FNWD Finward Bancorp Insider Trading

EVP Scheub Todd M. buys 38 shares of FNWD at $36.50; cluster pattern with 2 other insiders buying within 14 days

Scheub Todd M., Executive Vice President of Finward Bancorp, purchased 38 shares at $36.50 on 2026-03-31, adding 0.3% to his 11.6K share position. The purchase occurred as part of a cluster buy pattern—2 other insiders also bought within the past 14 days. At his prior trades at FNWD, 3 of 5 prior transactions were well-timed at the 90-day mark, suggesting some past success in stock timing at this ticker. The current price of $35.80 is 10.3% below the 52-week high of $39.93 and represents a modest 2.8% decline over 30 days. While the small transaction size ($1.4K) limits its signaling power, the concurrent buying by multiple insiders may indicate management confidence, though the company's P/E of 37.29 warrants attention in the context of broader valuation metrics.

CEO Bochnowski purchases 6 FNWD shares at $36.50; cluster buy pattern with 2 other insiders in past 14 days.

Bochnowski Benjamin J (President, CEO) purchased 6 shares at $36.50 on 2026-03-31, bringing holdings to 1,862 shares. The transaction is modest in scale—a net change of +0.3% vs pre-transaction holdings—but occurs within a broader cluster pattern: 2 other insiders also bought within the past 14 days. At the individual level, Bochnowski's prior trades at FNWD show mixed timing: 4 of 5 prior buys were well-timed at the 90-day mark, with 90d returns ranging from -7.5% to +9.5%. His cross-ticker track record is below neutral (17 prior buys, avg 90d return -1.2%, 90d win rate 52.94%), suggesting his buy decisions do not consistently precede near-term gains. The current price ($35.80) is -10.3% from the 52-week high and -2.8% over 30 days, placing the purchase 1.9% above current levels. The absence of FLAG language indicates this is an open-market, discretionary transaction, but the small share count and modest position increase limit the signal strength.

EVP Lowry buys 49 FNWD shares at $36.50; cluster buy with 2 other insiders in 14 days; stock -10.3% from 52-week high.

Robert T Lowry (EVP) purchased 49 shares of Finward Bancorp at $36.50 on 2026-03-31, adding 0.3% to his holdings of 15.2K shares post-transaction. This buy occurs as part of a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated or context-driven activity among management. Historically, Lowry's same-ticker trades at FNWD show mixed timing: his 5 prior buys at this company yielded 2 well-timed outcomes (90-day positive returns), while his cross-ticker track record shows a 33.33% win rate at 90 days with -5.7% average return. The current stock price of $35.80 sits -10.3% from the 52-week high of $39.93 and is down 2.8% over 30 days, providing a lower entry point than his prior purchase on 2025-12-30 which was well-timed. The transaction value is modest at $1.8K, and with a P/E of 37.29, investors should monitor whether the cluster activity reflects sector sentiment or fundamental conviction before drawing conclusions about near-term price direction.

EVP Scheub Todd M. bought 39 shares of FNWD at $35.56, extending prior buys; historical pattern shows 25% 90-day win rate.

Scheub Todd M. (Executive Vice President) purchased 39 shares at $35.56 on 2025-12-30, increasing holdings from 7,038 to 7,078 shares (+0.6%). The transaction amount of $1.4K is modest relative to the company's $161.7M market cap and his existing position. His cross-ticker track record across 4 prior buys shows an average 90-day return of -7.7% with a 25% win rate, while his same-ticker history at FNWD across 5 prior trades shows only 2 of 5 were well-timed at the 90-day mark. The current stock price of $37.36 sits -6.4% from the 52-week high but +6.9% over 30 days, offering limited directional context for the purchase intent. The persistence of small-scale buys across his history at this ticker does not yet form a compelling accumulation signal given the limited success rate of prior transactions.

EVP Robert Lowry buys 50 shares of Finward at $35.56; current price $37.36, +6.9% in 30 days

Lowry purchased 50 shares at $35.56 on 2025-12-30, adding 0.5% to his holdings of 11,215 shares post-transaction. The stock has appreciated 6.9% over the past 30 days and currently trades at $37.36, 6.4% below its 52-week high of $39.93. His prior trades at Finward show mixed timing outcomes: of 5 previous buys at this ticker, only 1 was well-timed at the 90-day mark, with an average 90-day return of -7.2% across those trades. His broader cross-ticker track record is similarly unfavorable, with 5 prior buys averaging -9.0% in 30-day returns and -7.2% in 90-day returns, posting a 20% win rate. The company's fundamentals—P/E of 19.66, net income of $3,497,000.00, and market cap of $161,656,720.00—appear stable, but the small transaction size and the insider's historical difficulty with timing both suggest limited conviction or catalytic visibility into the name.

