{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-000661","form_type":"8-K","ticker":"FNWD","cik":"0000919864","company_name":"Finward Bancorp","filed_at":"2023-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.573059+00:00","generated_at":"2026-06-20T19:11:48.381004+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Finward Bancorp Chief Risk Officer/General Counsel Cerven to retire May 2023; Klemm named interim","bullets":["Leane E. Cerven will retire as EVP, CRO, General Counsel, and Corporate Secretary effective May 5, 2023.","Retirement is not related to any disagreement with the Bancorp regarding financial or accounting matters.","Lynette M. Klemm, current Director of Audit, appointed Interim Chief Risk Officer pending a permanent replacement.","Bridget Stout, Senior Auditor, will serve as Interim Director of Audit.","Ms. Klemm brings 34 years of internal audit experience and holds multiple industry certifications."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-000661","json":"https://secwatch.observer/filing/0001437749-23-000661.json","markdown":"https://secwatch.observer/filing/0001437749-23-000661.md","text":"https://secwatch.observer/filing/0001437749-23-000661.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/919864/000143774923000661/0001437749-23-000661-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/919864/000143774923000661/fnwd20230106_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T19:11:48.381004+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":[{"claim_id":"ba7a24fdad","claim":"Leane E. Cerven departed as Executive Vice President, Chief Risk Officer, General Counsel, and Corporate Secretary at Finward Bancorp.","evidence_excerpt":"Leane E. Cerven, Executive Vice President, Chief Risk Officer, General Counsel, and Corporate Secretary, will be retiring from her role at the Bancorp and its wholly-owned bank subsidiary, Peoples Bank (the “ Bank ”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/919864/000143774923000661/0001437749-23-000661-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"Executive Vice President, Chief Risk Officer, General Counsel, and Corporate Secretary"}],"fact_type":"executive_change"},{"claim_id":"fa96dff8e0","claim":"Lynette M. Klemm was appointed as Interim Chief Risk Officer at Finward Bancorp.","evidence_excerpt":"Effective upon Ms. Cerven’s retirement, Lynette M. Klemm, the current Director of Audit for the Bank, will replace Ms. Cerven as the Interim Chief Risk Officer for the Bancorp and the Bank, until such time as a permanent appointment may be made.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/919864/000143774923000661/0001437749-23-000661-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Risk Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}