Form 4: Finward Bancorp Director Carolyn M. Burke Increases Stake in Company
SEC Form 4 Filing
Director Carolyn M. Burke increased her holdings in Finward Bancorp through open market purchases of common stock.
Summary
- Carolyn M. Burke, a director of Finward Bancorp, has reported changes in her beneficial ownership of the company's common stock.
- On February 24, 2025, she acquired 350 shares at a price of $26.50 per share, bringing her total direct holdings to 2,650 shares.
- Following this, on February 27, 2025, she purchased an additional 550 shares at $26.45 per share, increasing her direct ownership to 3,200 shares.
Sentiment
Score: 6
Explanation: Director's stock purchase is generally a positive sign, but the impact is moderate as it's a relatively small transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Director stock purchases are common and closely watched indicators of management sentiment within the financial industry.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Carolyn M. Burke purchased 350 shares of Finward Bancorp at $26.50 per share. |
| 02/27/2025 | Carolyn M. Burke purchased 550 shares of Finward Bancorp at $26.45 per share. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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