Finward Bancorp Files DEF 14A on Executive Compensation
Ticker: FNWD · Form: DEF 14A · Filed: Apr 1, 2025 · CIK: 919864
Sentiment: neutral
Topics: executive-compensation, proxy-statement, corporate-governance
TL;DR
Finward Bancorp's DEF 14A is out, detailing exec pay for 2024. Shareholders get the scoop on NEO compensation.
AI Summary
Finward Bancorp filed its DEF 14A on April 1, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards and compensation for Named Executive Officers (NEOs) and Non-NEO members for the fiscal years 2022, 2023, and 2024. Specific dollar amounts for compensation are not detailed in this excerpt but are expected within the full filing.
Why It Matters
This filing provides shareholders with crucial information regarding how the company's top executives are compensated, influencing corporate governance and investor decisions.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of executive compensation and does not inherently indicate new risks for the company.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period for which executive compensation is reported.)
- 20250401 — Filing Date (The date Finward Bancorp submitted this DEF 14A filing.)
Key Players & Entities
- Finward Bancorp (company) — Filer of the DEF 14A
- NORTHWEST INDIANA BANCORP (company) — Former name of Finward Bancorp
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an upcoming annual meeting or to provide information about executive compensation and other corporate governance matters.
Which fiscal years' executive compensation data is included in this filing?
The filing excerpt indicates data for the fiscal years 2022, 2023, and 2024.
Who are the key individuals or groups whose compensation is detailed?
The filing details compensation for Named Executive Officers (NEOs) and Non-NEO members.
What was Finward Bancorp's former name?
Finward Bancorp was formerly known as NORTHWEST INDIANA BANCORP, with a name change date of March 7, 1994.
What is the SIC code for Finward Bancorp?
Finward Bancorp's Standard Industrial Classification (SIC) code is 6035, which corresponds to SAVINGS INSTITUTION, FEDERALLY CHARTERED.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 1, 2025 regarding Finward Bancorp (FNWD).