What equity plan was used for Anthony Puntillo’s Finward Bancorp share grant?

The grant was made under the Finward Bancorp 2025 Omnibus Equity Incentive Plan. The footnote states the plan meets the requirements of SEC Rule 16b-3, which governs certain insider compensation-related transactions.

Finward Bancorp (FNWD) director awarded 372 common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Puntillo Anthony

Role null

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

Holdings After Transaction: Common Stock — 2,314.497 shares (Direct, null); Common Stock — 3,378 shares (Indirect, Trustee)

Footnotes (1)

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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""

Form 4 Insider Transactions: What Each Field Means →

05/27/2026 - 01:44 PM

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^*

Puntillo Anthony

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	05/22/2026		A		372	A	$32.24	2,314.4968	D
Common Stock								3,378	I	Trustee

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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)

Source: View Original Filing on SEC EDGAR

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.

How many Finward Bancorp shares were granted to Anthony Puntillo and at what price?

Anthony Puntillo was granted 372 shares of Finward Bancorp Common Stock at $32.24 per share. This transaction is categorized as a grant or award acquisition rather than an open-market purchase or sale.

When do Anthony Puntillo’s newly granted Finward Bancorp shares vest?

The 372 granted shares will vest one year after issuance, on May 22, 2027. Vesting means Puntillo’s rights to the shares become fully earned under the terms of the 2025 Omnibus Equity Incentive Plan.

How many Finward Bancorp shares does Anthony Puntillo hold after this transaction?

After the grant, Anthony Puntillo directly holds 2,314.4968 shares of Finward Bancorp Common Stock. He also indirectly holds 3,378 shares as trustee, reflecting both his direct and indirect interests reported in the filing.

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.