Finward Bancorp (FNWD) director awarded 372 common shares
Rhea-AI Filing Summary
Puntillo Anthony reported acquisition or exercise transactions in this Form 4 filing.
Finward Bancorp director Anthony Puntillo reported an equity grant of 372 shares of Common Stock. The shares were awarded on May 22, 2026 at $32.24 per share as compensation under the Finward Bancorp 2025 Omnibus Equity Incentive Plan.
According to the filing, these granted shares will vest one year after issue on May 22, 2027. After this grant, Puntillo directly holds 2,314.4968 shares of Common Stock and indirectly holds 3,378 shares as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 372 shares
Net Buy
2 txns
Insider
Puntillo Anthony
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 372 | $32.24 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,314.4968 shares (Direct);
Common Stock — 3,378 shares (Indirect, Trustee)
Footnotes (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: 2,314.4968 shares
+2 more
5 metrics
Equity grant size
372 shares
Common Stock grant on May 22, 2026
Grant price
$32.24 per share
Common Stock award to director
Direct holdings after grant
2,314.4968 shares
Common Stock held directly after transaction
Indirect holdings as trustee
3,378 shares
Common Stock held indirectly as trustee
Vesting date
May 22, 2027
Grant vests one year after issue
Key Terms
Omnibus Equity Incentive Plan, 17CFR-240.16b-3, vest, grant/award acquisition
4 terms
Omnibus Equity Incentive Plan financial
"pursuant to Finward Bancorp 2025 Omnibus Equity Incentive Plan which meets the requirements"
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
17CFR-240.16b-3 regulatory
"which meets the requirements of 17CFR-240.16b-3, and will vest in one year"
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 acquisition financial
"transaction_action": "grant/award acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Finward Bancorp (FNWD) director Anthony Puntillo report in this Form 4?
Director Anthony Puntillo reported receiving a grant of 372 shares of Finward Bancorp Common Stock. The award was made on May 22, 2026 at $32.24 per share as part of his equity-based compensation.
Is Anthony Puntillo’s Form 4 transaction a market purchase or sale of Finward Bancorp stock?
The reported transaction is a grant or award acquisition, not a market trade. It reflects shares awarded as compensation under an equity incentive plan rather than shares bought or sold on the open market.