Form 4: Finward Bancorp Executive Vice President Reports Stock Transactions
SEC Form 4 Filing
Robert T. Lowry, an Executive Vice President at Finward Bancorp, reported the acquisition and disposal of company stock on February 5, 2024.
Summary
- On February 5, 2024, Robert T. Lowry, an Executive Vice President of Finward Bancorp, reported transactions involving the company's stock.
- Lowry acquired 70.6894 shares of Finward Bancorp stock at a price of $24.53 per share.
- Lowry also disposed of an unspecified amount of shares.
- Following these transactions, Lowry directly owns 9,575.3787 shares.
- Lowry also has indirect ownership through a profit sharing plan (13,948 shares), a spousal IRA (720 shares), and his own IRA (2,342 shares).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and assess their confidence in the company's prospects.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the actions of a key executive at Finward Bancorp.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 02/05/2024 | Date of stock transactions (acquisition and disposal) by Robert T. Lowry. |
| 05/21/2024 | Date of signature on the report. |
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