Form 4: Forward Air Corp Director Valerie A Bonebrake Sells 250 Shares

Director Valerie A Bonebrake sold 250 shares of Forward Air Corp (FWRD) common stock at an average price of $97.62 on May 5, 2021.

Summary

• On May 5, 2021, Valerie A Bonebrake, a director of Forward Air Corp, sold 250 shares of the company's common stock.
• The shares were sold at a weighted average price of $97.62 per share.
• Following the transaction, Bonebrake directly owns 10,154 shares of Forward Air Corp.
• The transaction was reported on a Form 4 filed with the Securities and Exchange Commission on March 29, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

Insider transactions are routinely monitored by investors to gauge sentiment about a company's prospects. While not inherently negative, a sale by a director can sometimes be interpreted as a lack of confidence in the company's near-term performance.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment.

Key Dates