FNWDFinward BancorpFinancial Services · Banks - Regionalas of 2026-09-16
Horizon

Issued 2026-09-16 at $42.84 · now $42.84 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, FNWD has typically landed between $37.50 and $48.94 — a range of −12.5% to +14.2% from the issuance price $42.84.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

5,003 overlapping 1 month windows · 2006-09-262026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($42.84) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where FNWD has typically landed a month from the 2026-09-16 close of $42.84 — the range is history, not a prediction.

$37.5worst · -12.5%$48.94best · +14.2%
  • now $42.84 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $42.79 (-0.1%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $40.55$45.03
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $37.5$48.94
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 5,003 windows spanning 2006-09-26 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2023-05-05−29.2%−29.2%+0.0%
2023-05-04−28.9%−28.9%+0.0%
2020-02-25−28.9%−28.9%+0.0%
3 best
2012-01-17+42.8%+0.0%+42.8%
2012-01-13+42.8%+0.0%+42.8%
2012-01-09+42.8%−1.8%+42.8%

5,003 overlapping windows · 2006-09-262026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~20 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
55%
+1.2%
n=20
Feb
45%
+1.2%
n=20
Mar
60%
−0.6%
n=20
Apr
55%
−0.6%
n=20
May
35%
−2.2%
n=20
Jun
65%
+1.5%
n=20
Jul
60%
+2.5%
n=20
Aug
30%
−1.6%
n=20
Sep
70%
+2.7%
n=20
Oct
45%
−0.3%
n=20
Nov
65%
+1.3%
n=20
Dec
70%
+2.1%
n=20

