Finward EVP adds shares via dividend plan
Scheub Todd M. reported open-market purchase transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Scheub Todd M. reported open-market purchase transactions in this Form 4 filing.
Finward Bancorp Executive Vice President Todd M. Scheub increased his stake in the company. On June 30, 2026, an account classified as profit sharing acquired 38.9563 shares of common stock at $36.00 per share through the Dividend Reinvestment Plan. After these updates, he held 7,078 shares directly and 11,726.6785 shares indirectly.
Insider Trade Summary
Net Buyer: 38.9563 shares
Net Buy
1 txn
Insider
Scheub Todd M.
Role
Executive Vice President
Bought
38.9563 shs ($1K)
Increase in Position
0.33%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 38.9563 | $36.00 | $1K |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,726.6785 shares (Indirect, Profit Sharing);
Common Stock — 7,078 shares (Direct)
Holdings Before and After:
Common Stock, 11,687.7222 to 11,726.6785 shares (Indirect, Profit Sharing)
Other Insiders: 4 other insiders reported open-market purchases of this stock in the 30 days up to this filing.
Footnotes (1)
- F1. Shares acquired from the Dividend Reinvestment Plan
Key Figures
Shares acquired: 38.9563 shares
Purchase price: $36.00 per share
Direct holdings after: 7,078 shares
+2 more
5 metrics
Shares acquired
38.9563 shares
Common Stock, acquired June 30, 2026
Purchase price
$36.00 per share
Price for 38.9563 acquired shares
Direct holdings after
7,078 shares
Common Stock held directly after June 30, 2026
Indirect holdings after
11,726.6785 shares
Common Stock held indirectly via profit sharing after June 30, 2026
Net buy shares
38.9563 shares
Net buy direction in transaction summary
Key Terms
Dividend Reinvestment Plan, Profit Sharing, Form 4, Common Stock
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
"nature_of_ownership: "Profit Sharing" for indirect holdings"
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 FILING DATA (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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Finward Bancorp (FNWD) report for Todd M. Scheub?
Finward Bancorp reported that Executive Vice President Todd M. Scheub acquired 38.9563 shares of common stock at $36.00 per share on June 30, 2026. The shares were added indirectly through a profit sharing account via the company’s Dividend Reinvestment Plan.
Was the Finward Bancorp (FNWD) insider transaction an open-market purchase?
The filing describes the 38.9563-share acquisition as a purchase at $36.00 per share, with a footnote stating the shares were acquired through the Dividend Reinvestment Plan. This indicates the increase came via dividend reinvestment rather than a typical discretionary market trade.
What does “Profit Sharing” ownership mean in the Finward Bancorp (FNWD) Form 4?
The Form 4 labels the 38.9563 acquired shares as held indirectly under “Profit Sharing.” This indicates the shares are owned through a profit sharing account rather than directly, and the account participated in the Dividend Reinvestment Plan to acquire additional common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
