Forward AIR Corp. (FWRD) insider trading: who bought and sold

FWRD insider activity

40 transactions on file (2 open-market purchases and 7 open-market sales).

Scheduled or decided

7 open-market sales by FWRD insiders, between Oct 14, 2025 and Nov 12, 2025.

A sale made under a trading plan agreed months earlier is not the same event as one decided that week, and the filing itself says which.

Discretionary. The box was on the form and was not ticked. The sale was made at the prevailing price without a pre-arranged plan behind it.: $6.58M; 2 filings · 1 person
Planned (10b5-1). The filer ticked the Form 4's 10b5-1 box. The sale ran under a trading plan adopted before the trade, so it is a schedule executing rather than a view taken this week.: None; no sales on file
Not stated. The filing does not say. Either it predates the April 2023 checkbox, or nothing has re-read it since. This tab will not guess which of the other two it was.: None; no sales on file

The 2 open-market purchases on file carry no plan label.

The box can be ticked on a buy, and labelling one would qualify the rarer and more informative of the two signals.

Recent transactions 40 filed

Date	Insider	Type	Shares	Price	Value	Owned after
2026-06-18	Svindland Paul C. Director Grant / award	Grant / award	+9,545	$0.00	+0	15,977
2026-06-18	Boyles Dale W Director Grant / award	Grant / award	+9,545	$0.00	+0	22,940
2026-06-18	Gorjanc Christine Marie Director Grant / award	Grant / award	+9,545	$0.00	+0	22,940
2026-04-29	Stewart Shawn Chief Executive Officer · Director Tax withholding	Tax withholding	−4,136	$21.51	−88.97K	144,030
2026-03-16	Stewart Shawn Chief Executive Officer · Director Grant / award	Grant / award	+18,692	$0.00	+0	148,166

35 more transactions are on Measure

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Each insider's stake 1 person

Insider	Role	On Sep 23, 2025	Now	Change	Sold	Shape
Cetus Capital VI, L.P.10% owner	10% owner	3,093,709	3,116,546	+0.74%	$6.58M$6.58M no plan

What each insider held after every open-market trade, over the last twelve months.

The figure is each person’s holding as they reported it. It counts one class of stock and excludes grants, option exercises and shares withheld for tax, so a stake can fall here while somebody’s total holding does not. Since April 2023 a Form 4 states whether a trade ran under a pre-arranged 10b5-1 plan; an older one does not, and those dollars read “not stated” rather than being counted either way.

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What an account lets you do with FWRD's filings

Source

From SEC Form 4 filings, filed within two business days of a transaction.

They are filed by officers, directors and 10%-owners. “Indirect” holdings (a trust, an LLC, a family member) are included and not distinguished from direct ones in this table.

Past transactions say nothing about future ones, and none of this is investment advice.

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What an account lets you do with FWRD's filings

After each open-market trade