Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: The Bancorp’s Common Stock is listed on the Nasdaq Capital Market under the symbol “FNWD.”
−Removed: As of March 30, 2023, the Bancorp had 4,304,026 shares of common stock outstanding and 549 stockholders of record.
−Removed: This does not reflect the number of persons or entities who may hold their stock in nominee or “street”
−Removed: name through brokerage firms.
−Removed: 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.
+Added: The Bancorp’s Common Stock is listed on the Nasdaq Capital Market under the symbol “FNWD.” As of March 28, 2024, the Bancorp had 4,304,026 shares of common stock outstanding and 549 stockholders of record.
+Added: This does not reflect the number of persons or entities who may hold their stock in nominee or “street” name through brokerage firms.
+Added: 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.
−Removed: 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, 2022 under the stock repurchase program.
+Added: The stock repurchase program is reviewed annually by the Board of Directors.
+Added: No shares were repurchased during the year ended December 31, 2023 under the stock repurchase program.
of Shares Purchased
6 unchanged sentences
Maximum Number of
−Removed: Shares That May Yet Be
−Removed: Purchased Under the
−Removed: January 1, 2022 –
−Removed: January 31, 2022
−Removed: February 1, 2022 –
−Removed: February 28, 2022
−Removed: March 1, 2022 –
−Removed: March 31, 2022
−Removed: April 1, 2022 –
−Removed: April 30, 2022
−Removed: May 1, 2022 –
−Removed: June 1, 2022 –
−Removed: June 30, 2022
−Removed: July 1, 2022 –
−Removed: July 31, 2022
−Removed: August 1, 2022 –
−Removed: August 31, 2022
−Removed: September 1, 2022 –
−Removed: September 30, 2022
−Removed: October 1, 2022 –October 31, 2022
−Removed: November 1, 2022 –
−Removed: November 30, 2022
−Removed: December 1, 2022 –
−Removed: 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: Shares That May Yet
+Added: Be Purchased Under
+Added: the Program(1)
+Added: January 1, 2023 – January 31, 2023
+Added: February 1, 2023 – February 28, 2023
+Added: March 1, 2023 – March 31, 2023
+Added: April 1, 2023 – April 30, 2023
+Added: May 1, 2023 – May 31, 2023
+Added: June 1, 2023 – June 30, 2023
+Added: July 1, 2023 – July 31, 2023
+Added: August 1, 2023 – August 31, 2023
+Added: September 1, 2023 – September 30, 2023
+Added: October 1, 2023 –October 31, 2023
+Added: November 1, 2023 – November 30, 2023
+Added: December 1, 2023 – December 31, 2023
+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: (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.
−Removed: 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.
+Added: (2) The number of shares above consist of 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 year ended December 31, 2023, 5,684 shares were reacquired at an average per share price of $34.45 pursuant to these tax withholding transactions.
+Added: Page 51 of 122
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.