Form 4: Finward Bancorp Executive Vice President Increases Stake Through Dividend Reinvestment

Robert T. Lowry, Executive Vice President of Finward Bancorp, increased his holdings of common stock through a dividend reinvestment plan.

Summary

• On February 3, 2024, Robert T. Lowry, Executive Vice President of Finward Bancorp, acquired 66.2147 shares of common stock at a price of $27.02 per share.
• This acquisition was made through a dividend reinvestment.
• Following the transaction, Lowry directly owns 11,060.7252 shares of common stock.
• Lowry also indirectly owns 2,478 shares through an IRA, 14,977.9123 shares through a profit-sharing plan, and 755 shares through a spouse's account.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects an executive increasing their stake in the company, which is generally seen as a positive sign. There are no indications of negative news or concerns.

Positives

• The increased stake demonstrates the executive's confidence in the company.

Industry Context

This type of transaction is common for executives who wish to increase their ownership in the company and benefit from dividend payouts.

Stakeholder Impact

• The increased stake may be viewed positively by shareholders as it signals confidence from a company executive.

Key Dates

Keywords

Finward Bancorp, Robert T. Lowry, dividend reinvestment, common stock, beneficial ownership, Form 4, FNWD