First Western (NASDAQ: MYFW) CRO gets 862 units, 424 withheld

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

First Western Financial Inc chief revenue officer Matthew C. Cassell reported routine equity compensation activity in the company’s common stock. He received a grant of 862 restricted stock units at a stated price of $0.00 per share, increasing his direct equity-based compensation stake.

The restricted stock units vest in five substantially equal annual installments beginning on May 1, 2027, subject to his continued service. To cover tax obligations, 388 shares on May 1, 2026 and 36 shares on May 4, 2026 were disposed of through tax-withholding transactions at $28.55 per share. After these events, he directly holds 16,240 shares of common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Cassell Matthew C.

Role CHIEF REVENUE OFFICER

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	36	$28.55	$1K
Grant/Award	Common Stock	862	$0.00	--
Tax Withholding	Common Stock	388	$28.55	$11K

Holdings After Transaction: Common Stock — 16,240 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted stock units granted: 862 units Tax-withheld shares: 424 shares Tax-withholding price: $28.55 per share +4 more

7 metrics

Restricted stock units granted 862 units Equity award of common stock units to CRO

Tax-withheld shares 424 shares Shares disposed via tax-withholding at $28.55

Tax-withholding price $28.55 per share Price for F-code tax-withholding dispositions

Shares withheld on May 1, 2026 388 shares Tax-withholding disposition in common stock

Shares withheld on May 4, 2026 36 shares Additional tax-withholding disposition in common stock

Post-transaction holdings 16,240 shares Direct common stock held after reported transactions

Vesting schedule 5 annual installments RSUs vest annually starting May 1, 2027

Key Terms

restricted stock units, tax-withholding disposition, grant, award, or other acquisition

3 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.

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for 388 and 36 common shares"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition" for the 862-share entry"

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 04:11 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^*

Cassell Matthew 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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	05/01/2026		A		862⁽¹⁾	A	$0	16,664	D
Common Stock	05/01/2026		F		388	D	$28.55	16,276	D
Common Stock	05/04/2026		F		36	D	$28.55	16,240	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. Represents restricted stock units that vest in five substantially equal annual installments beginning on May 1, 2027, subject to the continued service of the reporting person.

Remarks:

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

Source: View Original Filing on SEC EDGAR

FAQ

What did MYFW executive Matthew C. Cassell report in this Form 4?

Matthew C. Cassell reported an equity award and related tax withholdings. He received 862 restricted stock units and had 424 common shares withheld at $28.55 per share to satisfy tax obligations related to his compensation in First Western Financial Inc.

How many MYFW restricted stock units were granted to the chief revenue officer?

The chief revenue officer received 862 restricted stock units of First Western Financial Inc common stock. These units are part of his equity compensation and will vest over time, rather than being immediately available as fully unrestricted shares that he can freely sell in the market.

When do Matthew C. Cassell’s MYFW restricted stock units vest?

The restricted stock units vest in five substantially equal annual installments beginning on May 1, 2027. Vesting is conditioned on his continued service with First Western Financial Inc, meaning he must remain employed to receive each future installment of the award.

What were the MYFW tax-withholding transactions disclosed in this filing?

Two tax-withholding dispositions were reported: 388 shares on May 1, 2026 and 36 shares on May 4, 2026, both at $28.55 per share. These are not open-market sales but shares withheld by the issuer to satisfy tax liabilities tied to the equity award.

How many MYFW shares does Matthew C. Cassell hold after these transactions?

Following the reported award and tax-withholding dispositions, Matthew C. Cassell directly holds 16,240 shares of First Western Financial Inc common stock. This figure reflects his direct ownership position after the compensation grant and associated tax-related share withholdings.