First Western Financial (MYFW) director granted 974 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robinson Ellen S. reported acquisition or exercise transactions in this Form 4 filing.
First Western Financial Inc director Ellen S. Robinson received a grant of 974 shares of common stock in the form of restricted stock units. The award was granted at no cash cost and increases her direct holdings to 2,907 shares. These restricted stock units vest in five substantially equal annual installments beginning on June 3, 2027, conditioned on her continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Ellen S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 974 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,907 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 974 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 2,907 shares
+1 more
4 metrics
Restricted stock units granted
974 shares
Grant to director Ellen S. Robinson on June 3, 2026
Grant price per share
$0.0000 per share
Reported value for RSU grant
Shares owned after grant
2,907 shares
Total direct holdings following the transaction
Vesting schedule
5 equal annual installments
RSUs vest starting June 3, 2027, subject to continued service
Key Terms
restricted stock units, vest, grant, award, or other acquisition, Form 4
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"reported on the Form 4 insider trading report filed with regulators"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did First Western Financial (MYFW) disclose?
First Western Financial disclosed that director Ellen S. Robinson received a grant of 974 restricted stock units. The award was reported as a non-cash acquisition of common stock that increases her direct holdings and forms part of her equity-based compensation.
How do Ellen S. Robinson’s MYFW restricted stock units vest?
The restricted stock units granted to Ellen S. Robinson vest in five substantially equal annual installments. Vesting begins on June 3, 2027, and is subject to her continued service with First Western Financial, aligning her long-term incentives with the company’s performance.
Is the MYFW insider transaction a market purchase or sale?
The MYFW insider transaction is not a market purchase or sale. It is a grant of 974 restricted stock units to director Ellen S. Robinson as compensation, reported under transaction code “A” for grant, award, or other acquisition on the Form 4.