Forward Air Corp
FWRDFigures shown here come from public SEC filings. Dates beside each section show the available history.
How Forward Air Corp Makes Money
Follow each dollar of revenue through to what shareholders keep.
From revenue to net income
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Financial Summary
Choose a year or quarter, compare it with the same period a year earlier, and open any row for its full filing history.
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SEC filings supply these figures; updates after the dates shown are not included. This page includes 18 annual periods. The latest annual period ends Dec 31, 2025. The latest insider filing shown is dated Jun 22, 2026.
Ownership
Who holds the shares, as reported in SEC ownership filings.
Unusually large insider trades
Each trade is compared with the other insider trades of the same kind in the same security among Forward Air Corp's recent filings on file. Size alone is context, not a prediction or evidence of improper trading.
- 2025-11-10 · Cetus Capital VI, L.P.: Larger than all 8 other insider sales of Common Stock on file. SEC filing
- 2025-10-20 · Cetus Capital VI, L.P.: Larger than all 18 other insider purchases of Common Stock on file. SEC filing
- 2023-08-17 · Schmitt Thomas: Larger than 17 of the 18 other insider purchases of Common Stock on file. SEC filing
Independent insiders buying near the same time
- 2023-08-18–2023-08-25: 9 event(s) across 8 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing , filing , filing , filing , filing , filing , filing )
- 2023-08-17–2023-08-22: 12 event(s) across 12 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing , filing , filing , filing , filing , filing , filing , filing , filing , filing )
Purchases & sales (open market or private)
| Security | Code | Price | Filing | |||
|---|---|---|---|---|---|---|
| 2025-11-12 | Cetus Capital VI, L.P. · 10% owner | Common Stock | S — Open market or private sale | −10,000 | 22.38 | SEC filing |
| 2025-11-11 | Cetus Capital VI, L.P. · 10% owner | Common Stock | S — Open market or private sale | −67,163 | 21.71 | SEC filing |
| 2025-11-10 | Cetus Capital VI, L.P. · 10% owner | Common Stock | S — Open market or private sale | −30,000 | 22.66 | SEC filing |
| 2025-11-10 | Cetus Capital VI, L.P. · 10% owner | Common Stock | S — Open market or private sale | −90,000 | 21.55 | SEC filing |
| 2025-11-06 | Cetus Capital VI, L.P. · 10% owner | Common Stock | S — Open market or private sale | −74,716 | 21.85 | SEC filing |
| 2025-11-06 | Cetus Capital VI, L.P. · 10% owner | Common Stock | S — Open market or private sale | −284 | 22.39 | SEC filing |
| 2025-10-20 | Cetus Capital VI, L.P. · 10% owner | Common Stock | P — Open market or private purchase | +10,000 | 18.86 | SEC filing |
| 2025-10-20 | Cetus Capital VI, L.P. · 10% owner | Common Stock | P — Open market or private purchase | +215,000 | 17.89 | SEC filing |
Showing 8 of 19 rows
Grants, exercises, tax & gifts
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2026-06-18 | Boyles Dale W · Director | Common Stock | A — Grant, award, or other acquisition | +9,545 | SEC filing |
| 2026-06-18 | Gorjanc Christine Marie · Director | Common Stock | A — Grant, award, or other acquisition | +9,545 | SEC filing |
| 2026-06-18 | Svindland Paul C. · Director | Common Stock | A — Grant, award, or other acquisition | +9,545 | SEC filing |
| 2026-04-29 | Stewart Shawn · Chief Executive Officer | Common Stock | F — Payment of exercise price or tax by delivering securities | −4,136 | SEC filing |
| 2026-03-16 | Pierson Jamie G. · CFO | Common Stock | A — Grant, award, or other acquisition | +5,732 | SEC filing |
| 2026-03-16 | Stewart Shawn · Chief Executive Officer | Common Stock | A — Grant, award, or other acquisition | +18,692 | SEC filing |
| 2026-03-15 | Hance Michael L · CLO and Secretary | Common Stock | F — Payment of exercise price or tax by delivering securities | −4,868 | SEC filing |
| 2026-03-15 | Hance Michael L · CLO and Secretary | Common Stock | F — Payment of exercise price or tax by delivering securities | −869 | SEC filing |
Showing 8 of 30 rows
Other activity
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2025-05-06 | HODGE MICHAEL B · Director | Class B Units | D — Disposition to the issuer | −70,000 | SEC filing |
| 2024-10-30 | HODGE MICHAEL B · Director | Class B Units | J — Other acquisition or disposition | +560,774 | SEC filing |
| 2024-10-30 | HODGE MICHAEL B · Director | Class B Units | J — Other acquisition or disposition | −991,945 | SEC filing |
| 2024-10-30 | HODGE MICHAEL B · Director | Series B Preferred Units | J — Other acquisition or disposition | +560,774 | SEC filing |
| 2024-10-30 | HODGE MICHAEL B · Director | Series B Preferred Units | J — Other acquisition or disposition | −991,945 | SEC filing |
| 2024-07-09 | HODGE MICHAEL B · Director | Class B Units | J — Other acquisition or disposition | +21,788 | SEC filing |
| 2024-07-09 | HODGE MICHAEL B · Director | Series B Preferred Units | J — Other acquisition or disposition | +21,788 | SEC filing |
| 2024-07-09 | HODGE MICHAEL B · Director | Series C-2 Units | J — Other acquisition or disposition | +37,678 | SEC filing |
Showing 8 of 10 rows
These tables describe filed transactions, not current holdings. Prices are shown as filed; a currency is added only when the filing's data names one. Amended and possible duplicate rows are left out of size comparisons and transaction groups.