Finward Bancorp (FNWD) EVP adds shares through dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lowry Robert T reported open-market purchase transactions in this Form 4 filing.
Finward Bancorp executive Robert T. Lowry reported additional share ownership in company stock. On June 30, 2026, an indirect account labeled Profit Sharing acquired 50.6419 shares of Finward Bancorp common stock at $36.00 per share, described as shares acquired from the Dividend Reinvestment Plan.
Following this transaction, that Profit Sharing account held 15,244.1912 shares indirectly. Lowry also reported 11,215.7252 shares held directly, plus indirect holdings of 2,478.0000 shares in an IRA and 755.0000 shares held by a spouse. The filing reflects a small net increase in his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50.642 shares ($1,823)
Net Buy
4 txns
Insider
Lowry Robert T
Role
Executive Vice President
Bought
50.642 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50.642 | $36.00 | $2K |
| holding | Common | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,244.191 shares (Indirect, Profit Sharing);
Common — 11,215.725 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 50.6419 shares
Purchase price: $36.00 per share
Profit Sharing holdings: 15,244.1912 shares
+3 more
6 metrics
Shares purchased
50.6419 shares
Indirect open-market purchase on June 30, 2026
Purchase price
$36.00 per share
Price for 50.6419 common shares
Profit Sharing holdings
15,244.1912 shares
Indirect holdings after transaction
Direct holdings
11,215.7252 shares
Directly owned common shares after updates
IRA holdings
2,478.0000 shares
Indirect IRA ownership
Spouse holdings
755.0000 shares
Indirect ownership via spouse
Key Terms
Dividend Reinvestment Plan, open-market purchase, Common Stock, Profit Sharing
4 terms
Dividend Reinvestment Plan financial
"Shares acquired from the Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
Profit Sharing financial
""nature_of_ownership": "Profit Sharing""
A profit sharing arrangement is a plan where a company sets aside a portion of its profits to distribute to stakeholders—commonly employees, partners, or sometimes investors—as cash, stock, or bonuses. For investors, it matters because profit sharing changes how much profit the company retains for reinvestment versus what is paid out, affecting future growth, employee motivation, and the company’s reported earnings much like how slicing a pie differently changes how much each person and the kitchen keep.
FAQ
What insider transaction did Finward Bancorp (FNWD) report for Robert T. Lowry?
Finward Bancorp reported that Executive Vice President Robert T. Lowry indirectly acquired 50.6419 shares of common stock at $36.00 per share. The shares were credited to a Profit Sharing account through the company’s Dividend Reinvestment Plan.