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$45$292026-06-30: 6 insider purchases, $4K — Lowry Robert T, Scheub Todd M., Puntillo Anthony, Bochnowski Benjamin J …2026-03-31: 3 insider purchases, $3K — Lowry Robert T, Scheub Todd M., Bochnowski Benjamin J2025-12-30: 3 insider purchases, $3K — Lowry Robert T, Scheub Todd M., Bochnowski Benjamin J2025-12: 3 open-market purchases, $3K2026-03: 3 open-market purchases, $3K2026-06: 6 open-market purchases, $4K↑ buys↓ salesofficer Lowry Robert T — Purchase on 2026-06-30, filed 1 day after the tradeofficer Scheub Todd M. — Purchase on 2026-06-30, filed 1 day after the tradedirector Puntillo Anthony — Purchase on 2026-06-30, filed 1 day after the tradedirector Bochnowski Benjamin J — Purchase on 2026-06-30, filed 1 day after the tradedirector Johnson Robert E. III — Purchase on 2026-06-30, filed 2 days after the tradedirector Han Amy Wong — Purchase on 2026-06-30, filed 1 day after the tradeofficer Lowry Robert T — Purchase on 2026-03-31, filed 1 day after the tradeofficer Scheub Todd M. — Purchase on 2026-03-31, filed 1 day after the tradedirector Bochnowski Benjamin J — Purchase on 2026-03-31, filed 1 day after the tradeofficer Lowry Robert T — Purchase on 2025-12-30, filed 59 days after the tradeofficer Scheub Todd M. — Purchase on 2025-12-30, filed 59 days after the tradedirector Bochnowski Benjamin J — Purchase on 2025-12-30, filed 59 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-06-30Lowry Robert TofficerPurchase51 @ $36.00$2K+0.3% of holding+21.3%not yet — horizon still open15,244Form 4 · filed 1 day after the trade
2026-06-30Scheub Todd M.officerPurchase39 @ $36.00$1K+0.3% of holding+21.3%not yet — horizon still open11,727Form 4 · filed 1 day after the trade
2026-06-30Puntillo AnthonydirectorPurchase7 @ $35.75$233+0.3% of holding+21.3%not yet — horizon still open2,321Form 4 · filed 1 day after the trade
2026-06-30Bochnowski Benjamin JdirectorPurchase6 @ $36.00$223+0.3% of holding+21.3%not yet — horizon still open1,868Form 4 · filed 1 day after the trade
2026-06-30Johnson Robert E. IIIdirectorPurchase5 @ $35.75$195+0.1% of holding+21.3%not yet — horizon still open3,753Form 4 · filed 2 days after the trade
2026-06-30Han Amy WongdirectorPurchase4 @ $35.75$128+0.0% of holding+21.3%not yet — horizon still open8,560Form 4 · filed 1 day after the trade
2026-03-31Lowry Robert TofficerPurchase50 @ $36.50$2K+0.3% of holding−21.8%not yet — horizon still open15,194Form 4 · filed 1 day after the trade
2026-03-31Scheub Todd M.officerPurchase38 @ $36.50$1K+0.3% of holding−21.8%not yet — horizon still open11,688Form 4 · filed 1 day after the trade
2026-03-31Bochnowski Benjamin JdirectorPurchase6 @ $36.50$223+0.3% of holding−21.8%not yet — horizon still open1,862Form 4 · filed 1 day after the trade
2025-12-30Lowry Robert TofficerPurchase51 @ $35.56$2K+0.3% of holding+2.7%−4.4%15,144Form 4 · filed 59 days after the trade
2025-12-30Scheub Todd M.officerPurchase39 @ $35.56$1K+0.3% of holding+2.7%−4.4%11,649Form 4 · filed 59 days after the trade
2025-12-30Bochnowski Benjamin JdirectorPurchase6 @ $35.56$222+0.3% of holding+2.7%−4.4%1,856Form 4 · filed 59 days after the trade
2025-06-13Schmitt Benjamin LouisofficerPurchase500 @ $28.98$14K+9.8% of holding−9.5%+21.4%5,577Form 4 · filed 4 days after the trade
2025-06-13Bochnowski Benjamin JdirectorPurchase100 @ $29.00$3K+0.3% of holding−9.5%+21.4%29,989Form 4 · filed 3 days after the trade
2025-06-12Bochnowski Benjamin JdirectorPurchase260 @ $29.75$8K+0.9% of holding−10.7%+20.7%29,889Form 4 · filed 4 days after the trade
2025-05-12Lowry Robert TofficerPurchase59 @ $30.52$2K+0.4% of holding−7.4%−6.3%15,037Form 4 · filed 3 days after the trade
2025-05-12Scheub Todd M.officerPurchase45 @ $30.52$1K+0.4% of holding−7.4%−6.3%11,567Form 4 · filed 2 days after the trade
2025-05-12Bochnowski Benjamin JdirectorPurchase7 @ $30.52$220+0.4% of holding−7.4%−6.3%1,843Form 4 · filed 2 days after the trade
2025-04-27Scheub Todd M.officerSale375 @ $30.92$12K−5.4% of holding−10.6%−15.9%6,549Form 4 · filed 17 days after the trade
2025-03-12Bochnowski Benjamin JdirectorPurchase1,000 @ $28.70$29K+3.5% of holding+4.5%−9.2%29,629Form 4 · filed same day
2025-03-11Youman Robert W.directorPurchase1,400 @ $27.76$39K+6.6% of holding+6.4%−3.3%22,773Form 4 · filed 2 days after the trade
2025-03-11Schmitt Benjamin LouisofficerPurchase400 @ $27.82$11K+8.6% of holding+6.4%−3.3%5,077Form 4 · filed 1 day after the trade
2025-03-10Bochnowski Benjamin JdirectorPurchase579 @ $27.98$16K+2.1% of holding+15.0%−0.1%28,629Form 4 · filed 2 days after the trade
2025-03-07Bochnowski Benjamin JdirectorPurchase160 @ $27.95$4K+0.6% of holding+15.1%+3.4%28,050Form 4 · filed 5 days after the trade
2025-02-28Alwin Martin PdirectorPurchase817 @ $26.71$22K+81.7% of holding+13.4%+10.3%1,817Form 4 · filed same day
2025-02-28Schmitt Benjamin LouisofficerPurchase500 @ $26.56$13K+12.0% of holding+13.4%+10.3%4,677Form 4 · filed same day
2025-02-28Alwin Martin PdirectorPurchase94 @ $26.70$3K+5.2% of holding+13.4%+10.3%1,911Form 4 · filed same day
2025-02-27BURKE CAROLYN M.directorPurchase550 @ $26.45$15K+20.8% of holding+14.1%+8.8%3,200Form 4 · filed 1 day after the trade
2025-02-24BURKE CAROLYN M.directorPurchase350 @ $26.50$9K+15.2% of holding+13.4%+6.3%2,650Form 4 · filed 4 days after the trade
2025-02-07BURKE CAROLYN M.directorPurchase800 @ $26.50$21K+53.3% of holding+13.5%+2.2%2,300Form 4 · filed 3 days after the trade
2025-02-07Schmitt Benjamin LouisofficerPurchase500 @ $27.00$14K−11.1% of holding+13.5%+2.2%4,001Form 4 · filed same day
2025-02-06BURKE CAROLYN M.directorPurchase500 @ $26.85$13K+50.0% of holding+11.8%+1.5%1,500Form 4 · filed 4 days after the trade
2025-02-03BURKE CAROLYN M.directorPurchase1,000 @ $26.80$27Kownership Δ n/a+2.7%−1.9%1,000Form 4 · filed 7 days after the trade
2025-02-03Bochnowski Benjamin JdirectorPurchase200 @ $26.75$5K+0.7% of holding+2.7%−1.9%28,844Form 4 · filed 1 day after the trade
2024-12-13Schmitt Benjamin LouisofficerPurchase500 @ $31.13$16K+16.7% of holding−11.6%−6.7%3,490Form 4 · filed same day
2024-12-05Bochnowski Benjamin JdirectorPurchase233 @ $31.01$7K+0.8% of holding−5.7%−3.6%28,644Form 4 · filed 4 days after the trade
2024-02-14Bochnowski Benjamin JdirectorPurchase37 @ $26.65$986+0.1% of holding−3.5%+2.6%28,881Form 4 · filed 366 days after the trade
2024-02-03Lowry Robert TofficerPurchase66 @ $27.02$2K+0.4% of holding−7.1%+11.7%14,978Form 4 · filed 369 days after the trade
2024-02-03Scheub Todd M.officerPurchase51 @ $27.02$1K+0.4% of holding−7.1%+11.7%11,522Form 4 · filed 369 days after the trade
2024-02-03Schmitt Benjamin LouisofficerPurchase11 @ $27.10$299+0.3% of holding−7.1%+11.7%3,501Form 4 · filed 369 days after the trade
2024-02-03Bochnowski Benjamin JdirectorPurchase8 @ $27.02$219+0.4% of holding−7.1%+11.7%1,836Form 4 · filed 369 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

