Evans Jennifer 4

What Happened
Jennifer Evans, a director of Finward Bancorp (FNWD), was granted 434 shares on July 11, 2025. The grant is reported as an acquisition/award (transaction code A) at $27.63 per share, for a reported total value of $11,991. This was an equity award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: July 11, 2025
• Price per share: $27.63; Shares granted: 434; Reported value: $11,991
• Transaction type: Award/Grant (SEC Form 4 code A) — acquisition of shares via compensation award
• Shares owned after transaction: Not disclosed in the provided filing
• Footnotes / plans: No footnotes or 10b5-1 plan details provided in the supplied data
• Filing timeliness: Report filed March 11, 2026 for a July 2025 transaction — this appears to be a late filing, which reduces the timeliness of the disclosure for investors

Context
Equity awards to directors are typically part of compensation or retention programs and do not necessarily indicate active market buying or selling by the insider. Because this filing was submitted many months after the reported grant date, investors should treat the disclosure as retrospective and check for any subsequent filings (e.g., vesting, sales, or updated ownership) for a current picture of insider holdings.