Finwise Bancorp (FINW) CFO uses 3,918 shares to cover tax obligations
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Tax-withholding shares: 3,918 shares
Price per share: $14.00 per share
Post-transaction holdings: 57,153 shares
+2 more
5 metrics
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
Key Terms
tax-withholding disposition, Common Stock, par value $0.001 per share, transaction code "F"
3 terms
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.
transaction code "F" regulatory
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
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.
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.