares of First Foundation common stock to satisfy tax liability. The disposition occurred on February 18, 2026 at $6.24 per share in connection with the vesting of 6,265 restricted stock units.

Was the First Foundation (FFWM) Form 4 transaction an open-market sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered to pay tax liability arising from the vesting of 6,265 restricted stock units on February 18, 2026, at a value of $6.24 per share.

How many First Foundation (FFWM) shares does Simone Lagomarsino hold after the reported transaction?

After the transaction, Simone Lagomarsino directly held 50,002 First Foundation common shares. The filing also reports 121,951 additional shares held indirectly through a trust, reflecting her overall reported ownership following the tax-withholding disposition.

What equity award triggered the tax-withholding disposition at First Foundation (FFWM)?

The disposition was triggered by the vesting of 6,265 restricted stock units of First Foundation on February 18, 2026. To cover related tax liability, 2,579 common shares were delivered instead of cash, as disclosed in the Form 4 footnote.

What was the share price used for the tax-withholding on First Foundation (FFWM) stock?

The Form 4 reports a price of $6.24 per share for the 2,579 First Foundation common shares delivered to satisfy tax liability. This value is tied specifically to the February 18, 2026 vesting-related tax-withholding transaction.