Finwise Bancorp (FINW) officer reports 285-share tax withholding, holds 8,359 shares
Filing Impact
Filing Sentiment
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 Trade Summary
4 transactions reported
Mixed
4 txns
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)
Key Figures
Tax-withholding shares: 285 shares
Tax-withholding price: $14.24 per share
Direct holdings after transaction: 8,359 shares
+3 more
6 metrics
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
Key Terms
tax-withholding disposition, Common Stock, par value $0.001 per share, IRA, UTMA custodian
4 terms
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.
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""
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.
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.