secwatch.observer — SEC 8-K summary
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Issuer:     Finwise Bancorp (FINW)
CIK:        0001856365
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001856365-25-000011
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FinWise Bancorp amends bylaws to supermajority vote; stock plans restrict option repricing
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- Bylaw amendment replaces 66⅔% supermajority shareholder vote with majority vote for bylaw changes, effective April 16, 2025.
- 2016 and 2019 Stock Plans amended to prohibit Administrator from reducing option exercise price without stockholder approval.
- Both amendments approved by Board on April 16, 2025 and described in filed exhibits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856365/000185636525000011/0001856365-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856365/000185636525000011/finw-20250416.htm
  HTML page:      https://secwatch.observer/filing/0001856365-25-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer