Finward Bancorp (FNWD) director receives 372-share stock grant

Rhea-AI Filing Summary

Evans Jennifer reported acquisition or exercise transactions in this Form 4 filing.

Finward Bancorp director Jennifer Evans reported receiving a grant of 372 shares of common stock at $32.24 per share as equity compensation. The award was issued under the Finward Bancorp 2025 Omnibus Equity Incentive Plan and will vest in one year on 05/22/2027. Following this grant, Evans directly holds 806 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Evans Jennifer

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	372	$32.24	$12K

Holdings After Transaction: Common Stock — 806 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 372 shares Grant value per share: $32.24/share Shares held after grant: 806 shares +1 more

4 metrics

Shares granted 372 shares Common stock grant on May 22, 2026

Grant value per share $32.24/share Reference price for the 372-share award

Shares held after grant 806 shares Total direct holdings following the transaction

Vesting date 05/22/2027 One year after issue under 2025 Omnibus Equity Incentive Plan

Key Terms

Finward Bancorp 2025 Omnibus Equity Incentive Plan, 17CFR-240.16b-3, vest, Grant, award, or other acquisition

4 terms

Finward Bancorp 2025 Omnibus Equity Incentive Plan financial

"These shares were acquired by the person pursuant to Finward Bancorp 2025 Omnibus Equity Incentive Plan"

17CFR-240.16b-3 regulatory

"which meets the requirements of 17CFR-240.16b-3"

vest financial

"and will vest in one year after issue (05/22/2027)"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Evans Jennifer

(Last) (First) (Middle)

9204 COLUMBIA AVENUE

(Street)

MUNSTER INDIANA 46321

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Finward Bancorp [ FNWD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	05/22/2026		A		372	A	$32.24	806	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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)

Remarks:

	/s/ Shannon W Pryor, POA	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Finward Bancorp (FNWD) report for Jennifer Evans?

Finward Bancorp director Jennifer Evans reported an equity grant of 372 shares of common stock. The shares were awarded as compensation under the company’s 2025 Omnibus Equity Incentive Plan, not through an open-market stock purchase or sale.

At what price were the Finward Bancorp shares granted to Jennifer Evans?

The 372 Finward Bancorp common shares granted to Jennifer Evans were valued at $32.24 per share. This price is used for reporting the grant on Form 4 and reflects the award’s reference value on the transaction date of May 22, 2026.

When will Jennifer Evans’ Finward Bancorp stock grant vest?

Jennifer Evans’ 372-share Finward Bancorp grant will vest in one year after issue, on 05/22/2027. Vesting means the shares become fully earned and no longer subject to forfeiture conditions under the 2025 Omnibus Equity Incentive Plan.

How many Finward Bancorp shares does Jennifer Evans hold after this grant?

After the reported equity award, Jennifer Evans directly holds 806 Finward Bancorp common shares. This total includes the 372-share grant reported on Form 4 and represents her direct ownership position following the compensation transaction.

Was Jennifer Evans’ Finward Bancorp transaction an open-market buy or a compensation grant?

The transaction was a compensation-related grant, not an open-market purchase. Form 4 lists it under code “A” as a grant or award acquisition, made pursuant to the Finward Bancorp 2025 Omnibus Equity Incentive Plan meeting Rule 16b-3 requirements.