First Western (NASDAQ: MYFW) CEO trims stake with 1,083-share sale

Rhea-AI Filing Summary

First Western Financial Inc Chairman, CEO and President Scott C. Wylie reported a small open-market sale of Common Stock. He sold 1,083 shares at $28.52 per share and now directly holds 756,729 shares. The filing also lists 2,000 shares held indirectly through the Wylie Family Foundation, for which he is President and Trustee and disclaims full beneficial ownership beyond his pecuniary interest.

Insights

Equity ownership analyst

CEO’s sale is very small relative to his remaining stake.

Scott C. Wylie, Chairman, CEO and President of First Western Financial Inc, executed an open-market sale of 1,083 Common Stock shares at $28.52. After this transaction he still directly holds 756,729 shares, indicating only a minor reduction in his position.

The filing also notes 2,000 shares held indirectly via the Wylie Family Foundation. Wylie serves as President and Trustee of the foundation and expressly disclaims beneficial ownership of those shares except for any pecuniary interest. Overall, this looks like a routine, small-scale sale rather than a major change in insider ownership.

Insider Trade Summary

Net Seller: 1,083 shares

Net Sell 2 txns

Insider Wylie Scott C

Role CHAIRMAN, CEO AND PRESIDENT

Sold 1,083 shs ($31K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,083	$28.52	$31K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 756,729 shares (Direct); Common Stock — 2,000 shares (Indirect, By Wylie Family Foundation)

Footnotes (1)

1. F1. The reporting person serves as President and Trustee of the Wylie Family Foundation. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Key Figures

Shares sold: 1,083 shares Sale price: $28.52 per share Direct holdings after: 756,729 shares +2 more

5 metrics

Shares sold 1,083 shares Open-market sale of Common Stock on 2026-05-20

Sale price $28.52 per share Price for 1,083 Common Stock shares sold

Direct holdings after 756,729 shares Common Stock directly owned following the sale

Indirect foundation holdings 2,000 shares Common Stock held by Wylie Family Foundation

Net insider share change -1,083 shares Net buy/sell shares across reported transactions

Key Terms

open-market sale, beneficial ownership, pecuniary interest, Section 16

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

beneficial ownership regulatory

"disclaims beneficial ownership of these securities except to the extent"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

Section 16 regulatory

"for purposes of Section 16 of the Securities Exchange Act"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/22/2026 - 04:27 PM Learn about SEC filing dates

FAQ

What insider transaction did MYFW CEO Scott Wylie report?

Scott C. Wylie reported an open-market sale of 1,083 shares of First Western Financial Inc Common Stock at $28.52 per share. This transaction is disclosed as a routine sale and does not involve any derivative securities or option exercises in this filing.

How many MYFW shares does Scott Wylie hold after this sale?

After selling 1,083 shares, Scott C. Wylie directly holds 756,729 shares of First Western Financial Inc Common Stock. The filing also lists 2,000 shares held indirectly through the Wylie Family Foundation, which is reported separately with a beneficial ownership disclaimer.

What role does the Wylie Family Foundation play in MYFW share ownership?

The Wylie Family Foundation holds 2,000 shares of First Western Financial Inc Common Stock. Scott C. Wylie is President and Trustee of the foundation and disclaims beneficial ownership of these shares beyond his pecuniary interest, according to the disclosure footnote in the filing.

Was the MYFW insider transaction a purchase or a sale?

The Form 4 reports a sale of First Western Financial Inc Common Stock. Scott C. Wylie executed an open-market sale of 1,083 shares at $28.52 per share, reducing his directly held stake slightly while maintaining substantial remaining ownership.

Does the MYFW Form 4 involve any derivative securities or options?

No, this Form 4 only reports transactions in Common Stock. There are no listed option exercises, conversions, or other derivative transactions, and the derivative position summary is empty, indicating no derivative activity in this particular filing.

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^*

Wylie Scott C

(Last) (First) (Middle)

1900 16TH STREET, SUITE 1200

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	CHAIRMAN, CEO AND PRESIDENT

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/20/2026		S		1,083	D	$28.52	756,729	D
Common Stock								2,000	I	By Wylie Family Foundation(1)

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

Explanation of Responses:

1. The reporting person serves as President and Trustee of the Wylie Family Foundation. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

	/s/ Julie A. Courkamp, Attorney-in-Fact	05/22/2026
	** 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)