Finward EVP adds shares via dividend reinvestment
Lowry Robert T reported open-market purchase transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 49.786 shares
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 — 15,193.5493 shares (Indirect, Profit Sharing);
Common — 11,215.7252 shares (Direct);
Common Stock — 2,478 shares (Indirect, IRA);
Common Stock — 755 shares (Indirect, Spouse)
Footnotes (1)
- F1. Shares acquired from the Dividend Reinvestment Plan
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
