---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-023845"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2022-06-22T23:59:59+00:00"
generated_at: "2026-06-25T00:06:25.487287+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FinWise Bancorp Chief Strategy Officer David Tilis departs; consulting deal valued up to $2.7M

## Summary
- David Tilis's employment agreement expired June 15, 2022; employment ended June 16, 2022.
- One-year consulting agreement: $300k/month for first six months, $150k/month for final six months (total $2.7M).
- Consultant to advise successor, maintain customer relationships, and identify potential customers.
- Non-solicitation of Bank employees for 12 months and certain customers for 18 months; mutual release included.
- Life insurance policy covering all amounts payable provided at Bank's expense.

## SEC filing metadata
- accession: 0001140361-22-023845
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2022-06-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856365/000114036122023845/0001140361-22-023845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000114036122023845/brhc10039007_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-023845
- JSON: https://secwatch.observer/filing/0001140361-22-023845.json
- Plain text: https://secwatch.observer/filing/0001140361-22-023845.txt

## Key facts
- Executive change
  David Tilis was terminated as Chief Strategy Officer and Senior Vice President at Finwise Bancorp.
  - Action: terminated
  - Role: Chief Strategy Officer and Senior Vice President
  source text: On June 15, 2022, the employment agreement, dated January 1, 2018, by and among FinWise Bancorp (the “Company”), FinWise Bank, a wholly-owned subsidiary of the Company (the “Bank”), and David Tilis, who was a named executive officer of the Company and served as the Chief Strategy Officer and Senior Vice President of the Bank, as amended (the “Employment Agreement”), expired in accordance with its terms and was not renewed. In this connection, Mr. Tilis’ employment was terminated on June 16, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856365/000114036122023845/0001140361-22-023845-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.