Companies: 10,795·Total market cap: $144.5T
Forward Air Corporation

Forward Air Corporation

FWRDNASDAQIndustrials● Active
$11.52
+$1.16(+11.15%)
Market Cap$364162405
P/E Ratio
52W High$32.47
52W Low$7.86

Forward Air Corporation (FWRD) Insider Trading

Form 4 buy vs sell counts, ratio, and sentiment — switch this quarter or last 12 months; chart and transactions below.

SEC EDGAR · FMP · FWRD · as of Jun 8, 2026

Activity summary

Buy transactions

2

P-Purchase only

Sell transactions

7

12 Months

Buy/Sell ratio

0.29

Buy/Sell (by trades)

Overall sentiment

BEARISH
↑ Buy 22%Active transactions only · RSU vesting excluded78% Sell ↓

Forward Air Corporation insiders have been primarily selling shares over the past 12 Months. Selling activity is often driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment toward the company.

Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · Buy = P-Purchase only · Sell = S-Sale only

As of Jun 8, 2026

FWRD insider buying and selling by quarter

FWRD insider selling · FWRD insider buying stocks · quarterly insider activity

Total insider buying (incl. awards)Total insider selling
4.5M2.3M0
2025 Q3
2025 Q4
2026 Q1
2026 Q2

Mobile shows last 4Q · Desktop shows full 8Q

Source: SEC EDGAR · Form 3 & 4 · via Financial Modeling Prep · last 8 quarters

As of Jun 8, 2026

Active insiders

Most active in past 12 months · FWRD ceo insider trading

Showing all insiders · Click a card to filter the transactions table below

Aggregated from reportingName · top 5 by trade count (12M) · no extra API

Recent insider transactions

FWRD executive sell shares · FWRD board member insider trading · FWRD insider trading SEC filing

Showing 73 most recent · Common Stock · Form 4 only

Scroll horizontally to see all columns

Stewart Shawn

CEO · Director

Other

Date

Apr 29

Shares

4,136

Price

$21.51

Value

$89K

View Form 4 on SEC.gov

OSBORNE TIMOTHY R

Executive VP of Operations

Other

Date

Mar 15

Shares

2,109

Price

$16.05

Value

$34K

View Form 4 on SEC.gov

OSBORNE TIMOTHY R

Executive VP of Operations

Other

Date

Mar 15

Shares

483

Price

$16.05

Value

$8K

View Form 4 on SEC.gov

Hance Michael L

CLO and Secretary

Other

Date

Mar 15

Shares

4,868

Price

$16.05

Value

$78K

View Form 4 on SEC.gov

Hance Michael L

CLO and Secretary

Other

Date

Mar 15

Shares

869

Price

$16.05

Value

$14K

View Form 4 on SEC.gov

Pierson Jamie G.

CFO

Award

Date

Mar 16

Shares

5,732

Price

Value

View Form 4 on SEC.gov

Stewart Shawn

CEO · Director

Award

Date

Mar 16

Shares

18,692

Price

Value

View Form 4 on SEC.gov

Stewart Shawn

CEO · Director

Award

Date

Feb 19

Shares

43,197

Price

Value

View Form 4 on SEC.gov

Stewart Shawn

CEO · Director

Other

Date

Feb 19

Shares

3,214

Price

$27.78

Value

$89K

View Form 4 on SEC.gov

Pierson Jamie G.

CFO

Award

Date

Feb 19

Shares

20,698

Price

Value

View Form 4 on SEC.gov

Pierson Jamie G.

