Form 4: Finward Bancorp Executive Vice President Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Todd M. Scheub, Executive Vice President of Finward Bancorp, reports acquiring and disposing of company stock on August 1, 2024.
Summary
- On August 1, 2024, Todd M. Scheub, an Executive Vice President at Finward Bancorp, engaged in transactions involving the company's stock.
- Scheub acquired 48.222 shares of Finward Bancorp (FNWD) at a price of $28.32 per share.
- Scheub also disposed of an unspecified amount of shares.
- Following these transactions, Scheub directly owns 7,859 shares and indirectly owns 11,170 shares through a profit-sharing plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
This is a standard SEC Form 4 filing, which is required when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell stock in their own company. It provides transparency into insider transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock acquisition and disposal. |
| 08/07/2024 | Date of signature for the report. |
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