First Western (NASDAQ: MYFW) director receives 974-share restricted stock award

Rhea-AI Filing Summary

First Western Financial Inc director Mitchell Scott C reported an acquisition of 974 shares of common stock in the form of restricted stock units. These units were granted at no cash cost and increase his direct holdings to 5,482 shares.

The restricted stock units vest in five substantially equal annual installments beginning on June 3, 2027, and require his continued service to the company. This is a routine equity compensation award rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mitchell Scott C

Role null

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

Holdings After Transaction: Common Stock — 5,482 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 974 shares Post-transaction holdings: 5,482 shares Grant price: $0.0000 per share +1 more

4 metrics

RSU grant size 974 shares Restricted stock units awarded to director on June 3, 2026

Post-transaction holdings 5,482 shares Total common stock directly owned after award

Grant price $0.0000 per share Equity compensation award, no cash paid by director

Vesting schedule 5 equal annual installments Vesting begins 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 A is described as Grant, award, or other acquisition"

Form 4 regulatory

"The Form 4 reports an equity award of restricted stock units to a director"

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.

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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^*

Mitchell 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
	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	5,482	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 insider transaction did First Western Financial (MYFW) disclose for Mitchell Scott C?

First Western Financial director Mitchell Scott C received 974 restricted stock units as an equity award. The shares were granted at no cash price and represent routine director compensation, not an open-market stock purchase or sale.

How many First Western Financial (MYFW) shares does Mitchell Scott C hold after this Form 4?

After the award, Mitchell Scott C directly owns 5,482 shares of First Western Financial common stock. This total includes the newly granted 974 restricted stock units, which are subject to a multi-year vesting schedule and continued service conditions.

When do the new restricted stock units for MYFW director Mitchell Scott C vest?

The 974 restricted stock units vest in five substantially equal annual installments beginning on June 3, 2027. Each installment requires that Mitchell Scott C continue to serve the company through the applicable vesting date to receive the corresponding shares.

Was the MYFW Form 4 for Mitchell Scott C an open-market stock purchase or sale?

No, the Form 4 for Mitchell Scott C reports a grant of restricted stock units, not an open-market transaction. The 974 units were awarded at a zero dollar price per share as equity compensation, subject to future vesting conditions and continued service.

What does the transaction code "A" mean in the MYFW Form 4 for Mitchell Scott C?

The transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it reflects the award of 974 restricted stock units of First Western Financial common stock to director Mitchell Scott C as part of his compensation package.