Form 4: Finward Bancorp Executive Vice President Robert T. Lowry Reports Dividend Reinvestment
SEC Form 4
Robert T. Lowry, Executive Vice President of Finward Bancorp, reports the acquisition of additional shares through dividend reinvestment.
Summary
- On October 31, 2024, Robert T. Lowry, Executive Vice President of Finward Bancorp, acquired 56.9875 shares of common stock at a price of $31.28 per share through dividend reinvestment.
- Following this transaction, Lowry directly owns 11,060.7252 shares of common stock.
- Lowry also indirectly owns 2,478 shares through an IRA, 14,911.6975 shares through a Profit Sharing plan, and 755 shares through a spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The executive's participation in the dividend reinvestment plan could be seen as a slightly positive signal.
Positives
- The executive's participation in the dividend reinvestment program demonstrates confidence in the company's future.
Industry Context
Dividend reinvestment plans are common for public companies, allowing shareholders to increase their stake in the company using dividends.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from an executive.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the transaction (dividend reinvestment). |
| 11/04/2024 | Date of signature on the Form 4. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.