26 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-05-22Han Amy WongdirectorAward / grant3728,557Form 4
2026-05-22Johnson Robert E. IIIdirectorAward / grant3723,747Form 4
2026-05-22Evans JenniferdirectorAward / grant372806Form 4
2026-05-22Alwin Martin PdirectorAward / grant372806Form 4
2026-05-22GORELICK JOELdirectorAward / grant3722,492Form 4
2026-05-22Puntillo AnthonydirectorAward / grant3722,314Form 4
2026-05-22Youman Robert W.directorAward / grant372806Form 4
2026-02-25Bochnowski Benjamin JdirectorAward / grant69730,686Form 4
2026-02-25Scheub Todd M.officerAward / grant5297,078Form 4
2026-02-25Schmitt Benjamin LouisofficerAward / grant4195,996Form 4
2026-02-25Lowry Robert TofficerAward / grant36911,216Form 4
2025-07-11Han Amy WongdirectorAward / grant4348,178Form 4
2025-07-11Evans JenniferdirectorAward / grant434434Form 4
2025-07-11Garza DanettedirectorAward / grant4346,453Form 4
2025-07-11Alwin Martin PdirectorAward / grant434434Form 4
2025-07-11BURKE CAROLYN M.directorAward / grant4344,384Form 4
2025-07-11Johnson Robert E. IIIdirectorAward / grant4343,363Form 4
2025-07-11Youman Robert W.directorAward / grant434434Form 4
2025-07-11Puntillo AnthonydirectorAward / grant4341,927Form 4
2025-07-11GORELICK JOELdirectorAward / grant4342,120Form 4
2025-02-14Scheub Todd M.officerAward / grant2576,924Form 4
2025-02-14Lowry Robert TofficerAward / grant19710,847Form 4
2025-02-14Schmitt Benjamin LouisofficerAward / grant1764,177Form 4
2025-02-11Bochnowski Benjamin JdirectorDisposition99127,890Form 4
2025-02-11Scheub Todd M.officerDisposition4276,667Form 4
2025-02-11Lowry Robert TofficerDisposition41110,650Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.