{"schema_version":"secwatch.filing_event.v1","accession":"0000908834-24-000192","form_type":"8-K","ticker":"FNWD","cik":"0000919864","company_name":"Finward Bancorp","filed_at":"2024-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.352525+00:00","generated_at":"2026-05-31T09:55:47.409823+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Finward Bancorp adds CFO Benjamin Schmitt to change-in-control severance plan, waives 3-year service requirement","bullets":["CFO Benjamin Schmitt approved as eligible participant in Executive Change in Control Severance Plan by Compensation Committee.","Three-year employment eligibility requirement waived for Schmitt per CEO recommendation.","Benefits include cash severance of 1x base salary plus target bonus, plus COBRA and life insurance premiums.","Payments triggered by termination without cause or for good reason within 18 months of a change-in-control."],"urls":{"canonical":"https://secwatch.observer/filing/0000908834-24-000192","json":"https://secwatch.observer/filing/0000908834-24-000192.json","markdown":"https://secwatch.observer/filing/0000908834-24-000192.md","text":"https://secwatch.observer/filing/0000908834-24-000192.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/919864/000090883424000192/0000908834-24-000192-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/919864/000090883424000192/finward_8k080724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:55:47.409823+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}