{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-019157","form_type":"8-K","ticker":"FNWD","cik":"0000919864","company_name":"Finward Bancorp","filed_at":"2023-07-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.026217+00:00","generated_at":"2026-06-13T13:35:08.239760+00:00","sec_items":["5.02","8.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"David Bochnowski retires as Executive Chairman; Benjamin Bochnowski becomes Chairman effective June 30, 2023","bullets":["David A. Bochnowski retired as Executive Chairman and Board member effective June 30, 2023.","Benjamin J. Bochnowski, current President & CEO, succeeded as Chairman of the Board on same date.","Board size reduced from 11 to 10 members due to retirement; expects to appoint new director later.","Benjamin Bochnowski receives no additional compensation for Chairman role beyond existing agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-019157","json":"https://secwatch.observer/filing/0001437749-23-019157.json","markdown":"https://secwatch.observer/filing/0001437749-23-019157.md","text":"https://secwatch.observer/filing/0001437749-23-019157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/0001437749-23-019157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/fnwd20230630_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T13:35:08.239760+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":"02f1ed7ddf","claim":"Benjamin J. Bochnowski was appointed as Chairman of the Board at Finward Bancorp.","evidence_excerpt":"Also as previously reported, effective as of June 30, 2023, Benjamin J. Bochnowski, currently the Bancorp’s President and Chief Executive Officer and a member of the Board, has succeeded David Bochnowski as Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/0001437749-23-019157-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"eee4042cc8","claim":"David A. Bochnowski retired as Executive Chairman at Finward Bancorp.","evidence_excerpt":"As previously reported, David A. Bochnowski has retired as Executive Chairman and as a member of the Board of Directors (the “ Board ”) of Finward Bancorp (the “ Bancorp ”) effective as of June 30, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/919864/000143774923019157/0001437749-23-019157-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}