Forward Air CORP

Market Movers (8-K)

NASDAQ
Forward Air Corporation announced a non-binding MOU with a major customer to retain at least half of the approximate $250 million in annual revenue, extending the contract for two years.
NASDAQ
Forward Air Corporation announced the resignation of Jerome Lorrain as Executive Chairman, who will remain a director, and the appointment of Christine M. Gorjanc as the new independent Chair of the Board.
NASDAQ
Forward Air Corporation's stockholders approved director elections, executive compensation, auditor ratification, and an incentive plan amendment at their June 17, 2026 annual meeting.
NASDAQ
Forward Air Corporation announced its first quarter 2026 financial results, highlighting improved operating income and strong liquidity, while also providing an update on strategic alternatives and a significant customer transition.
NASDAQ
Forward Air Corporation announced that two directors, Charles L. Anderson and Robert L. Edwards, Jr., will not seek re-election at the upcoming annual meeting, leading to a reduction in the board size.
NASDAQ
Forward Air Corporation reported solid full-year 2025 results, driven by strong performance in its Omni and Expedited Freight segments despite challenging freight market conditions.
Better than expected

Quarterly Earnings (10-Q)

NASDAQ
Forward Air Corporation reported a net loss of $34.3 million for Q1 2026, an improvement from the prior year's loss, driven by revenue shifts and expense management.
NASDAQ
Forward Air Corporation reported a significantly reduced net loss for Q3 2025, driven by the absence of prior year's goodwill impairment and improved operating cash flow, while its strategic alternatives review continues.
Better than expected
NASDAQ
Forward Air Corporation reported a significantly reduced net loss for Q2 2025, primarily due to the absence of a prior-year goodwill impairment, while announcing a strategic review to maximize shareholder value.
Capital raise
Better than expected
NASDAQ
Forward Air Corporation's Q1 2025 results show increased operating revenue but a continued net loss, as the company undergoes a strategic review.
Worse than expected
NASDAQ
Forward Air Corporation's Q3 2024 results reflect the impact of the Omni Logistics acquisition, including a significant goodwill impairment, leading to a net loss despite increased operating revenue.
Worse than expected
NASDAQ
Forward Air Corporation reported a substantial net loss in the second quarter of 2024, primarily due to a significant goodwill impairment charge related to its recent acquisition of Omni Logistics.
Worse than expected

Annual Reports (10-K)

NASDAQ
Forward Air Corporation files Amendment No. 3 to its 2024 Annual Report on Form 10-K/A to include previously omitted information regarding directors, executive officers, corporate governance, executive compensation, security ownership, related transactions, and accounting fees.
NASDAQ
Forward Air Corporation files Amendment No. 2 to its Annual Report on Form 10-K for the year ended December 31, 2024, to incorporate the Dodd-Frank Executive Officer Clawback Policy.
NASDAQ
Forward Air Corporation filed an amendment to its 2024 Annual Report on Form 10-K to replace an incorrect exhibit related to the description of its capital stock.
NASDAQ
Forward Air Corporation reported a substantial net loss for 2024, primarily due to the Omni Logistics acquisition and a related goodwill impairment charge.
Worse than expected
NASDAQ
Forward Air Corporation files an amended 10-K report detailing its capital stock, governance structure, executive compensation, and related matters.
Worse than expected
NASDAQ
Forward Air Corporation's 2023 10-K filing details a year of strategic shifts, including the divestiture of its Final Mile business and the acquisition of Omni Newco LLC, alongside a comprehensive financial overview.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Forward Air Corporation CEO Shawn Stewart disposed of 4,136 shares to satisfy tax withholding obligations related to restricted stock vesting.
NASDAQ
Michael L. Hance, CLO and Secretary of Forward Air Corp, disposed of common stock to cover tax withholding obligations related to restricted stock vesting.
NASDAQ
FORWARD AIR CORP CEO Shawn Stewart received an award of 18,692 shares of restricted common stock as part of his 2026 long-term equity incentive compensation.
NASDAQ
FORWARD AIR CORP's CEO, Shawn Stewart, reported the acquisition of 43,197 restricted shares and the disposition of 3,214 shares for tax withholding purposes.
NASDAQ
Forward Air Corp's CFO, Jamie G. Pierson, received a restricted stock award of 20,698 shares and disposed of 1,662 shares for tax obligations.
NASDAQ
Forward Air Corp's CLO and Secretary, Michael L. Hance, received a restricted stock award and had shares withheld for tax obligations.

Proxy Statements (Def-14A)

NASDAQ
Forward Air Corporation has issued a definitive proxy statement defending its Board's qualifications, the ongoing strategic alternatives review, and its corporate governance decisions against recent claims made by Ancora.
NASDAQ
Forward Air Corporation's upcoming annual meeting includes proposals for director elections, incentive plans, executive compensation, auditor ratification, and a merger to reincorporate from Tennessee to Delaware.
NASDAQ
Forward Air Corporation has filed its definitive proxy statement and will hold its annual shareholder meeting on June 3, 2024.
NASDAQ
Forward Air Corporation is soliciting shareholder votes on key proposals, including stock issuance related to the Omni Acquisition, an amendment to the incentive compensation plan, executive compensation, and the ratification of Ernst & Young LLP as the company's independent auditor.
NASDAQ
Forward Air Corporation is asking shareholders to approve the issuance of common stock related to the Omni Acquisition and an amendment to its 2016 Omnibus Incentive Compensation Plan at the upcoming annual meeting.

New Public Companies (S-1)

NASDAQ
Forward Air Corporation has filed an amendment to its Form S-1 registration statement, covering the potential resale of up to 14,015,018 shares of common stock by selling shareholders, primarily related to the Omni Logistics acquisition.
NASDAQ
Forward Air Corporation has filed a registration statement for the potential resale of up to 14,015,018 shares of its common stock by selling shareholders, primarily related to the Omni Acquisition.

Schedule 13D - Activist Investments

NASDAQ
Clearlake Capital Group, L.P. and its affiliates have submitted a non-binding proposal to acquire all outstanding shares of Forward Air Corporation they do not already own for cash consideration.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Bracebridge Capital, LLC, along with affiliated funds, has reported a combined beneficial ownership of 5.1% in Forward Air Corporation's common stock.
NASDAQ
BlackRock, Inc. has reported beneficial ownership of 5.4% of Forward Air Corp's common stock as of June 30, 2026.
NASDAQ
Cetus Capital VI, L.P. has filed a Schedule 13G, reporting beneficial ownership of 245,588 shares of Forward Air Corporation's common stock, representing 0.76% of the class.
NASDAQ
The Vanguard Group reported 0% beneficial ownership in Forward Air Corp following an internal realignment, with subsidiaries now reporting separately.
NASDAQ
Cetus Capital VI, L.P. has filed an amended Schedule 13G, reporting a beneficial ownership of 3,001,413 shares, representing 9.87% of Forward Air Corporation's common stock as of March 31, 2025.
NASDAQ
BlackRock, Inc. has filed an Amendment No. 7 to its Schedule 13G, reporting a 10.9% beneficial ownership stake in Forward Air Corp as of March 31, 2025.