A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 10 filings in this group are Form 4s for Forward Air Corporation.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 10 insider filings shown, the breakdown is 7 compensation award and 3 tax withholding. None of the classified filings involved a discretionary open-market trade, so this period says nothing about what insiders think of the price.
Form 4
Compensation award
Tax / Compensation Filing
2026-06-22
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Svindland Paul C. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
9,545 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Svindland Paul C. (Director)
Shares: 9,545
Form 4
Compensation award
Tax / Compensation Filing
2026-06-22
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Boyles Dale W (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
9,545 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Boyles Dale W (Director)
Shares: 9,545
Form 4
Compensation award
Tax / Compensation Filing
2026-06-22
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Gorjanc Christine Marie (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
9,545 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Gorjanc Christine Marie (Director)
Shares: 9,545
Form 4
Tax withholding
Tax / Compensation Filing
2026-05-01
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Stewart Shawn (Director, Chief Executive Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
4,136 |
$21.51 |
$89.0K |
Filing: Form 4 (Insider Transaction)
Insider: Stewart Shawn (Director, Chief Executive Officer)
Shares: 4,136
Form 4
Tax withholding
Tax / Compensation Filing
2026-03-17
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
OSBORNE TIMOTHY R (Executive VP of Operations) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
2,109 |
$16.05 |
$33.8K |
F |
Tax withholding on vested shares
|
483 |
$16.05 |
$7.8K |
Filing: Form 4 (Insider Transaction)
Insider: OSBORNE TIMOTHY R (Executive VP of Operations)
Shares: 2,592
Form 4
Tax withholding
Tax / Compensation Filing
2026-03-17
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Hance Michael L (CLO and Secretary) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
4,868 |
$16.05 |
$78.1K |
F |
Tax withholding on vested shares
|
869 |
$16.05 |
$13.9K |
Filing: Form 4 (Insider Transaction)
Insider: Hance Michael L (CLO and Secretary)
Shares: 5,737
Form 4
Compensation award
Tax / Compensation Filing
2026-03-17
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Pierson Jamie G. (CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
5,732 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Pierson Jamie G. (CFO)
Shares: 5,732
Form 4
Compensation award
Tax / Compensation Filing
2026-03-17
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Stewart Shawn (Director, Chief Executive Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
18,692 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Stewart Shawn (Director, Chief Executive Officer)
Shares: 18,692
Form 4
Compensation award
Tax / Compensation Filing
2026-02-23
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Stewart Shawn (Director, Chief Executive Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
43,197 |
— |
— |
F |
Tax withholding on vested shares
|
3,214 |
$27.78 |
$89.3K |
Filing: Form 4 (Insider Transaction)
Insider: Stewart Shawn (Director, Chief Executive Officer)
Shares: 46,411
Form 4
Compensation award
Tax / Compensation Filing
2026-02-23
FWRD insider Form 4 filed for equity award, exercise, or tax withholding
Pierson Jamie G. (CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
20,698 |
— |
— |
F |
Tax withholding on vested shares
|
1,662 |
$27.78 |
$46.2K |
Filing: Form 4 (Insider Transaction)
Insider: Pierson Jamie G. (CFO)
Shares: 22,360