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.” As of March 28, 2024, the Bancorp had 4,304,026 shares of common stock outstanding and 549 stockholders of record.
+Added: The Company’s Common Stock is listed on the Nasdaq Capital Market under the symbol “FNWD.” As of December 31, 2024, the Company had 4,313,698 shares of common stock outstanding and 519 stockholders of record.
This does not reflect the number of persons or entities who may hold their stock in nominee or “street” 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: On April 24, 2014, the Company’s Board of Directors authorized a stock repurchase program to repurchase up to 50,000 shares of the Company’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.
4 unchanged sentences
Paid per Share
−Removed: Total Number of Shares
−Removed: Purchased as Part of
−Removed: Publicly Announced
+Added: Total Number of Shares Purchased as Part of Publicly Announced
Plans or Programs
−Removed: Maximum Number of
−Removed: Shares That May Yet
−Removed: Be Purchased Under
−Removed: the Program(1)
+Added: Maximum Number of Shares That May Yet Be Purchased Under the Program (2)
January 1, 2024 – January 31, 2024
10 unchanged sentences
December 1, 2024 – December 31, 2024
−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.
−Removed: There is no express expiration date for this program.
−Removed: (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: (1) The number of shares above consist of shares of common stock reacquired from the Company’s executive officers and employees to satisfy the tax withholding obligations on restricted stock awards granted under the Company’s 2015 Stock Option and Incentive Plan.
For the year ended December 31, 2024, 3,485 shares were reacquired at an average per share price of $24.42 pursuant to these tax withholding transactions.
−Removed: Page 51 of 122
+Added: (2) The stock repurchase program was announced on April 24, 2014, whereby the Company is authorized to repurchase up to 50,000 shares of the Company’s common stock outstanding.
+Added: There is no express expiration date for this program.
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.