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Finwise Bancorp (FINW) officer reports 285-share tax withholding, holds 8,359 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Finwise Bancorp officer Juan Carlos Arias reported a compensation-related share disposition rather than an open-market trade. On May 28, 2026, 285 shares of common stock were withheld at $14.24 per share to satisfy tax obligations, leaving 8,359 shares held directly.

The filing also lists indirect holdings, including 607 shares held by an IRA, 100 shares held as UTMA custodian for a child, and 380 shares held by his wife’s IRA. These entries reflect how his ownership is split across personal and family accounts.

Positive

  • None.

Negative

  • None.
Insider Arias Juan Carlos
Role See Remarks
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.001 per share 285 $14.24 $4K
holding Common Stock, par value $0.001 per share -- -- --
holding Common Stock, par value $0.001 per share -- -- --
holding Common Stock, par value $0.001 per share -- -- --
Holdings After Transaction: Common Stock, par value $0.001 per share — 8,359 shares (Direct, null); Common Stock, par value $0.001 per share — 380 shares (Indirect, By IRA - Wife)
Footnotes (1)
Tax-withholding shares 285 shares Withheld at $14.24 per share on May 28, 2026
Tax-withholding price $14.24 per share Price used for 285-share F-code disposition
Direct holdings after transaction 8,359 shares Common stock held directly after May 28, 2026
Indirect IRA holdings 607 shares Held indirectly by IRA
UTMA custodial holdings 100 shares Held indirectly as UTMA custodian for child
Spouse IRA holdings 380 shares Held indirectly by IRA - Wife
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-code entry"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock, par value $0.001 per share financial
"security_title: "Common Stock, par value $0.001 per share""
IRA financial
"nature_of_ownership entries include "By IRA" and "By IRA - Wife""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
UTMA custodian financial
"nature_of_ownership: "By UTMA custodian for child""
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SEC Form 4
FORM 4UNITED 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*
Arias Juan Carlos

(Last)(First)(Middle)
C/O FINWISE BANK
756 EAST WINCHESTER, SUITE 100

(Street)
MURRAY UTAH 84107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Finwise Bancorp [ FINW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share05/28/2026F285D$14.248,359D
Common Stock, par value $0.001 per share380IBy IRA - Wife
Common Stock, par value $0.001 per share100IBy UTMA custodian for child
Common Stock, par value $0.001 per share607IBy IRA
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Relationship of Reporting Person(s) to Issuer: EVP, Chief Strategy Officer of FinWise Bank, a wholly owned subsidiary of FinWise Bancorp
/s/ Juan C. Arias06/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Juan Carlos Arias report in the latest Finwise Bancorp (FINW) Form 4?

Juan Carlos Arias reported a tax-related share disposition, not a market trade. The Form 4 shows 285 shares of Finwise Bancorp common stock withheld to cover tax obligations, along with updated direct and indirect share holdings across several personal and family accounts.

How many Finwise Bancorp (FINW) shares were withheld for taxes in this Form 4?

The Form 4 shows that 285 shares of Finwise Bancorp common stock were withheld for tax obligations at a price of $14.24 per share. This tax-withholding disposition is coded as an F transaction, which reflects payment of exercise price or tax liability using company stock.

How many Finwise Bancorp (FINW) shares does Juan Carlos Arias hold directly after this filing?

After the tax-withholding transaction, Juan Carlos Arias directly holds 8,359 shares of Finwise Bancorp common stock. This figure reflects his direct ownership following the 285-share tax-withholding disposition reported on May 28, 2026, and is separate from his indirect holdings through family accounts.

What indirect Finwise Bancorp (FINW) holdings are reported for Juan Carlos Arias?

The Form 4 lists several indirect positions: 607 shares held by an IRA, 100 shares held as UTMA custodian for a child, and 380 shares held by his wife’s IRA. These accounts are all reported as indirect ownership interests in Finwise Bancorp common stock.

Does the Form 4 for Finwise Bancorp (FINW) show an open-market sale by Juan Carlos Arias?

No, the filing reports a tax-withholding disposition coded F, not an open-market sale. In this type of transaction, 285 shares were delivered to cover tax obligations or exercise price, while Arias retained 8,359 shares directly plus additional indirect holdings.