Douglas James Smith - 19 Feb 2026 Form 4 Insider Report for FORWARD AIR CORP (FWRD)

Signature
/s/ Michael L. Hance, Attorney-in-Fact
Issuer symbol
FWRD
Transactions as of
19 Feb 2026
Net transactions value
-$14,334
Form type
4
Filing time
23 Feb 2026, 15:14:17 UTC
Previous filing
16 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smith Douglas James Chief People Officer 3200 OLYMPUS BOULEVARD, SUITE 300, DALLAS /s/ Michael L. Hance, Attorney-in-Fact 23 Feb 2026 0001786412

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWRD Common Stock Award $0 +5,850 +73% $0.000000 13,810 19 Feb 2026 Direct F1
transaction FWRD Common Stock Tax liability $14,334 -516 -3.7% $27.78 13,294 19 Feb 2026 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock, which vests equally on each of the first, second and third anniversaries of the grant date, subject to the Reporting Person's continuous employment through the applicable vesting date.
F2 Represents shares withheld by Issuer to satisfy minimum tax withholding obligations upon the vesting and net settlement of restricted stock.