FORWARD AIR CORP — Director's Dealing 2024

Nov 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2024-10-30

Reporting Person: HODGE MICHAEL B (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-10-30	Series B Preferred Units	$0	J	991945	Disposed		Common Stock (991945)	Indirect
2024-10-30	Series B Preferred Units	$0	J	560774	Acquired		Common Stock (560774)	Direct
2024-10-30	Class B Units	$0	J	991945	Disposed		Common Stock (991945)	Indirect
2024-10-30	Class B Units	$0	J	560774	Acquired		Common Stock (560774)	Direct

Footnotes

F1: On October 30, 2024, EVE Omni Investor, LLC (the "LLC"), made a distribution of 991,945 Series B Preferred Units to its members. In prior reports, the reporting person reported beneficial ownership of all 991,945 Series B Preferred Units held by the LLC as held indirectly by the reporting person.

F2: On October 30, 2024, the reporting person received 560,774 Series B Preferred Units as a distribution from the LLC. Series B Preferred Units are exchangeable at the option of the holder into shares of the Issuer's common stock. The Series B Preferred Units do not have an expiration date.

F3: On October 30, 2024, the LLC, made a distribution of 991,945 Opco Class B Units to its members. In prior reports, the reporting person reported beneficial ownership of all 991,945 Opco Class B Units held by the LLC as held indirectly by the reporting person.

F4: On October 30, 2024, the reporting person received 560,774 Opco Class B Units as a distribution from the LLC. Opco Class B Units are exchangeable at the option of the holder into shares of the Issuer's common stock. The Opco Class B Units do not have an expiration date.