PL Capital Advisors Amends Finward Bancorp Stake
Ticker: FNWD · Form: SC 13D/A · Filed: Sep 9, 2024 · CIK: 919864
| Field | Detail |
|---|---|
| Company | Finward Bancorp (FNWD) |
| Form Type | SC 13D/A |
| Filed Date | Sep 9, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $9,249,638, $9,245,963, $3,675, $24,675 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
Related Tickers: FNBD
TL;DR
PL Capital Advisors updated their Finward Bancorp filing on 9/9/24. Watch this space.
AI Summary
PL Capital Advisors, LLC, through its principal John W. Palmer, has amended its Schedule 13D filing regarding Finward Bancorp. The amendment, filed on September 9, 2024, indicates a change in beneficial ownership. PL Capital Advisors, LLC is based in Naples, Florida, and Finward Bancorp is headquartered in Munster, Indiana.
Why It Matters
This filing signals a potential shift in significant ownership or strategy for Finward Bancorp, which could impact its stock price and future corporate actions.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate events or activist investor actions, which can introduce volatility.
Key Players & Entities
- PL Capital Advisors, LLC (company) — Filing entity
- John W. Palmer (person) — Principal of PL Capital Advisors, LLC
- Finward Bancorp (company) — Subject company
- Phillip M. Goldberg (person) — Legal counsel
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
The filing is an amendment to a Schedule 13D, indicating a change in beneficial ownership, but the specific percentage or number of shares acquired or disposed of is not detailed in the provided header information.
When was this amendment filed with the SEC?
This amendment was filed on September 9, 2024.
Who is the principal authorized to receive notices for PL Capital Advisors, LLC?
Mr. John W. Palmer is the person authorized to receive notices and communications for PL Capital Advisors, LLC.
What is the business address of Finward Bancorp?
Finward Bancorp's business address is 9204 Columbia Ave, Munster, IN 46321.
What is the CUSIP number for Finward Bancorp's common stock?
The CUSIP number for Finward Bancorp's common stock is 31812F109.
Filing Stats: 2,347 words · 9 min read · ~8 pages · Grade level 9.6 · Accepted 2024-09-09 16:20:00
Key Financial Figures
- $9,249,638 — ompany acquired at an aggregate cost of $9,249,638. Of that amount, PL Capital Advisors ho
- $9,245,963 — lf of the Clients acquired at a cost of $9,245,963 and Mr. Palmer holds in his individual
- $3,675 — s of Common Stock acquired at a cost of $3,675. In his pension plan Mr. Alwin holds 1
- $24,675 — s of Common Stock acquired at a cost of $24,675. Mr. Lashley, Mr. Palmer and PL Capita
Filing Documents
- sc13da.htm (SC 13D/A) — 85KB
- 99.htm (EX-99.1) — 6KB
- 0000897069-24-001822.txt ( ) — 92KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: September 6, 2024 PL CAPITAL ADVISORS, LLC By : /s/ John W. Palmer /s/ Richard J. Lashley John W. Palmer Richard J. Lashley Managing Member Managing Member By: /s/ John W. Palmer John W. Palmer By: /s/ Richard J. Lashley Richard J. Lashley By: /s/ Martin P. Alwin Martin P. Alwin