Forward Air Corporation

Forward Air Corporation

FWRD·NASDAQ

$9.67

-5.2%
IndustrialsIntegrated Freight & Logistics

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

At a Glance

Live Snapshot
Market Cap$305.81M
EPS-3.4800
P/E Ratio-2.78
Earnings Date07/23/2026
1.44%
Return on Invested Capital
-104%
3Y-91.0%
5Y-76.0%
10Y-70.0%
-95.11%
Return on Equity
-77%
3Y-448.0%
5Y-2293.0%
10Y-1815.0%
-3.93%
Return on Assets
-87%
3Y-125.0%
5Y-273.0%
10Y-191.0%
Forward Air Corporation

Forward Air Corporation Management Team

FWRD · NASDAQ
MJ

Mr. James R. Faught

Chief Accounting Officer

Born 1981(Age 45)
male
ME

Mr. Eric Brandt

Chief Commercial Officer

Born 1981(Age 45)
male
MS

Mr. Shawn Stewart

Chief Executive Officer & Director

Compensation

$1,329,367

Born 1975(Age 51)
male
MJ

Mr. Jamie G. Pierson

Chief Financial Officer

Compensation

$683,716

Born 1970(Age 56)
male
MJ

Mr. Joseph Michael Tomasello

Chief Information Officer

Compensation

$499,448

Born 1977(Age 49)
male
MM

Mr. Michael L. Hance J.D.

Chief Legal Officer & Secretary

Compensation

$835,886

Born 1972(Age 54)
male
MD

Mr. Douglas J. Smith

Chief People Officer

Born 1970(Age 56)
male
fwrd

Forward Air Corporation Insider Positioning

FWRD · NASDAQ

During the last 12 months, insiders have purchased $189K worth of FWRD shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

10.0K

188.60K

Sold

0

0.00

Net Activity

+189K

+$189K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
CCVL

Cetus Capital Vi, L.P.

10 Percent Owner

10.0K shares1 transactions

$189K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $189K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

SEC Filings

FWRD - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
June 17, 2026
2026
DEF 14A

DEF 14A 2025

N/A

May 13, 2025
May 12, 2025
2025
DEF 14A

DEF 14A 2024

N/A

May 20, 2024
May 17, 2024
2024
DEF 14A

DEF 14A

N/A

March 27, 2023
March 27, 2023
 
DEF 14A

DEF 14A 2022

N/A

March 28, 2022
May 10, 2022
2022
DEF 14A

DEF 14A 2021

N/A

April 06, 2021
May 19, 2021
2021
DEF 14A

DEF 14A 2020

N/A

March 31, 2020
May 12, 2020
2020
DEF 14A

DEF 14A 2019

N/A

March 26, 2019
May 07, 2019
2019
DEF 14A

DEF 14A 2018

N/A

April 03, 2018
May 15, 2018
2018
DEF 14A

DEF 14A 2017

N/A

March 30, 2017
May 09, 2017
2017
Showing 1 to 10 of 30 filings