secwatch.observer — SEC 8-K summary
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Issuer:     Finwise Bancorp (FINW)
CIK:        0001856365
Form:       8-K
Filed at:   2023-04-24T23:59:59+00:00
Accession:  0001856365-23-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

FinWise Bancorp adopts 2023 executive comp program for CEO Landvatter with target bonus $240K, equity grants
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- Cash bonus plan based on pre-tax net income; target bonus $240K for 2023, range $0 to max.
- LTIP grants: 56,000 restricted stock and option for 28,866 shares at $8.62, vesting over three years on ROAA.
- Plan aligns with previously disclosed employee programs; Compensation Committee may adjust bonus up to 25% for risk.
- No departure or election; program is for Chairman, CEO and President Kent Landvatter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856365/000185636523000004/0001856365-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856365/000185636523000004/finw-20230418.htm
  HTML page:      https://secwatch.observer/filing/0001856365-23-000004

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