Finward Bancorp 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds On April 24, 2014 the Bancorp’s Board of Directors authorized a stock repurchase program to repurchase up to 50,000 shares of the Bancorp’s outstanding common stock, from time to time and subject to market conditions, on the open market or in privately negotiated transactions. The stock repurchase program does not expire and is only limited by the number of shares that can be purchased. The stock repurchase program will be reviewed annually by the Board of Directors. No shares were repurchased during the six months ended June 30, 2022 under the stock repurchase program.   Period   Total Number of Shares Purchased     Average Price Paid per Share     Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs     Maximum Number of Shares That May Yet Be Purchased Under the Program(1)   January 1, 2022 – January 31, 2022     -       N/A       -       48,828   February 1, 2022 – February 28, 2022     -       N/A       -       48,828   March 1, 2022 – March 31, 2022     -       N/A       -       48,828   April 1, 2022 – April 30, 2022     -       N/A       -       48,828   May 1, 2022 – May 31, 2022     -       N/A       -       48,828   June 1, 2022 – June 30, 2022     -       N/A       -       48,828     (1) The stock repurchase program was announced on April 24, 2014, whereby the Bancorp is authorized to repurchase up to 50,000 shares of the Bancorp’s common stock outstanding. There is no express expiration date for this program.   Item 3. Defaults Upon Senior Securities There are no matters reportable under this item.   Item 4. Mine Safety Disclosures Not Applicable