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FORWARD AIR CORP — Director's Dealing 2024
Apr 1, 2024
32398_dirs_2024-04-01_1fc25c4f-2073-4564-8a5a-3bf34f10de98.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FORWARD AIR CORP (FWRD)
CIK: 0000912728
Period of Report: 2024-03-15
Reporting Person: MITCHIN KYLE R (Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | A | 1506 | — | Acquired | 37117.7029 | Direct |
| 2024-03-15 | Common Stock | F | 419 | — | Disposed | 36698.7029 | Direct |
| 2024-03-15 | Common Stock | A | 567 | — | Acquired | 37265.7029 | Direct |
| 2024-03-15 | Common Stock | F | 158 | — | Disposed | 37107.7029 | Direct |
Footnotes
F1: Represents an award of performance shares that vests on March 15, 2024. The number of shares awarded was determined based on earnings before interest, taxes, depreciation and amortization per share of the Issuer as compared to pre-set earnings before interest, taxes, depreciation and amortization per share over a three-year performance period.
F2: Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of performance share award on March 15, 2024.
F3: Represents an award of performance shares that vests on March 15, 2024. The number of shares awarded was determined based on the performance of the common stock of the Issuer as compared to the performance of the common stock of a selected peer group over a three-year performance period.