Finward Bancorp (FNWD) EVP buys shares via dividend reinvestment

Rhea-AI Filing Summary

Lowry Robert T reported open-market purchase transactions in this Form 4 filing.

Finward Bancorp Executive Vice President Robert T. Lowry increased his stake in the company. On the reported date, he acquired 49.786 shares of common stock at $36.50 per share through a Dividend Reinvestment Plan in an indirect profit-sharing account.

Following this transaction, the profit-sharing account held 15,193.5493 shares. Additional holdings reported as of the same date included 11,215.7252 shares held directly, 2,478.0000 shares held indirectly in an IRA, and 755.0000 shares held indirectly through a spouse.

Insider Trade Summary

Net Buyer: 49.786 shares ($1,817)

Net Buy 4 txns

Insider Lowry Robert T

Role Executive Vice President

Bought 49.786 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	49.786	$36.50	$2K
holding	Common	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 15,193.549 shares (Indirect, Profit Sharing); Common — 11,215.725 shares (Direct)

Footnotes (1)

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Key Figures

Shares acquired: 49.786 shares Purchase price: $36.50 per share Profit-sharing holdings: 15,193.5493 shares +3 more

6 metrics

Shares acquired 49.786 shares Common stock via Dividend Reinvestment Plan on transaction date

Purchase price $36.50 per share Price for acquired common shares

Profit-sharing holdings 15,193.5493 shares Indirect profit-sharing account after acquisition

Direct holdings 11,215.7252 shares Common stock held directly as of transaction date

IRA indirect holdings 2,478.0000 shares Common stock held indirectly in IRA

Spousal indirect holdings 755.0000 shares Common stock held indirectly through spouse

Key Terms

Dividend Reinvestment Plan, Profit Sharing, Form 4, indirect

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.

Profit Sharing financial

"Indirect ownership reported as 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.

Form 4 regulatory

"Insider transaction reported on Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

indirect financial

"Ownership type for certain accounts is classified as indirect"

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^*

Lowry Robert T

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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								11,215.7252	D
Common Stock	03/31/2026		P		49.786(1)	A	$36.5	15,193.5493	I	Profit Sharing
Common Stock								2,478	I	IRA
Common Stock								755	I	Spouse

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. Shares acquired from the Dividend Reinvestment Plan

Remarks:

	/s/ Shannon W Pryor, POA	04/01/2026
	** 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 Robert T. Lowry?

Finward Bancorp reported that Executive Vice President Robert T. Lowry acquired 49.786 shares of common stock at $36.50 per share via a Dividend Reinvestment Plan, increasing his indirect holdings in a profit-sharing account.

How many Finward Bancorp (FNWD) shares did Robert T. Lowry buy and at what price?

Robert T. Lowry acquired 49.786 shares of Finward Bancorp common stock at $36.50 per share. The shares were credited through a Dividend Reinvestment Plan to an indirect profit-sharing account associated with him.

What are Robert T. Lowry’s indirect profit-sharing holdings in Finward Bancorp (FNWD) after the transaction?

After the reported transaction, the profit-sharing account associated with Robert T. Lowry held 15,193.5493 shares of Finward Bancorp common stock, reflecting the added 49.786 shares from the Dividend Reinvestment Plan.

What direct Finward Bancorp (FNWD) holdings does Robert T. Lowry report?

The filing shows Robert T. Lowry directly holding 11,215.7252 shares of Finward Bancorp common stock as of the transaction date. This direct position is separate from his indirect profit-sharing, IRA, and spousal holdings.

What other indirect Finward Bancorp (FNWD) holdings are reported for Robert T. Lowry?

Beyond the profit-sharing account, Robert T. Lowry reports 2,478.0000 Finward Bancorp shares held indirectly in an IRA and 755.0000 shares held indirectly through his spouse, all as of the transaction date.