First Western Financial (MYFW) COO exercises 3,000 options, sells stock

Rhea-AI Filing Summary

First Western Financial Inc insider activity: A director and chief operating officer reported exercising stock options for 3,000 shares of common stock at $25.00 per share on 12/10/2025, converting derivative awards into shares.

On the same date, the insider sold 2,933 common shares at $25.82 per share, and after these transactions directly owned 55,816 common shares. The options exercised were granted on December 23, 2015 and vested 20% annually for five years.

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^*

Courkamp Julie A

(Last) (First) (Middle)

1900 16TH STREET, SUITE 1200

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
First Western Financial Inc [ MYFW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/10/2025		M		3,000	A	$25	58,749	D
Common Stock	12/10/2025		S		2,933	D	$25.82	55,816	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option Right to Buy	$25	12/10/2025		M			3,000	(1)	12/23/2025	Common Stock	3,000	$0	0	D

Explanation of Responses:

1. The Stock Options were granted on December 23, 2015 and vested 20% annually for five years.

Remarks:

	/s/ Julie A. Courkamp, Attorney-in-Fact	12/12/2025
	** 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.

FAQ

What insider transaction did First Western Financial (MYFW) report?

A director and chief operating officer of First Western Financial Inc (MYFW) exercised stock options for 3,000 common shares at $25.00 per share on 12/10/2025 and sold 2,933 common shares at $25.82 per share on the same date.

How many First Western Financial (MYFW) shares does the insider own after the transaction?

Following the reported transactions, the insider directly owned 55,816 shares of First Western Financial Inc common stock.

What derivative security was involved in the First Western Financial (MYFW) Form 4?

The filing shows a stock option (right to buy) with an exercise price of $25.00 for 3,000 underlying common shares, which was exercised on 12/10/2025.

When were the stock options in the First Western Financial (MYFW) filing originally granted and how did they vest?

The stock options were granted on December 23, 2015 and vested 20% annually for five years, according to the explanation of responses.

Did the insider retain any stock options in First Western Financial (MYFW) after this transaction?

No. After exercising the 3,000 stock options and converting them into common shares, the filing shows 0 derivative securities remaining beneficially owned.

What roles does the reporting person hold at First Western Financial (MYFW)?

The reporting person is both a director and an officer, serving as chief operating officer of First Western Financial Inc.