Bochnowski Benjamin J 4

What Happened Benjamin J. Bochnowski — President, CEO and Director of Finward Bancorp (FNWD) — acquired 6.102 shares on 2026-03-31 at $36.50 per share, a transaction worth approximately $223. The filing reports this as a purchase (P) and the shares were obtained through the company’s Dividend Reinvestment Plan (DRIP), meaning dividends were used to buy additional shares rather than a separate open‑market cash purchase.

Key Details

• Transaction date and price: 2026-03-31 at $36.50 per share
• Shares acquired: 6.102; approximate value: $223
• Footnote: Shares acquired via the Dividend Reinvestment Plan (F1)
• Filing date: Form 4 filed 2026-04-01 (no late‑filing flag provided in the supplied data)
• Shares owned after transaction: Not specified in the provided filing details

Context DRIP transactions are typically small and result from reinvesting dividends into additional shares; they often reflect routine participation in the company’s dividend plan rather than an independent market timing decision. Purchases by insiders can be viewed as a positive signal, but this specific transaction is minor and arose from dividend reinvestment rather than a separate cash purchase.