Youman Robert W. 4

What Happened Robert W. Youman, a director of Finward Bancorp (FNWD), was granted 372 shares as an award on 2026-05-22. The grant price was $32.24 per share, valuing the award at $11,993. This was an equity award (acquisition under code A) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 05/22/2026 at $32.24 per share (total value $11,993).
• Grant type: Award under the Finward Bancorp 2025 Omnibus Equity Incentive Plan (meets requirements of Rule 16b-3).
• Vesting: The shares will vest one year after issue (05/22/2027) (see footnote).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: The Form 4 was filed on 05/27/2026, which is after the 2-business-day deadline following the 05/22 transaction (appears late).

Context This grant appears to be a standard compensatory equity award to a director and will vest after one year; such awards are routine and do not necessarily signal the director buying or selling shares for investment reasons. The plan’s compliance with Rule 16b-3 means the grant follows common exemptions for insider compensation transactions.