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BCS

Beneficial Ownership Report · SCHEDULE 13G/A

First Western Financial, Inc.

MYFWNASDAQEQUITYCurrent

Beneficial Ownership Report

Filed Feb 17, 2026Accepted Feb 17, 2026, 2:00 PM ESTFiling CIK 1327607Accession 0001214659-26-001904
Share

Structured filing — SCHEDULE 13G/A

primary_doc.xml

Open full document ↗

Amendment · This filing reports the amendment as submitted.

Subject company

Company
First Western Financial, Inc.
Company CIK
0001327607
Street
1900 SIXTEENTH ST, #1200
City
DENVER
State / country code
CO
Postal code
80202

Statement details

Amendment number
1
Security class
Common Stock, no par value
Event date
12/31/2025
Rule designation
Rule 13d-1(b)

Reporting person 1

Name
North Reef Capital Management LP
Citizenship / organization
DE
Reporting person type
IA · PN
Aggregate amount owned
685,944.00
Percent of class
7.06
Sole voting power
0.00
Shared voting power
685,954.00
Sole dispositive power
0.00
Shared dispositive power
685,954.00
Aggregate excludes certain shares
N

Reporting person 2

Name
North Reef Capital Management GP LLC
Citizenship / organization
DE
Reporting person type
OO
Aggregate amount owned
685,954.00
Percent of class
7.06
Sole voting power
0.00
Shared voting power
685,954.00
Sole dispositive power
0.00
Shared dispositive power
685,954.00
Aggregate excludes certain shares
N
Comments
Limited Liability Company

Reporting person 3

Name
James H. Hanna, III
Citizenship / organization
CA
Reporting person type
IN
Aggregate amount owned
685,954.00
Percent of class
7.06
Sole voting power
0.00
Shared voting power
685,954.00
Sole dispositive power
0.00
Shared dispositive power
685,954.00
Aggregate excludes certain shares
N

Item 1

Issuer

First Western Financial, Inc.

Principal executive office address

1900 16th Street, Suite 1200, Denver, CO 80202

Item 2

Citizenship

North Reef Capital Management LP - Delaware North Reef Capital Management GP LLC - Delaware James Hanna, III - California

Filing person

North Reef Capital Management LP North Reef Capital Management GP LLC James Hanna, III

Principal business or residence address

c/o North Reef Capital Management LP 1833 South Coast Highway Suite 210 Laguna Beach, California 92651

Item 3

Not applicable indication

N

Type of filing person

IA · HC

Item 4

Percent of class

7.06%

Amount beneficially owned

685,954

Sole voting power

0

Shared voting power

685,954

Sole dispositive power

0

Shared dispositive power

685,954

Item 5

Not applicable indication

Y

Item 6

Not applicable indication

Y

Item 7

Not applicable indication

Y

Item 8

Not applicable indication

Y

Item 9

Not applicable indication

Y

Item 10

Not applicable indication

N

Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Exhibits

EXHIBIT 99.1 - JOINT FILING AGREEMENT

Signature 1

Reporting person
North Reef Capital Management LP
Signed
/s/ Daniel M. Locasto
Title
Chief Compliance Officer
Date
02/17/2026

Signature 2

Reporting person
North Reef Capital Management GP LLC
Signed
/s/ James H. Hanna, III
Title
Managing Member
Date
02/17/2026

Signature 3

Reporting person
James H. Hanna, III
Signed
/s/ James H. Hanna, III
Title
James H. Hanna, III
Date
02/17/2026

Filed exhibits

Company context

Current securities

Recent company filings

  1. Regulation FD DisclosureNov 3, 2026
  2. 10-Q filingOct 30, 2026
  3. Results of Operations and Financial Condition · Regulation FD DisclosureOct 22, 2026
  4. 10-Q filingJul 31, 2026
  5. Regulation FD DisclosureJul 24, 2026

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