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Finwise Bancorp (FINW) CFO uses 3,918 shares to cover tax obligations

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

Rhea-AI Filing Summary

Finwise Bancorp EVP and CFO Robert E. Wahlman reported a tax-withholding disposition of 3,918 shares of common stock at $14.00 per share. These shares were used to satisfy tax obligations rather than sold in the open market. Following this transaction, he directly holds 57,153 shares of Finwise Bancorp common stock.

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Insider Wahlman Robert E.
Role EVP, Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.001 per share 3,918 $14.00 $55K
Holdings After Transaction: Common Stock, par value $0.001 per share — 57,153 shares (Direct, null)
Footnotes (1)
Tax-withholding shares 3,918 shares Shares disposed to cover tax liability, code F
Price per share $14.00 per share Value used for tax-withholding disposition
Post-transaction holdings 57,153 shares Common stock directly held after transaction
Transaction date 2026-05-27 Date of tax-withholding disposition
Transaction code F Payment of tax liability by delivering securities
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 3,918 shares at $14.00"
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.
Common Stock, par value $0.001 per share financial
"security_title: "Common Stock, par value $0.001 per share""
transaction code "F" regulatory
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
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)
05/27/2026
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 share05/27/2026F3,918D$1457,153D
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. Wahlman05/28/2026
** 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 EVP and CFO Robert E. Wahlman had 3,918 common shares disposed of to cover tax obligations at $14.00 per share. This was a tax-withholding event, not an open-market sale, and reflects routine compensation-related activity.

Was the Finwise Bancorp (FINW) CFO’s Form 4 transaction an open-market sale?

No, the transaction was coded “F,” indicating shares were used to pay tax liability, not sold on the open market. The 3,918 shares were withheld at $14.00 per share as part of a compensation-related tax-withholding event.

How many Finwise Bancorp (FINW) shares does the CFO hold after this Form 4?

After the tax-withholding disposition, EVP and CFO Robert E. Wahlman directly holds 57,153 shares of Finwise Bancorp common stock. This post-transaction balance shows he retains a significant equity position following the 3,918-share tax-withholding event.

What price per share was used for the Finwise Bancorp (FINW) tax-withholding transaction?

The tax-withholding disposition was reported at $14.00 per share for 3,918 Finwise Bancorp common shares. This value is typically used for calculating the tax obligation tied to equity compensation rather than reflecting an open-market trade.

What does transaction code “F” mean in the Finwise Bancorp (FINW) CFO filing?

Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 3,918 Finwise Bancorp common shares were disposed of to satisfy tax obligations, classifying it as compensation-related, not a discretionary stock sale.