FNWD CEO Bochnowski bought 6 shares at $35.56; post-trade holdings 30,686 shares. +6 share acquisition; stock up 6.9% in 30 days.

Bochnowski Benjamin J, President and CEO of Finward Bancorp, purchased 6 shares at $35.56 on 2025-12-30 for a total value of $222.00, increasing holdings from 30,679 to 30,686 shares (+0.0% vs pre-transaction holdings). The purchase occurred when FNWD was trading 6.9% above its 30-day average and 6.4% below its 52-week high of $39.93. His prior five purchases at FNWD show a timing pattern where 4 of 5 were well-timed at the 90-day mark, with 90-day returns ranging from -7.5% to +9.5%, though this latest acquisition of 6 shares represents a negligible position change. The transaction itself is de minimis in volume and dollar magnitude, warranting routine cataloging rather than substantive conviction analysis.

CFO Schmitt buys 500 shares of FNWD at $28.98; stock now at $28.53, down 5.8% in 30 days

Schmitt Benjamin Louis, Chief Financial Officer, purchased 500 shares of Finward Bancorp at $28.98 on 2025-06-13, increasing his holdings to 5,576 shares (+9.8% net change). The stock has declined 5.8% over the prior 30 days and trades 11.9% below its 52-week high of $32.40, providing a lower entry point than recent prices. His prior trades at FNWD show a mixed pattern: three of five prior buys were well-timed at the 90-day mark, with February and March 2025 purchases returning +9.8% and +5.9% respectively over 90 days, but two earlier purchases yielded negative 90-day returns of -5.7% and -14.9%. This acquisition represents continued accumulation by a top executive during a period of price weakness, though the consistency of positive timing at this ticker is offset by the company's elevated valuation (P/E of 37.54) relative to net income of $455,000.00.

CEO Benjamin Bochnowski bought 360 shares at $29.54 avg; stock down 6.4% in 30 days; 4 of 4 prior same-ticker buys were well-timed at 90d

Benjamin Bochnowski, President and CEO, made 2 separate purchases totaling 360 shares for $10,635.00 at an average price of $29.54, increasing his holdings from 29,629 to 29,989 shares. The current price of $28.36 is -12.5% from the 52-week high and down 6.4% over the past 30 days, suggesting the market has recently weakened. Notably, his prior 5 trades at Finward Bancorp show a strong timing pattern: all 4 measurable same-ticker buys achieved positive 90-day returns, with outcomes ranging from +0.0% to +15.2%, indicating the CEO has historically purchased before stock recoveries at this ticker. His cross-ticker track record shows more modest results (46.15% win rate), but his consistent success in timing purchases at FNWD specifically warrants attention to whether this latest accumulation signals similar forward-looking conviction about the company's near-term direction.

EVP Robert T. Lowry buys 58 FNWD shares at $30.52; cluster pattern with 2 other insiders in 14 days.

Robert T. Lowry, Executive Vice President, purchased 58 shares of Finward Bancorp at $30.52 on 2025-05-12, expanding his holdings to 15,036 shares. The transaction is modest in scale ($1.8K), representing a 0.4% increase in his position. A cluster pattern is notable: 2 other insiders bought within the past 14 days, which could suggest confidence in current valuation, though individual transaction sizes and motivations remain unknown. However, Lowry's personal track record at FNWD presents a mixed signal—of his 4 prior buys at this ticker, only 1 was well-timed at the 90-day mark (25% success rate), with prior 90d returns of -14.9%, +0.4%, -8.9%, and -5.4%. His cross-ticker track record also shows an avg 90d return of -7.2% with a 25% win rate, suggesting a historical pattern of unfavorable timing on open-market buys. The stock is -6.8% from its 52-week high and +13.3% over the past 90 days, leaving questions about whether this purchase represents a meaningful conviction signal or a routine position adjustment.

EVP Scheub sells 375 shares for $11,595 while repurchasing 45 shares; modest net reduction of 329 shares (-2.8% of holdings).

Scheub Todd M. executed 2 separate open-market transactions in this filing: a sale of 375 shares at $30.92 on 2025-04-27 and a subsequent purchase of 45 shares at $30.52 on 2025-05-12, resulting in a net reduction of 329 shares from his 11,896-share position. The modest net disposition (-2.8% of pre-transaction holdings) at prices near the current $30.20 level suggests no pronounced directional conviction. His prior trades at FNWD show mixed timing outcomes: 1 of 3 prior buys achieved positive 90-day returns. A cluster pattern is present—2 other insiders also bought within 14 days—which may signal routine portfolio activity among multiple executives rather than a concentrated signal. The company's P/E of 8.53 and positive net income of $606,000 provide a stable backdrop, though the modest scale warrants attention to broader business fundamentals.