Evans Jennifer 4

What Happened Jennifer Evans, a director of Finward Bancorp (FNWD), was issued 372 shares as an equity award on 2026-05-22 at a per-share value of $32.24, for a total grant value of $11,993. This was an award/acquisition (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-05-22; Price per share reported: $32.24; Total value: $11,993.
• Transaction type: Award/Grant (Form 4 code A).
• Vesting: Shares will vest one year after issuance (05/22/2027) per filing footnote.
• Plan: Issued under the Finward Bancorp 2025 Omnibus Equity Incentive Plan, which the filing says meets the requirements of 17 C.F.R. §240.16b-3.
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Transaction reported on Form 4 filed 2026-05-29 for a 2026-05-22 grant — this is later than the typical two-business-day Form 4 deadline.

Context This was a compensatory equity grant (common for directors) rather than an open-market purchase or sale. Because the shares vest in one year, they are subject to future vesting conditions and are not immediately liquid. The filing’s late submission is an administrative detail investors may note but does not by itself indicate trading intent.