JOSEPH MICHAEL TOMASELLO - 04 Feb 2024 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Role
Chief Information Officer
Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
04 Feb 2024
Net transactions value
$0
Form type
4
Filing time
29 Mar 2024, 18:45:46 UTC
Previous filing
09 Feb 2023
Next filing
01 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Tax liability $0 -215 -2.4% $0.000000 8,913 04 Feb 2024 Direct F1
transaction FWRD Common Stock Tax liability $0 -134 -1.5% $0.000000 8,779 07 Feb 2024 Direct F2
transaction FWRD Common Stock Tax liability $0 -151 -1.7% $0.000000 8,628 08 Feb 2024 Direct F3
transaction FWRD Common Stock Award $0 +5,801 +67% $0.000000 14,429 15 Mar 2024 Direct F4
transaction FWRD Common Stock Award $0 +9,996 +69% $0.000000 24,425 15 Mar 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 4, 2024.
F2 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 7, 2024.
F3 Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 8, 2024.
F4 Represents an award of restricted stock. The restricted stock vests in equal installments on March 15, 2025, March 15, 2026, and March 15, 2027.
F5 Represents a retention award of restricted stock which will vest on March 15, 2026 subject to continued service through the vesting date.