CFO

Other

Date

Feb 19

Shares

1,662

Price

$27.78

Value

$46K

View Form 4 on SEC.gov

Hance Michael L

CLO and Secretary

Award

Date

Feb 19

Shares

10,799

Price

Value

View Form 4 on SEC.gov

Hance Michael L

CLO and Secretary

Other

Date

Feb 19

Shares

946

Price

$27.78

Value

$26K

View Form 4 on SEC.gov

Brandt Eric Frederick

Chief Commercial Officer

Award

Date

Feb 19

Shares

8,999

Price

Value

View Form 4 on SEC.gov

Brandt Eric Frederick

Chief Commercial Officer

Other

Date

Feb 19

Shares

1,057

Price

$27.78

Value

$29K

View Form 4 on SEC.gov

OSBORNE TIMOTHY R

Executive VP of Operations

Award

Date

Feb 19

Shares

5,850

Price

Value

View Form 4 on SEC.gov

OSBORNE TIMOTHY R

Executive VP of Operations

Other

Date

Feb 19

Shares

513

Price

$27.78

Value

$14K

View Form 4 on SEC.gov

Smith Douglas James

CPO

Award

Date

Feb 19

Shares

5,850

Price

Value

View Form 4 on SEC.gov

Smith Douglas James

CPO

Other

Date

Feb 19

Shares

516

Price

$27.78

Value

$14K

View Form 4 on SEC.gov

HERREN JESSICA L

Chief Supply Chain Officer

Award

Date

Feb 19

Shares

4,950

Price

Value

View Form 4 on SEC.gov

HERREN JESSICA L

Chief Supply Chain Officer

Other

Date

Feb 19

Shares

436

Price

$27.78

Value

$12K

View Form 4 on SEC.gov

LORRAIN Jerome Jean-Pierre

Executive Chairman · Director

Award

Date

Feb 19

Shares

10,799

Price

Value

View Form 4 on SEC.gov

Faught James R.

CAO

Award

Date

Feb 19

Shares

2,340

Price

Value

View Form 4 on SEC.gov

Faught James R.

CAO

Other

Date

Feb 19

Shares

362

Price

$27.78

Value

$10K

View Form 4 on SEC.gov

Cetus Capital VI, L.P.

10 percent owner

Purchase

Date

Oct 20

Shares

10,000

Price

$18.86

Value

$189K

View Form 4 on SEC.gov

⚡ = value ≥ $1M · Award/Option price shows — · formType=4 · securityName=Common Stock · url → sec.gov/Archives/edgar

1 / 3

Source: SEC EDGAR · Form 4 filings · ⚡ = value ≥ $1M · Award/Option price shows —

About FWRD insider trading

FWRD insider trades

Forward Air Corporation (FWRD) insider trading data is sourced from SEC Form 4 filings submitted by corporate insiders, including Cetus Capital VI, L.P. (10 percent owner), OSBORNE TIMOTHY R (Executive VP of Operations), Hance Michael L (CLO and Secretary). Over the past 12 months, 5 insiders have filed transactions with the SEC. FWRD insiders have been primarily selling, which may reflect pre-scheduled Rule 10b5-1 plan executions.

For Forward Air Corporation's institutional ownership breakdown and insider ownership percentage, see the Ownership tab → Ownership tab →

Buy/Sell signal logic
acquisitionOrDisposition field:
A = Acquisition (buy) · D = Disposition (sell)
RSU vesting (M-Exempt) excluded from sentiment
Form 4SEC filing required within 2 business days of any insider transaction
10b5-1Pre-scheduled trading plan that allows insiders to sell on autopilot
Open MktDirect purchase or sale on the open market (excludes awards, options)

Frequently asked questions

FWRD insider trading · 5 questions

The insiders of Forward Air Corporation (FWRD) include executives and directors such as Cetus Capital VI, L.P. (10 percent owner), OSBORNE TIMOTHY R (Executive VP of Operations), Hance Michael L (CLO and Secretary), among others. Over the past 12 months, 5 insiders have filed Form 4 transactions with the SEC. Insider transactions are required to be reported within 2 business days of the trade date.

FWRD board member insider tradingwho are FWRD insidersFWRD insider rosterForward Air Corporation executives insider activity

Source: FMP /stable/insider-trading/search · SEC EDGAR Form 3 & 4 · acquisitionOrDisposition A=Buy, D=Sell · RSU vesting (M-Exempt) excluded from sentiment bar · As of Jun 8, 2026