Form 4: Finward Bancorp Executive Vice President Reports Stock Transaction
SEC Form 4 Filing
Todd M. Scheub, Executive Vice President of Finward Bancorp, reports a transaction involving the company's stock.
Summary
- On May 6, 2024, Todd M. Scheub, an Executive Vice President at Finward Bancorp, engaged in a transaction involving Finward Bancorp stock (FNWD).
- Scheub acquired 54.7251 shares at a price of $54.7251 per share.
- Following the reported transaction, Scheub directly owns 8,120.4809 shares and indirectly owns 11,170 shares through a profit-sharing plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by an executive, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company executive.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock transaction |
| 05/21/2024 | Date of Form 4 filing |
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