Form 4: Finward Bancorp Executive Acquires Shares Through Dividend Reinvestment Plan
SEC Form 4
Robert T. Lowry, an Executive Vice President at Finward Bancorp, increased his holdings through a dividend reinvestment plan.
Summary
- On May 12, 2025, Robert T. Lowry, an Executive Vice President of Finward Bancorp, acquired 58.8967 shares of common stock through a dividend reinvestment plan at a price of $30.52 per share.
- Following the transaction, Lowry directly owns 10,846.7252 shares of common stock.
- Lowry also indirectly owns 2,478 shares through an IRA, 15,036.8089 shares through a profit-sharing plan, and 755 shares through a spouse.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The transaction reflects an executive's continued investment in the company through a standard dividend reinvestment plan, suggesting confidence.
Positives
- Executive's participation in the dividend reinvestment plan demonstrates confidence in the company.
Industry Context
Dividend reinvestment plans are a common way for employees and executives to increase their stake in a company, aligning their interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the transaction: Robert T. Lowry acquired shares through the Dividend Reinvestment Plan. |
| 05/15/2025 | Date of signature on the report. |
Keywords
Finward Bancorp, Dividend Reinvestment Plan, Robert T. Lowry, Executive Vice President, Beneficial Ownership, Form 4, FNWD, Shares
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