Finwise Bancorp (FINW) CTO awarded 17,389 common shares in equity grant
Rhea-AI Filing Summary
Thiessens Richard reported acquisition or exercise transactions in this Form 4 filing.
On 2026-07-28, Finwise Bancorp reported that EVP and Chief Technology Officer Richard Thiessens received a grant of 17,389 shares of common stock at $13.96 per share. Following this award, he directly owns 68,174 shares of Finwise Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,389 shares
Net Buy
1 txn
Insider
Thiessens Richard
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 17,389 | $13.96 | $243K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 68,174 shares (Direct)
Key Figures
Shares acquired in grant: 17,389 shares
Grant value per share: $13.96 per share
Shares owned after transaction: 68,174 shares
+1 more
4 metrics
Shares acquired in grant
17,389 shares
Non-derivative equity grant on 2026-07-28
Grant value per share
$13.96 per share
Common Stock, par value $0.001 per share
Shares owned after transaction
68,174 shares
Direct ownership following the grant on 2026-07-28
Reported equity grant transactions
1 transaction
Single non-derivative grant/award acquisition reported
Key Terms
Common Stock, par value $0.001 per share, Grant, award, or other acquisition, wholly owned subsidiary
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
wholly owned subsidiary financial
"FinWise Bank, a wholly owned subsidiary of FinWise Bancorp"
A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Richard Thiessens report at Finwise Bancorp (FINW)?
Richard Thiessens reported acquiring 17,389 shares of Finwise Bancorp common stock as a grant or award. This non-derivative acquisition increased his direct ownership position and reflects compensation tied to the company’s equity rather than an open-market purchase or sale.
When did the FINW insider grant to Richard Thiessens occur and at what price?
The insider grant to Richard Thiessens occurred on 2026-07-28 at a value of $13.96 per share. The award involved common stock of Finwise Bancorp and was reported as a non-derivative grant, not as an open-market transaction or derivative exercise.
Is the FINW insider grant to Richard Thiessens part of a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox associated with this insider transaction is not marked, indicating the 17,389-share acquisition was not executed under a pre-arranged trading plan but instead recorded as a direct equity grant to the executive.
What position does Richard Thiessens hold relative to Finwise Bancorp (FINW)?
Richard Thiessens serves as EVP and Chief Technology Officer of FinWise Bank, which is a wholly owned subsidiary of Finwise Bancorp. His reported equity grant in Finwise Bancorp stock links his compensation to the broader parent banking organization’s performance.