First Western Financial, Inc. Announces 2024 Annual Meeting of Shareholders

TL;DR

<b>First Western Financial, Inc. will hold its 2024 Annual Meeting on June 5, 2024, to elect directors and ratify auditor appointments.</b>

AI Summary

First Western Financial Inc (MYFW) filed a Proxy Statement (DEF 14A) with the SEC on April 26, 2024. The 2024 Annual Meeting of Shareholders for First Western Financial, Inc. will be held on June 5, 2024, at 4:00 PM Mountain Time in Denver, Colorado. Shareholders will vote on the election of eleven directors to serve on the Board of Directors until the 2025 annual meeting. The appointment of Crowe LLP as the independent registered public accounting firm for the company will be ratified. The meeting will include a review of the company's 2023 operating results and future plans. Shareholders are encouraged to vote by proxy card, internet, or telephone, or in person at the meeting.

Why It Matters

For investors and stakeholders tracking First Western Financial Inc, this filing contains several important signals. This meeting is a crucial governance event where shareholders directly influence the company's leadership by electing directors. Shareholder participation ensures transparency and accountability in the company's financial reporting and oversight processes.

Risk Assessment

Risk Level: low — First Western Financial Inc shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the director nominees and auditor ratification proposals to make informed voting decisions.

Key Numbers

• 11 — Directors (Number of directors to be elected at the meeting.)
• 2024 — Annual Meeting Year (The year for which the annual meeting is being held.)
• 4:00 PM — Meeting Time (The scheduled start time for the annual meeting.)

Key Players & Entities

• First Western Financial, Inc. (company) — Registrant and filer of the proxy statement.
• Scott C. Wylie (person) — Chairman, Chief Executive Officer, and President of First Western Financial, Inc.
• Crowe LLP (company) — Proposed independent registered public accounting firm.
• June 5, 2024 (date) — Date of the 2024 Annual Meeting of Shareholders.
• 1900 Sixteenth Street, Suite 1200, Denver, Colorado 80202 (location) — Location of First Western's corporate offices and the annual meeting.

FAQ

Risk Factors

• Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC rules and regulations regarding proxy solicitations and annual meetings.
• Shareholder Participation [low — operational]: Ensuring sufficient shareholder participation for quorum and voting on key proposals is essential for the meeting's validity.

Industry Context

First Western Financial, Inc. operates in the commercial banking sector, providing financial services to individuals and businesses.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the proposal to ratify Crowe LLP as the independent auditor.
3. Vote your shares by the deadline to ensure your voice is heard.

Key Dates

• 2024-06-05: 2024 Annual Meeting of Shareholders — Shareholders will elect directors and ratify auditor appointments.
• 2024-04-26: Filing Date — The date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is the initial filing for the 2024 proxy statement, detailing the upcoming annual meeting agenda.

Filing Documents

• myfw_currentxfolioxproxy12.htm (DEF 14A) — 690KB
• image1a.jpg (GRAPHIC) — 93KB
• image2a.jpg (GRAPHIC) — 53KB
• image3a.jpg (GRAPHIC) — 17KB
• image4a.jpg (GRAPHIC) — 19KB
• image5a.jpg (GRAPHIC) — 51KB
• image6a.jpg (GRAPHIC) — 25KB
• image7a.jpg (GRAPHIC) — 76KB
• image8a.jpg (GRAPHIC) — 60KB
• image_0a.jpg (GRAPHIC) — 94KB
• image_2.jpg (GRAPHIC) — 22KB
• image_9a.jpg (GRAPHIC) — 0KB
• imagea.jpg (GRAPHIC) — 36KB
• 0001327607-24-000077.txt (&nbsp;) — 1443KB

From the Filing

DEF 14A 1 myfw_currentxfolioxproxy12.htm DEF 14A Document Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.____) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material under 240.14a-12 First Western Financial, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box) x No fee required o Fee paid previously with preliminary materials o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Table of Contents April 26, 2024 Dear Fellow Shareholder On behalf of our Board of Directors, I invite you to attend the 2024 Annual Meeting of Shareholders to be held at First Western's corporate offices, located at 1900 Sixteenth Street, Suite 1200, Denver, Colorado 80202, on June 5, 2024 at 400 pm, Mountain Time. The purposes of the meeting are set forth in the accompanying Notice of Annual Meeting of Shareholders and Proxy Statement. In addition to these matters, we will review our operating results for 2023 and plans for the year ahead. Whether or not you plan to attend the meeting, it is important that your shares be represented. Please take a moment to complete, date, sign and return the enclosed proxy card as soon as possible, or use Internet or telephone voting according to the instructions on the proxy card. You may also attend and vote in person at the meeting. We appreciate your continued support of our company and look forward to seeing you at the 2024 Annual Meeting. Sincerely, Scott C. Wylie Scott C. Wylie Chairman, Chief Executive Officer, and President of First Western Financial, Inc. Table of Contents 1900 16th Street, Suite 1200 Denver, Colorado 80202 (303) 531-8100 April 26, 2024 NOTICE OF 2024 ANNUAL MEETING OF SHAREHOLDERS To the shareholders of First Western Financial, Inc. The 2024 Annual Meeting of Shareholders (the "annual meeting") of First Western Financial, Inc. (the "Company") will be held on Wednesday, June 5, 2024, at 400 pm, Mountain Time, at First Western's corporate offices, located at 1900 Sixteenth Street, Suite 1200, Denver, Colorado 80202, for the following purposes 1. to elect eleven directors to serve on the Company's Board of Directors until the Company's 2025 annual meeting of shareholders or each until their respective successor or successors are duly elected and qualified or until their earlier resignation or removal 2. to ratify the appointment of Crowe LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2024 3. to conduct an advisory, non-binding vote regarding the compensation paid to the Company's named executive officers (commonly referred to as a Say on Pay vote) 4. to conduct an advisory, non-binding vote regarding a resolution to approve the frequency of future advisory votes on the compensation of the Company's named executive officers and 5. to transact such other business as may properly come before the annual meeting or any adjournment or postponement thereof. Only shareholders of record at the close of business on April 12, 2024, the record date, will be entitled to receive notice of and to vote at the annual meeting. For instructions on voting, please refer to the enclosed proxy card or voting information form. A list of shareholders entitled to vote at the annual meeting will be available for inspection by any shareholder at the principal office of the Company during ordinary business hours for a period of 10 days prior to the annual meeting. This list also will be available to shareholders at the annual meeting. By Order of the Board of Directors, Scott C. Wylie Scott C. Wylie Chairman, Chief Executive Officer, and President of First Western Financial, Inc. Table of Contents Important Notice Regarding the Availability of Proxy Materials for the 2024 Annual Meeting of Shareholders to Be Held on June 5, 2024 Our proxy statement and 2023 Annual Report are available at www.proxyvote.com. Your Vote is Important A proxy card is included. Whether or not you plan to attend the annual meeting, please vote by completing, signing and dating the proxy card and promptly mailing it or via the Internet pursuant to the instructions provided on the enclosed proxy card. You may revoke your proxy card in the manner described in the proxy statement at any time before it is exercised. See "About the Annual Meeting" for more information on how to vote your shares or revoke your proxy. Table of Contents TABLE

View Full Filing

View this DEF 14A filing on SEC EDGAR