Were the MYFW share dispositions by the CFO open-market sales?

No, the dispositions were tax-withholding events, not open-market sales. A total of 342 shares were delivered at $28.55 per share to satisfy tax liabilities arising from equity compensation, which is a common, non-discretionary mechanism for covering withholding taxes.

First Western (NASDAQ: MYFW) CFO logs RSU grant and tax withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

First Western Financial Inc Chief Financial Officer David R. Weber reported routine equity compensation and related tax-withholding transactions in common stock. He received a grant of 668 restricted stock units at $0.00 per share, which vest in five substantially equal annual installments beginning on May 1, 2027, subject to continued service.

To cover tax liabilities, 240 shares and 102 shares of common stock were disposed of at $28.55 per share on May 1, 2026 and May 4, 2026, respectively, as tax-withholding dispositions rather than open-market sales. After these transactions, Weber directly owns 6,365 shares of common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Weber David R.

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	102	$28.55	$3K
Grant/Award	Common Stock	668	$0.00	--
Tax Withholding	Common Stock	240	$28.55	$7K

Holdings After Transaction: Common Stock — 6,365 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant: 668 units at $0.00 Tax-withholding shares: 342 shares at $28.55 Shares held after transactions: 6,365 shares +1 more

4 metrics

RSU grant 668 units at $0.00 Restricted stock units granted to CFO

Tax-withholding shares 342 shares at $28.55 Shares delivered to satisfy tax liabilities

Shares held after transactions 6,365 shares Direct common stock ownership by CFO after Form 4 events

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""

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""

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 04:12 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^*

Weber David R.

(Last)

(First)

(Middle)

1900 16TH STREET, SUITE 500

(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 Financial 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		668⁽¹⁾	A	$0	6,707	D
Common Stock	05/01/2026		F		240	D	$28.55	6,467	D
Common Stock	05/04/2026		F		102	D	$28.55	6,365	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 CFO David R. Weber report in this Form 4 filing?

David R. Weber reported an equity compensation grant and related tax-withholding dispositions. He received 668 restricted stock units and had 342 shares of common stock withheld at $28.55 per share to satisfy tax obligations tied to that award.

How many MYFW shares did the CFO receive as an equity award?

The CFO received 668 restricted stock units of First Western Financial common stock at a stated price of $0.00 per share. These units represent a stock-based compensation grant rather than an open-market purchase of shares by the executive.

When do the MYFW restricted stock units granted to the CFO vest?

The 668 restricted stock units vest in five substantially equal annual installments starting May 1, 2027. Vesting is conditioned on the continued service of the reporting person, meaning the CFO generally must remain employed to receive each future installment.

How many MYFW shares does the CFO hold after these transactions?

Following the reported transactions, David R. Weber directly owns 6,365 shares of First Western Financial common stock. This figure reflects his position after both the 668-unit grant and the 342-share tax-withholding dispositions associated with his equity compensation.