Finward Bancorp Files 8-K on Officer/Director Changes, Compensation

Ticker: FNWD · Form: 8-K · Filed: Feb 22, 2024 · CIK: 919864

Finward Bancorp 8-K Filing Summary
FieldDetail
CompanyFinward Bancorp (FNWD)
Form Type8-K
Filed DateFeb 22, 2024
Risk Levelmedium
Pages4
Reading Time4 min
Sentimentneutral

Sentiment: neutral

Topics: corporate-governance, executive-changes, compensation

TL;DR

**Finward Bancorp just filed an 8-K about executive changes and compensation, but the details aren't in this snippet!**

AI Summary

Finward Bancorp filed an 8-K on February 22, 2024, reporting an event that occurred on February 15, 2024. The filing pertains to Item 5.02, which covers the departure or election of directors or officers and compensatory arrangements for certain officers. The specific details of these changes or arrangements are not provided in the excerpt.

Why It Matters

This filing indicates potential changes in Finward Bancorp's leadership or executive compensation structure, which could influence the company's strategic direction and financial performance.

Risk Assessment

Risk Level: medium — The provided excerpt is too brief to determine any specific risks, as it only states the filing's purpose without details.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Finward Bancorp?

The 8-K filing by Finward Bancorp is related to Item 5.02, which covers the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 15, 2024.

What is the full name of the registrant for this 8-K?

The exact name of the registrant as specified in its charter is Finward Bancorp.

Where are Finward Bancorp's principal executive offices located?

Finward Bancorp's principal executive offices are located at 9204 Columbia Avenue, Munster, Indiana, 46321.

What is Finward Bancorp's Commission File Number?

Finward Bancorp's Commission File Number is 001-40999.

Filing Stats: 1,082 words · 4 min read · ~4 pages · Grade level 15.9 · Accepted 2024-02-22 16:16:15

Filing Documents

Forward Looking Statements

Forward Looking Statements This Current Report on Form 8-K may contain forward-looking statements regarding the financial performance, business prospects, growth, and operating strategies of Finward. For these statements, Finward claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Statements in this communication should be considered in conjunction with the other information available about Finward, including the information in the filings Finward makes with the Securities and Exchange Commission (" SEC "). Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Forward-looking statements are typically identified by using words such as "anticipate," "estimate," "project," "intend," "plan," "believe," "will" and similar expressions in connection with any discussion of future operating or financial performance. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include: the Bank's ability to demonstrate compliance with the terms of the previously disclosed consent order and memorandum of understanding entered into between the Bank and the Federal Deposit Insurance Corporation (" FDIC ") and Indiana Department of Financial Institutions (" DFI "), or to demonstrate compliance to the satisfaction of the FDIC and/or DFI within prescribed time frames; the Bank's agreement under the memorandum of understanding to refrain from paying cash dividends without prior regulatory approval; changes in asset quality and credit risk; the inability to sustain revenue and ear

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Finward Bancorp Date: February 22, 2024 By: /s/ Robert T. Lowry Printed Name: Robert T. Lowry Title: Executive Vice President, Chief Operating Officer

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