Form 4: Finward Bancorp Executive Vice President Acquires Shares
SEC Form 4
Robert T. Lowry, an Executive Vice President at Finward Bancorp, acquired shares of the company on August 1, 2024.
Summary
- On August 1, 2024, Robert T. Lowry, an Executive Vice President of Finward Bancorp, acquired 62.6866 shares of FNWD at a price of $28.32 per share.
- Following the transaction, Lowry directly owns 9,709 shares.
- Lowry also indirectly owns 13,948 shares through a profit-sharing plan, 720 shares through a spouse, and 2,342 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading, and does not contain any information that would significantly impact sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to insider trading. It indicates that an executive at Finward Bancorp has purchased shares in the company. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The acquisition of shares by an executive may signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of the transaction where Robert T. Lowry acquired shares of Finward Bancorp (FNWD). |
| 08/07/2024 | Date of signature for the Form 4 filing. |
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