Schmitt Benjamin Louis 4

What Happened
Benjamin Louis Schmitt, Chief Financial Officer of Finward Bancorp (FNWD), was granted 419 shares on February 25, 2026. The award was recorded at $36.60 per share, valued at $15,335. This was an award/grant (transaction code A), typically a form of compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed within the two-business-day window)
• Transaction type: Award/Grant (code A)
• Shares acquired: 419 at $36.60 per share; total value reported $15,335
• Shares owned after transaction: Not specified in the information provided
• No footnotes, 10b5-1 plan, tax withholding, or late-filing indicators provided in the supplied data

Context
Stock awards to executives are commonly part of compensation packages (e.g., restricted stock or performance shares) and do not necessarily signal a personal buy/sell decision. For retail investors, purchases can be a stronger immediate sentiment indicator than compensation grants; however, awards still matter as they increase insider ownership and align management incentives with shareholders.