Insider Trading February 27, 2026

Finward Bancorp EVP Robert T. Lowry makes two recent stock purchases totaling $13,505

Transactions in December 2025 and February 2026 add to Lowry's holdings as InvestingPro flags FNWD as undervalued

By Leila Farooq FNWD
Finward Bancorp EVP Robert T. Lowry makes two recent stock purchases totaling $13,505
FNWD

Finward Bancorp Executive Vice President Robert T. Lowry completed two purchases of the company’s common stock - one on December 30, 2025, and another on February 25, 2026 - increasing his reported holdings. The shares traded above the purchase prices at $37.76 and the stock has returned 41% over the past year. InvestingPro's analysis cited in the company data describes FNWD as undervalued and notes a 28-year dividend payment streak and a 1.3% yield.

Key Points

  • Robert T. Lowry, Executive Vice President of Finward Bancorp (NASDAQ:FNWD), completed two purchases: 50.9367 shares on December 30, 2025, for $1,811, and 369 shares on February 25, 2026, for $13,505.
  • Finward's stock was trading at $37.76 at the time of the report and has returned 41% over the past year; InvestingPro analysis describes the company as undervalued at current levels.
  • InvestingPro notes Finward has paid dividends for 28 consecutive years and the company currently has a 1.3% dividend yield; InvestingPro offers four additional exclusive tips for FNWD subscribers.

Executive Vice President Robert T. Lowry of Finward Bancorp (NASDAQ:FNWD) reported two separate purchases of the bank holding company’s common shares late last year and earlier this year.

According to the transaction details, Lowry acquired 50.9367 shares on December 30, 2025, at a price of $35.56 per share, producing a transaction value of $1,811. He later bought 369 shares on February 25, 2026, at $36.60 per share, for a total transaction value of $13,505.

The company’s stock was trading at $37.76 at the time of reporting and has delivered a 41% return over the past 12 months, based on the figures provided. The write-up includes an InvestingPro analysis that characterizes Finward Bancorp as undervalued at current market levels.


Holdings and account breakdown

The filings show changes in Lowry’s reported holdings. Following the December 30, 2025 transaction, Lowry was said to directly hold 15,143.7633 shares. The record notes those shares were acquired through a Dividend Reinvestment Plan. After the February 25, 2026 purchase, his direct holdings are reported as 11,215.7252 shares.

Separately, Lowry is reported to have indirect holdings of 2,478 shares through an IRA and 755 shares held through a spouse.


Dividend profile and research notes

InvestingPro Tips cited in the materials highlight that Finward has paid dividends for 28 consecutive years. The company is reported to offer a 1.3% dividend yield. The InvestingPro service is also noted to provide four additional exclusive tips for subscribers focused on FNWD.

The information included in the filing and the InvestingPro commentary was presented without additional interpretation. The numeric details above reflect the figures provided in the reported transactions and holdings disclosures.

Risks

  • The valuation opinion that FNWD is undervalued is attributed to InvestingPro analysis - the assessment depends on that service's models and assumptions.
  • The company's current dividend yield of 1.3% is modest, which may limit income-focused returns relative to higher-yielding alternatives.
  • There is an apparent inconsistency in the reported direct holdings figures: the filing shows 15,143.7633 shares after the first transaction and 11,215.7252 shares after the later transaction, which creates ambiguity in the holdings timeline.

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