1 unchanged sentence
The Bancorp’s Common Stock is listed on the Nasdaq Capital Market under the symbol “FNWD.”
−Removed: As of March 30, 2022, the Bancorp had 4,294,136 shares of common stock outstanding and 633 stockholders of record.
+Added: As of March 30, 2023, the Bancorp had 4,304,026 shares of common stock outstanding and 549 stockholders of record.
This does not reflect the number of persons or entities who may hold their stock in nominee or “street”
3 unchanged sentences
The stock repurchase program will be reviewed annually by the Board of Directors.
−Removed: No shares were repurchased during the twelve months ended December 31, 2021 under the stock repurchase program.         
+Added: No shares were repurchased during the twelve months ended December 31, 2022 under the stock repurchase program.
of Shares Purchased
1 unchanged sentence
Paid per Share
−Removed: Total Number of Shares Purchased as Part of
+Added: Total Number of Shares
+Added: Purchased as Part of
Publicly Announced
1 unchanged sentence
Maximum Number of
−Removed: Shares That May Yet
−Removed: Be Purchased Under
−Removed: the Program(1)
+Added: Shares That May Yet Be
+Added: Purchased Under the
January 1, 2022 –
20 unchanged sentences
December 31, 2022
−Removed: (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.
+Added: (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.
−Removed: Page 45 of 108
+Added: (2) The number of shares above includes shares of common stock reacquired from the Bancorp’s executive officers and employees to satisfy the tax withholding obligations on restricted stock awards granted under the Bancorp’s 2015 Stock Option and Incentive Plan.
+Added: For the twelve months ended December 31, 2022, 2,479 shares were reacquired at an average per share price of $48.60 pursuant to these tax withholding transactions.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.