STOCK TITAN

Finwise Bancorp (FINW) CFO has shares withheld to cover tax liability

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

Rhea-AI Filing Summary

Finwise Bancorp EVP and CFO Robert E. Wahlman reported a small, routine tax-related share disposition. On May 28, 2026, 3,067 shares of common stock were delivered at $14.24 per share to satisfy a tax liability, classified as a tax-withholding disposition rather than an open-market sale. Following this transaction, Wahlman directly holds 54,086 shares of Finwise Bancorp common stock.

Positive

  • None.

Negative

  • None.
Insider Wahlman Robert E.
Role EVP, Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.001 per share 3,067 $14.24 $44K
Holdings After Transaction: Common Stock, par value $0.001 per share — 54,086 shares (Direct, null)
Footnotes (1)
Tax-withheld shares 3,067 shares Delivered on May 28, 2026 to satisfy tax liability
Price per share $14.24 per share Value used for 3,067-share tax-withholding disposition
Shares held after transaction 54,086 shares Direct ownership by CFO after tax-withholding disposition
tax-withholding disposition financial
"transaction_action":"tax-withholding disposition""
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description":"Payment of exercise price or tax liability by delivering securities""
Common Stock, par value $0.001 per share financial
"security_title":"Common Stock, par value $0.001 per share""
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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*
Wahlman Robert E.

(Last)(First)(Middle)
C/O FINWISE BANCORP
756 EAST WINCHESTER ST, 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)
EVP, Chief Financial Officer
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 share05/28/2026F3,067D$14.2454,086D
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:
/s/ Robert E. Wahlman06/01/2026
** 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 insider transaction did Finwise Bancorp (FINW) report for CFO Robert Wahlman?

Finwise Bancorp reported that CFO Robert Wahlman had 3,067 common shares withheld to cover a tax liability. The transaction was recorded as a tax-withholding disposition, not an open-market trade, and reflects a routine administrative action on existing equity compensation.

How many Finwise Bancorp (FINW) shares were involved in the CFO’s Form 4 filing?

The Form 4 shows 3,067 shares of Finwise Bancorp common stock were delivered at $14.24 per share. These shares were used to satisfy a tax obligation, rather than being bought or sold on the open market by the CFO.

Did the Finwise Bancorp (FINW) CFO sell shares on the open market in this Form 4?

No, the transaction is classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover a tax liability, consistent with equity compensation administration, rather than reflecting a discretionary buy or sell decision in the market.

How many Finwise Bancorp (FINW) shares does CFO Robert Wahlman hold after the transaction?

After the tax-withholding disposition, CFO Robert Wahlman directly holds 54,086 shares of Finwise Bancorp common stock. This figure reflects his remaining direct ownership reported in the Form 4 following the 3,067-share tax-related transfer.

What does a tax-withholding disposition mean in the Finwise Bancorp (FINW) Form 4?

A tax-withholding disposition means shares are delivered to satisfy tax obligations tied to equity awards. In this case, 3,067 Finwise Bancorp shares were used for taxes, so the event is administrative in nature, not an open-market purchase or sale by the executive.