---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-014015"
form_type: "8-K"
ticker: "FINW"
cik: "0001856365"
company_name: "Finwise Bancorp"
filed_at: "2023-03-27T23:59:59+00:00"
generated_at: "2026-06-17T15:37:49.870432+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FinWise Bancorp promotes James Noone to President of FinWise Bank; approves new compensation plans

## Summary
- James Noone appointed President, Chief Strategy Officer & Chief Credit Officer of FinWise Bank, effective March 21, 2023.
- Base salary increased to $450,000; target cash bonus set at $400,000 under new Cash Bonus Plan for 2023.
- CFO Javvis Jacobson receives target cash bonus of $90,000 under the same plan.
- LTIP grants consist of 80% restricted stock and 20% stock options, vesting over 3 years based on ROAA.
- Noone's LTIP award valued at $300,000 and Jacobson's at $270,000, assuming $10.00 stock price.

## SEC filing metadata
- accession: 0001140361-23-014015
- form_type: 8-K
- ticker: FINW
- cik: 0001856365
- company_name: Finwise Bancorp
- filed_at: 2023-03-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856365/000114036123014015/0001140361-23-014015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856365/000114036123014015/brhc10050437_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-014015
- JSON: https://secwatch.observer/filing/0001140361-23-014015.json
- Plain text: https://secwatch.observer/filing/0001140361-23-014015.txt

## Key facts
- Executive change
  James Noone was appointed as President, Chief Strategy Officer & Chief Credit Officer at Finwise Bancorp.
  - Action: appointed
  - Role: President, Chief Strategy Officer & Chief Credit Officer
  source text: On March 21, the Board of Directors (the “Board”) of FinWise Bancorp (the “Company”) appointed James Noone as President, Chief Strategy Officer & Chief Credit Officer of FinWise Bank, a wholly owned subsidiary of the Company (the “Bank”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856365/000114036123014015/0001140361-23-014015-index.htm

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