Form 4: Finward Bancorp Executive Vice President Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Todd M. Scheub reports the disposition and acquisition of Finward Bancorp common stock.
Summary
- On February 11, 2025, Todd M. Scheub, Executive Vice President of Finward Bancorp, disposed of 427 shares of common stock at a price of $26.38 per share.
- On February 14, 2025, Scheub acquired 257 shares of common stock at a price of $26.65 per share.
- Following these transactions, Scheub directly owns 6,924 shares of common stock and indirectly owns 11,521.8434 shares through a profit-sharing plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice and doesn't necessarily indicate a broader trend within the banking industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Disposition of 427 shares of common stock at $26.38 per share. |
| 02/14/2025 | Acquisition of 257 shares of common stock at $26.65 per share. |
| 02/28/2025 | Date of signature for the report. |
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