Finward director granted 372 shares of stock
Youman Robert W. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Youman Robert W. reported acquisition or exercise transactions in this Form 4 filing.
Finward Bancorp director Robert W. Youman received a grant of 372 shares of common stock at $32.24 per share under the Finward Bancorp 2025 Omnibus Equity Incentive Plan. According to the footnote, these shares will vest one year after issue on 05/22/2027.
After this award, Youman directly holds 806 common shares. He also has indirect holdings reported as 2,691 shares as trustee, 1,221 shares in a Roth account, and 22,773 shares in an IRA, showing a meaningful ongoing equity stake aligned with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 372 shares
Grant/Award
4 txns
Insider
Youman Robert W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 372 | $32.24 | $12K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 806 shares (Direct);
Common Stock — 22,773 shares (Indirect, IRA);
Common Stock — 1,221 shares (Indirect, Roth);
Common Stock — 2,691 shares (Indirect, Trustee)
Footnotes (1)
- F1. These shares were acquired by the person pursuant to Finward Bancorp 2025 Omnibus Equity Incentive Plan which meets the requirements of 17CFR-240.16b-3, and will vest in one year after issue (05/22/2027)
Key Figures
Stock grant size: 372 shares
Grant price per share: $32.24/share
Direct holdings after award: 806 shares
+4 more
7 metrics
Stock grant size
372 shares
Common stock award to director on 05/22/2026
Grant price per share
$32.24/share
Price for 372-share award
Direct holdings after award
806 shares
Common stock directly owned by Youman after grant
Trust holdings
2,691 shares
Indirect ownership as trustee
Roth account holdings
1,221 shares
Indirect ownership in Roth account
IRA holdings
22,773 shares
Indirect ownership in IRA
Vesting date
05/22/2027
One-year vesting schedule for 372-share award
Key Terms
Omnibus Equity Incentive Plan, vesting, Roth, IRA, +1 more
5 terms
Omnibus Equity Incentive Plan financial
"These shares were acquired by the person pursuant to Finward Bancorp 2025 Omnibus Equity Incentive Plan"
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
vesting financial
"and will vest in one year after issue (05/22/2027)"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Roth financial
"nature_of_ownership: Roth"
Roth denotes a type of retirement account where you pay taxes on contributions now so qualified withdrawals in retirement are tax-free, similar to preloading a phone so later calls don’t add charges. It matters to investors because it can protect future income from taxes, offer predictable after-tax returns, and serve as a flexible tax-planning tool alongside taxable accounts and traditional (pre-tax) retirement plans.
IRA financial
"nature_of_ownership: IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
17CFR-240.16b-3 regulatory
"which meets the requirements of 17CFR-240.16b-3"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Finward Bancorp (FNWD) director Robert W. Youman receive in this Form 4?
Director Robert W. Youman received a grant of 372 shares of Finward Bancorp common stock at $32.24 per share. The award comes under the company’s 2025 Omnibus Equity Incentive Plan and increases his directly held common shares to 806.
What is the Finward Bancorp 2025 Omnibus Equity Incentive Plan mentioned in the Form 4?
The filing states the shares were acquired under the Finward Bancorp 2025 Omnibus Equity Incentive Plan. This plan provides equity-based compensation that meets 17CFR-240.16b-3 requirements, allowing the company to grant stock awards to eligible participants.
Are Robert W. Youman’s other Finward Bancorp (FNWD) holdings direct or indirect?
Besides 806 directly owned shares, the Form 4 lists indirect holdings: 2,691 shares as trustee, 1,221 shares in a Roth account, and 22,773 shares in an IRA. These accounts show beneficial ownership through different structures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
