Finwise officer reports 348-share tax disposition
Finwise Bancorp officer Juan Carlos Arias reported updated holdings in the company’s common stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Finwise Bancorp officer Juan Carlos Arias reported updated holdings in the company’s common stock. On May 27, 2026, 348 shares of directly held stock were disposed of as a tax-withholding disposition at $14.00 per share, leaving 8,644 shares held directly. In addition, the filing lists indirect holdings of 607 shares held by an IRA, 100 shares held as UTMA custodian for a child, and 380 shares held by an IRA in the name of his wife.
Insider Trade Summary
Exercise Price or Tax Liability: 348 shares
Exercise Price or Tax Liability
4 txns
Insider
Arias Juan Carlos
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 348 | $14.00 | $5K |
| 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 — 8,644 shares (Direct);
Common Stock, par value $0.001 per share — 380 shares (Indirect, By IRA - Wife);
Common Stock, par value $0.001 per share — 100 shares (Indirect, By UTMA custodian for child);
Common Stock, par value $0.001 per share — 607 shares (Indirect, By IRA)
Key Figures
Tax-withholding shares: 348 shares
Tax-withholding price: $14.00 per share
Direct holdings after transaction: 8,644 shares
+3 more
6 metrics
Tax-withholding shares
348 shares
Disposed to cover tax obligations at $14.00 per share on May 27, 2026
Tax-withholding price
$14.00 per share
Price for 348-share tax-withholding disposition
Direct holdings after transaction
8,644 shares
Direct Finwise Bancorp common stock held following tax-withholding disposition
Indirect IRA holdings
607 shares
Finwise Bancorp shares held indirectly by IRA
UTMA custodial holdings
100 shares
Finwise Bancorp shares held indirectly as UTMA custodian for child
Spouse IRA holdings
380 shares
Finwise Bancorp shares held indirectly by IRA in wife’s name
Key Terms
Form 4, tax-withholding disposition, UTMA, IRA
4 terms
Form 4 regulatory
"This Form 4 reflects updated holdings and a tax-withholding disposition."
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.
tax-withholding disposition financial
"The 348-share event is reported as a tax-withholding disposition at $14.00 per share."
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.
UTMA financial
"100 shares are held indirectly as UTMA custodian for a child."
IRA financial
"Indirect holdings include 607 shares by an IRA and 380 shares by an IRA in his wife’s name."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Juan Carlos Arias report for Finwise Bancorp (FINW)?
Juan Carlos Arias reported a tax-withholding disposition of 348 Finwise Bancorp shares at $14.00 per share. This represents shares withheld to cover tax obligations, rather than an open-market sale, as part of his equity compensation activity.
What indirect Finwise Bancorp holdings are reported for Juan Carlos Arias on this Form 4?
The Form 4 lists indirect holdings of 607 shares by an IRA, 100 shares as UTMA custodian for a child, and 380 shares by an IRA in his wife’s name, all in Finwise Bancorp common stock.
Does this Finwise Bancorp Form 4 show any option exercises or derivative transactions?
The filing shows no derivative transactions or option exercises, with derivativeTransactionCount at 0. The only disposition event is the 348-share tax-withholding entry, alongside updates to indirect holding balances.
AI-generated analysis. How Rhea-AI works. Not financial advice.
