---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-050720"
form_type: "8-K"
ticker: "FNWD"
cik: "0000919864"
company_name: "Finward Bancorp"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T10:17:12.246872+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Finward Bancorp closes sale-leaseback of five branches for $17.2M with MountainSeed

## Summary
- Sold five branch properties to MountainSeed Real Estate Services for $17.2M aggregate purchase price.
- Entered into 15-year lease agreements; obligations guaranteed by Finward Bancorp.
- No branch closures or market exits as part of the transaction.
- Proceeds intended for general corporate purposes, including potential reduction of borrowed funds.
- Closed on February 22, 2024; previously announced on Jan 29 Sale Agreement.

## SEC filing metadata
- accession: 0001193125-24-050720
- form_type: 8-K
- ticker: FNWD
- cik: 0000919864
- company_name: Finward Bancorp
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919864/000119312524050720/0001193125-24-050720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919864/000119312524050720/d792191d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-050720
- JSON: https://secwatch.observer/filing/0001193125-24-050720.json
- Plain text: https://secwatch.observer/filing/0001193125-24-050720.txt

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