Form 4: Forward Air Officer Sells Shares for Tax Obligations
Insider Transaction Report
Forward Air's Chief Supply Chain Officer, Jessica L Herren, disposed of 148 shares of common stock to cover tax obligations related to restricted stock vesting.
Summary
- Jessica L Herren, Chief Supply Chain Officer of Forward Air Corp, disposed of 148 shares of common stock on November 18, 2025.
- The shares were disposed of at a price of $21.05 per share.
- This transaction was to satisfy minimum tax withholding obligations upon the vesting and net settlement of restricted stock.
- Following this transaction, Jessica L Herren beneficially owns 6,085 shares of common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding upon restricted stock vesting, which is a neutral event for the company's operational performance or future outlook.
Future Outlook
No forward-looking statements or guidance are provided in this filing.
Industry Context
This is a routine insider transaction related to executive compensation and does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine transaction for tax withholding purposes related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 11/18/2025 | Date of transaction where 148 shares of common stock were disposed. |
| 11/20/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Forward Air Corp, FWRD, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, Restricted Stock, Executive Compensation
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