Form 4: Finward Bancorp CFO Benjamin Louis Schmitt Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Finward Bancorp's CFO, Benjamin Louis Schmitt, reports acquiring and disposing of company shares on March 11, 2024.
Summary
- On March 11, 2024, Benjamin Louis Schmitt, the Chief Financial Officer of Finward Bancorp, engaged in transactions involving the company's stock.
- Schmitt acquired 2,458 shares of Finward Bancorp at a price of $23.9 per share.
- Simultaneously, Schmitt disposed of 2,458 shares.
- Following these transactions, Schmitt still beneficially owns 2,458 shares of Finward Bancorp.
Sentiment
Score: 5
Explanation: This is a routine filing related to insider trading activity. It doesn't inherently indicate positive or negative sentiment, but rather reflects required transparency.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of share acquisition and disposal by Benjamin Louis Schmitt |
| 03/22/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.