Finward Bancorp (FNWD) EVP Todd Scheub Buys 32.364 Shares

What Happened Todd M. Scheub, Executive Vice President of Finward Bancorp (FNWD), purchased 32.364 shares on 2026-09-25 at an average price of $43.48 per share, for a total of about $1,407. This was a purchase (not a sale), executed through the company’s dividend reinvestment plan.

Key Details

• Transaction date: 2026-09-25; filing date: 2026-09-28 (Form 4)
• Price and amount: 32.364 shares at $43.48 each; total ≈ $1,407
• Footnote: F1 — shares acquired through the Dividend Reinvestment Plan (DRIP)
• Shares owned after the transaction: not specified in the provided filing details
• Timeliness: Filed on 9/28, which is within the SEC’s typical two-business-day reporting window for Form 4s

Context

• This was a DRIP purchase (reinvestment of dividends), which is a routine way insiders increase holdings modestly; the dollar amount is small relative to most insider trades.
• Purchases can be seen as a constructive signal, but this transaction is modest in size and reflects dividend reinvestment rather than a large open-market accumulation.