Finwise Bancorp (NASDAQ: FINW) awards 19,072 shares to fintech chief
Rhea-AI Filing Summary
Grotta Sarah Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
Finwise Bancorp executive Sarah Elizabeth Grotta, EVP and Chief Fintech Officer of FinWise Bank, received a grant of 19,072 shares of common stock on 2026-07-28 at $13.96 per share. After this award, she directly holds 28,764 shares of Finwise Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19,072 shares
Net Buy
1 txn
Insider
Grotta Sarah Elizabeth
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 19,072 | $13.96 | $266K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 28,764 shares (Direct)
Key Figures
Shares granted: 19,072 shares
Grant price: $13.96 per share
Post-transaction holdings: 28,764 shares
3 metrics
Shares granted
19,072 shares
Grant of common stock to EVP and Chief Fintech Officer on 2026-07-28
Grant price
$13.96 per share
Per-share value for the 19,072-share common stock award on 2026-07-28
Post-transaction holdings
28,764 shares
Total direct Finwise Bancorp common shares held by Grotta after the award
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 Sarah Elizabeth Grotta report for FINW?
Sarah Elizabeth Grotta reported a grant of 19,072 shares of Finwise Bancorp common stock on 2026-07-28. The award was recorded at $13.96 per share and reflects a compensation-related acquisition rather than an open-market purchase.
At what price was the FINW stock award granted to Sarah Elizabeth Grotta?
The 19,072-share award to Sarah Elizabeth Grotta was valued at $13.96 per share. This price is listed as the per-share value for the common stock grant reported on 2026-07-28, reflecting the transaction’s reference price.
Was Sarah Elizabeth Grotta’s FINW transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, so the reported transaction is not designated as executed under a Rule 10b5-1 trading plan. It is instead reported as a direct grant or award of common stock.
What is Sarah Elizabeth Grotta’s role at Finwise Bancorp (FINW)?
Sarah Elizabeth Grotta serves as EVP and Chief Fintech Officer of FinWise Bank, which is a wholly owned subsidiary of Finwise Bancorp. Her position is disclosed in the remarks associated with this insider stock award filing.