Finward Bancorp director granted 372 shares

Alwin Martin P reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Alwin Martin P reported acquisition or exercise transactions in this Form 4 filing.

Finward Bancorp director Alwin Martin P reported an equity award and updated holdings. He received 372 shares of Common Stock at $32.24 per share as a grant under the Finward Bancorp 2025 Omnibus Equity Incentive Plan, which will vest one year after issue on 05/22/2027. After the grant, he directly holds 806 shares of Common Stock and indirectly holds 1,911 shares through a 401K account. The filing also lists the 401K position as a holding entry, not an open-market trade.

Insider Trade Summary

Grant/Award: 372 shares

Grant/Award 2 txns

Insider Alwin Martin P

Role Director

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

Holdings After Transaction: Common Stock — 806 shares (Direct); Common Stock — 1,911 shares (Indirect, 401K)

Footnotes (1)

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

Equity grant size: 372 shares Grant price: $32.24 per share Direct holdings after grant: 806 shares +2 more

5 metrics

Equity grant size 372 shares Common Stock grant to director Alwin Martin P

Grant price $32.24 per share Price for 372-share Common Stock award

Direct holdings after grant 806 shares Common Stock directly held after the reported transactions

Indirect 401K holdings 1,911 shares Common Stock held indirectly through a 401K account

Vesting date 05/22/2027 Grant under 2025 Omnibus Equity Incentive Plan vests in one year

Key Terms

Finward Bancorp 2025 Omnibus Equity Incentive Plan, 401K, Grant, award, or other acquisition, Common Stock, +1 more

5 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"

401K financial

"direct_or_indirect: I, nature_of_ownership: 401K"

An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

17CFR-240.16b-3 regulatory

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Finward Bancorp (FNWD) director Alwin Martin P report?

Director Alwin Martin P reported receiving a grant of 372 shares of Finward Bancorp Common Stock. The award was issued under the company’s 2025 Omnibus Equity Incentive Plan and represents equity-based compensation rather than an open-market stock purchase or sale.

How many Finward Bancorp (FNWD) shares were granted and at what price?

Alwin Martin P received 372 shares of Finward Bancorp Common Stock at $32.24 per share. This transaction is coded as a grant or award acquisition, indicating stock-based compensation rather than a typical market transaction by the director.

When do the new Finward Bancorp (FNWD) shares granted to Alwin Martin P vest?

The 372-share grant to Alwin Martin P will vest one year after issuance, on 05/22/2027. Until vesting, the award remains subject to the conditions of Finward Bancorp’s 2025 Omnibus Equity Incentive Plan described in the Form 4 footnote.

What are Alwin Martin P’s Finward Bancorp (FNWD) share holdings after this Form 4?

Following the reported transactions, Alwin Martin P directly holds 806 shares of Finward Bancorp Common Stock. He also indirectly holds 1,911 shares through a 401K account, reflecting both personal holdings and retirement-plan ownership in the company.

What does the 401K entry mean in the Finward Bancorp (FNWD) Form 4?

The Form 4 lists 1,911 shares of Finward Bancorp Common Stock held indirectly through a 401K account. This entry reflects retirement-plan holdings and is categorized as a holding rather than a new purchase or sale during the reported period.

Under which plan was the Finward Bancorp (FNWD) equity grant to Alwin Martin P made?

The 372-share grant was made under the Finward Bancorp 2025 Omnibus Equity Incentive Plan. The footnote notes that this plan meets the requirements of 17CFR-240.16b-3, which governs certain insider equity compensation transactions under SEC rules.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/27/2026 - 02:13 PM Learn about SEC filing dates

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^*

Alwin Martin P

(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
Common Stock								1,911	I	401K

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	05/27/2026
	** 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)