Forward Industries, Inc. — Director's Dealing 2025

Sep 11, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forward Industries, Inc. (FORD)
CIK: 0000038264
Period of Report: 2025-09-08

Reporting Person: Weisberg Kathleen (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-09-08	Stock Options (Right to Buy)	$18.50	A	45000	Acquired	2030-09-08	Common Stock (45000)	Direct

Footnotes

F1: The grant of the Issuer's stock options was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The stock options are fully vested and granted under the Issuer's 2021 Equity Incentive Plan.

F2: Not applicable.