Form 4: Forward Air Corp Director Michael Hodge Receives Distribution of Series B Preferred and Class B Units
SEC Form 4 Filing
Director Michael Hodge received distributions of Series B Preferred Units and Class B Units from EVE Omni Investor, LLC, which are exchangeable for Forward Air Corp common stock.
Summary
- On October 30, 2024, Michael Hodge, a director of Forward Air Corp, received a distribution of 560,774 Series B Preferred Units and 560,774 Class B Units from EVE Omni Investor, LLC.
- These units are exchangeable at the holder's option into shares of Forward Air Corp common stock and do not have an expiration date.
- Prior to this, Hodge indirectly held 991,945 Series B Preferred Units and 991,945 Class B Units through the LLC, which were distributed to its members on the same date.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This filing reflects changes in beneficial ownership by a company insider, which is a routine part of corporate governance and regulatory compliance. It provides transparency into the holdings of key individuals within the company.
Key Dates
| Date | Description |
|---|---|
| 10/30/2024 | Date of distribution of Series B Preferred Units and Class B Units from EVE Omni Investor, LLC to its members, including Michael Hodge. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
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