First Western Financial (MYFW) director awarded 974 RSUs

Rhea-AI Filing Summary

Duncan David R reported acquisition or exercise transactions in this Form 4 filing.

First Western Financial director David R. Duncan received an equity grant of 974 shares of Common Stock as a compensation award. The grant is in the form of restricted stock units that vest in five substantially equal annual installments beginning on June 3, 2027, contingent on his continued service. Following this award, Duncan directly holds 44,652 shares of the company’s stock. This is a routine director compensation grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Duncan David R

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	974	$0.00	--

Holdings After Transaction: Common Stock — 44,652 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 974 shares Grant price: $0.00 per share Post-grant holdings: 44,652 shares +2 more

5 metrics

RSU grant size 974 shares Restricted stock units awarded to director

Grant price $0.00 per share Equity compensation award, not market purchase

Post-grant holdings 44,652 shares Director’s direct Common Stock holdings after award

Vesting start date June 3, 2027 First of five annual vesting installments

Vesting schedule 5 annual installments Substantially equal installments, subject to continued service

Key Terms

restricted stock units, vest, annual installments, continued service

4 terms

restricted stock units financial

"Represents restricted stock units that vest in five substantially equal annual installments"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vest financial

"restricted stock units that vest in five substantially equal annual installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual installments financial

"vest in five substantially equal annual installments beginning on June 3, 2027"

continued service financial

"beginning on June 3, 2027, subject to the continued service of the reporting person"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Duncan David R

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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	06/03/2026		A		974(1)	A	$0	44,652	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

Explanation of Responses:

1. Represents restricted stock units that vest in five substantially equal annual installments beginning on June 3, 2027, subject to the continued service of the reporting person.

Remarks:

	/s/ Julie A. Courkamp, Attorney-in-Fact	06/05/2026
	** 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)

FAQ

What did First Western Financial (MYFW) director David R. Duncan report in this Form 4?

Director David R. Duncan reported receiving a grant of 974 shares of Common Stock as restricted stock units. These were awarded at no cash cost and represent equity-based compensation rather than an open-market stock purchase.

How many First Western Financial (MYFW) shares does David R. Duncan hold after this grant?

After the reported grant, David R. Duncan directly holds 44,652 shares of First Western Financial Common Stock. This total includes the newly awarded 974 restricted stock units, which will vest over time subject to his continued service.

How do the new restricted stock units for MYFW’s director vest over time?

The 974 restricted stock units granted to David R. Duncan vest in five substantially equal annual installments. Vesting begins on June 3, 2027, and each installment is conditioned on his continued service with First Western Financial during the vesting period.

Did David R. Duncan buy or sell MYFW shares on the open market?

He did not buy or sell shares on the open market. The Form 4 shows a grant acquisition of 974 restricted stock units at a price of $0.00 per share, reflecting an equity compensation award instead of a market transaction.

What does the zero dollar price on the MYFW Form 4 transaction indicate?

The reported price of $0.00 per share indicates the 974 shares were granted as compensation, not purchased. This is typical for restricted stock unit awards, which are issued by the company with vesting conditions rather than bought in the market.