---
schema_version: "secwatch.filing_event.v1"
accession: "0000908834-24-000216"
form_type: "8-K"
ticker: "FNWD"
cik: "0000919864"
company_name: "Finward Bancorp"
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:22:08.007196+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Finward Bancorp appoints three new independent directors effective September 9, 2024

## Summary
- Martin P. Alwin (Class I), Jennifer R. Evans (Class II), Carolyn M. Burke (Class III) appointed to boards of Finward Bancorp and Peoples Bank.
- Board size increased from 10 to 11 for Alwin; Evans and Burke fill existing vacancies from prior departures.
- Alwin and Burke join Audit Committee; Evans joins Risk Management and Compliance Committee.
- All three determined independent; Alwin and Burke designated audit committee financial experts.

## SEC filing metadata
- accession: 0000908834-24-000216
- form_type: 8-K
- ticker: FNWD
- cik: 0000919864
- company_name: Finward Bancorp
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919864/000090883424000216/0000908834-24-000216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919864/000090883424000216/finward_8k08292024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908834-24-000216
- JSON: https://secwatch.observer/filing/0000908834-24-000216.json
- Plain text: https://secwatch.observer/filing/0000908834-24-000216.txt

## Key facts
- Executive change
  Carolyn M. Burke was appointed as Director at Finward Bancorp.
  - Action: appointed
  - Role: Director
  source text: appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp, with such appointments to be effective as of September 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/919864/000090883424000216/0000908834-24-000216-index.htm
- Executive change
  Jennifer R. Evans was appointed as Director at Finward Bancorp.
  - Action: appointed
  - Role: Director
  source text: appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp, with such appointments to be effective as of September 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/919864/000090883424000216/0000908834-24-000216-index.htm
- Executive change
  Martin P. Alwin was appointed as Director at Finward Bancorp.
  - Action: appointed
  - Role: Director
  source text: appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp, with such appointments to be effective as of September 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/919864/000090883424000216/0000908834-24-000216-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.