How was the $15.73 value per Finwise Bancorp (FINW) share determined for this grant?

The $15.73 value per share equals the average closing price of Finwise Bancorp common stock over fifteen trading days. Specifically, it uses the average for the fifteen trading days ending the day before the grant date, as described in the filing footnote.

Director at Finwise Bancorp (FINW) awarded 1,589 common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ehrlich Susan reported acquisition or exercise transactions in this Form 4 filing.

Finwise Bancorp director Susan Ehrlich received a stock grant of 1,589 shares of common stock. The grant was reported at a value of $15.73 per share, based on the average closing price over the fifteen trading days ending the day before the grant date. After this compensation-related award, she directly holds 5,910 shares of Finwise Bancorp common stock. The transaction is classified as a grant or award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ehrlich Susan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.001 per share	1,589	$15.73	$25K

Holdings After Transaction: Common Stock, par value $0.001 per share — 5,910 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 1,589 shares Grant valuation price: $15.73 per share Shares held after grant: 5,910 shares

3 metrics

Shares granted 1,589 shares Stock grant to director Susan Ehrlich on March 31, 2026

Grant valuation price $15.73 per share Average closing price over fifteen trading days before grant

Shares held after grant 5,910 shares Total direct holdings following the reported award

Key Terms

Grant, award, or other acquisition, average closing price, Common Stock, par value $0.001 per share

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

average closing price financial

"The price reported ... is equal to the average closing price of the issuer's common stock"

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 04:13 PM

SEC Form 4

FORM 4

UNITED 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^*

Ehrlich Susan

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.001 per share	03/31/2026		A		1,589	A	$15.73⁽¹⁾	5,910	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is equal to the average closing price of the issuer's common stock for the fifteen trading days ending the day before the date of grant.

Remarks:

	/s/ Susan Ehrlich	04/01/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Finwise Bancorp (FINW) director Susan Ehrlich report on this Form 4?

Director Susan Ehrlich reported receiving a grant of 1,589 shares of Finwise Bancorp common stock. The award increased her direct holdings to 5,910 shares and is classified as a grant or other acquisition, not an open-market stock purchase.

How many Finwise Bancorp (FINW) shares were granted to Susan Ehrlich and at what value?

Susan Ehrlich was granted 1,589 shares of Finwise Bancorp common stock. The grant was valued at $15.73 per share, based on the average closing price over fifteen trading days ending the day before the grant date.

Are Susan Ehrlich’s Finwise Bancorp (FINW) transactions open-market buys or compensation grants?

The reported transaction is a compensation-related grant, not an open-market buy. It is coded as a grant, award, or other acquisition, indicating the shares were awarded to her rather than purchased on the open market.

What is Susan Ehrlich’s total Finwise Bancorp (FINW) shareholding after this Form 4 transaction?

Following the 1,589-share grant, Susan Ehrlich directly holds 5,910 shares of Finwise Bancorp common stock. This figure reflects her position after the reported award and shows her ongoing equity stake as a company director.