Forward Air's three largest insider shareholders as of September 29, 2026 are Equity Management Iii, Llc Ridgemont (Director, 663.23K shares), Shawn Stewart (Chief Executive Officer, 144.03K shares), Michael B Hodge (Director, 93.85K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Equity Management Iii, Llc Ridgemont | Director, TenPercentOwner | 0 | 663,685 | 663,685 | 38.6% | 12 Aug, 2024 |
| 2 | Shawn Stewart | Chief Executive Officer | 144,030 | 0 | 144,030 | 8.4% | 01 May, 2026 |
| 3 | Michael B Hodge | Director | 93,846 | 0 | 93,846 | 5.5% | 17 Jun, 2025 |
| 4 | Jamie G. Pierson | Cfo | 91,884 | 0 | 91,884 | 5.3% | 17 Mar, 2026 |
| 5 | Michael L Hance | Clo And Secretary | 90,486 | 0 | 90,486 | 5.3% | 17 Mar, 2026 |
| 6 | Thomas Schmitt | President Ceo | 84,532 | 0 | 84,532 | 4.9% | 01 Apr, 2024 |
| 7 | Chris C Ruble | Chief Operating Officer | 60,064 | 0 | 60,064 | 3.5% | 01 Apr, 2024 |
| 8 | Kyle R Mitchin | Chief People Officer | 37,108 | 0 | 37,108 | 2.2% | 01 Apr, 2024 |
| 9 | Joseph Michael Tomasello | Chief Information Officer | 30,131 | 0 | 30,131 | 1.8% | 18 Mar, 2025 |
| 10 | C Robert Campbell | Director | 28,994 | 0 | 28,994 | 1.7% | 18 Aug, 2023 |
| 11 | Charles Leonard Anderson | Director | 13,846 | 13,846 | 27,692 | 1.6% | 17 Jun, 2025 |
| 12 | Robert Leon Jr Edwards | Director | 13,846 | 13,846 | 27,692 | 1.6% | 17 Jun, 2025 |
| 13 | Ronald W Allen | Director | 24,463 | 0 | 24,463 | 1.4% | 18 Aug, 2023 |
| 14 | Scott M Niswonger | Director | 24,256 | 0 | 24,256 | 1.4% | 11 May, 2023 |
| 15 | Timothy R Osborne | Executive Vp Of Operations | 23,831 | 0 | 23,831 | 1.4% | 17 Mar, 2026 |
| 16 | Craig Carlock | Director | 23,513 | 0 | 23,513 | 1.4% | 17 Oct, 2024 |
| 17 | Christine Marie Gorjanc | Director | 22,940 | 0 | 22,940 | 1.3% | 22 Jun, 2026 |
| 18 | Dale W Boyles | Director | 22,940 | 0 | 22,940 | 1.3% | 22 Jun, 2026 |
| 19 | Jerome Jean-Pierre Lorrain | Executive Chairman | 22,167 | 0 | 22,167 | 1.3% | 23 Feb, 2026 |
| 20 | Nancee L Ronning | Chief Commercial Officer | 21,010 | 0 | 21,010 | 1.2% | 29 Mar, 2024 |
| 21 | Paul C. Svindland | Director | 15,977 | 0 | 15,977 | 0.9% | 22 Jun, 2026 |
| 22 | Eric Frederick Brandt | Chief Commercial Officer | 15,970 | 0 | 15,970 | 0.9% | 23 Feb, 2026 |
| 23 | Laurie Anne Tucker | Director | 15,573 | 0 | 15,573 | 0.9% | 17 Aug, 2023 |
| 24 | Rebecca J Garbrick | Cfo | 14,424 | 0 | 14,424 | 0.8% | 29 Mar, 2024 |
| 25 | Douglas James Smith | Chief People Officer | 13,294 | 0 | 13,294 | 0.8% | 23 Feb, 2026 |
| 26 | Ana B Amicarella | Director | 11,747 | 0 | 11,747 | 0.7% | 11 May, 2023 |
| 27 | George M Lynch | Director | 11,083 | 0 | 11,083 | 0.6% | 18 Aug, 2023 |
| 28 | Jessica L Herren | Chief Supply Chain Officer | 10,599 | 0 | 10,599 | 0.6% | 23 Feb, 2026 |
| 29 | Valerie A Bonebrake | Director | 10,404 | 0 | 10,404 | 0.6% | 11 May, 2023 |
| 30 | James R. Faught | Chief Accounting Officer | 7,952 | 0 | 7,952 | 0.5% | 23 Feb, 2026 |
| 31 | Scott E Schara | Chief Commercial Officer | 6,919 | 0 | 6,919 | 0.4% | 09 Feb, 2022 |
| 32 | Javier Polit | Director | 6,343 | 0 | 6,343 | 0.4% | 22 Aug, 2023 |
| 33 | Chitra Nayak | Director | 5,856 | 0 | 5,856 | 0.3% | 18 Aug, 2023 |
| 34 | George S Jr Mayes | Director | 5,256 | 0 | 5,256 | 0.3% | 18 Aug, 2023 |
| 35 | Richard H Roberts | Director | 3,004 | 0 | 3,004 | 0.2% | 13 May, 2022 |
| 36 | Christopher H. Schmachtenberger | Director | 338 | 0 | 338 | 0.0% | 29 Mar, 2024 |
| 37 | W Gilbert West | Director | 338 | 0 | 338 | 0.0% | 05 Mar, 2024 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 18 Jun, 2026 | Dale W Boyles | Director | Acquired A | 9,545 | $0.00 | $0 | 22,940 | Direct |
| 18 Jun, 2026 | Paul C. Svindland | Director | Acquired A | 9,545 | $0.00 | $0 | 15,977 | Direct |
| 18 Jun, 2026 | Christine Marie Gorjanc | Director | Acquired A | 9,545 | $0.00 | $0 | 22,940 | Direct |
| 29 Apr, 2026 | Shawn Stewart | Chief Executive Officer | Disposed F | 4,136 | $21.51 | $88.97K | 144,030 | Direct |
| 15 Mar, 2026 | Michael L Hance | Clo And Secretary | Disposed F | 4,868 | $16.05 | $78.13K | 91,355 | Direct |
| 15 Mar, 2026 | Timothy R Osborne | Executive Vp Of Operations | Disposed F | 2,109 | $16.05 | $33.85K | 24,314 | Direct |
| 16 Mar, 2026 | Jamie G. Pierson | Cfo | Acquired A | 5,732 | $0.00 | $0 | 91,884 | Direct |
| 16 Mar, 2026 | Shawn Stewart | Chief Executive Officer | Acquired A | 18,692 | $0.00 | $0 | 148,166 | Direct |
| 15 Mar, 2026 | Michael L Hance | Clo And Secretary | Disposed F | 869 | $16.05 | $13.95K | 90,486 | Direct |
| 15 Mar, 2026 | Timothy R Osborne | Executive Vp Of Operations | Disposed F | 483 | $16.05 | $7.75K | 23,831 | Direct |
| 19 Feb, 2026 | Douglas James Smith | Chief People Officer | Acquired A | 5,850 | $0.00 | $0 | 13,810 | Direct |
| 19 Feb, 2026 | Shawn Stewart | Chief Executive Officer | Acquired A | 43,197 | $0.00 | $0 | 132,688 | Direct |
| 19 Feb, 2026 | Eric Frederick Brandt | Chief Commercial Officer | Acquired A | 8,999 | $0.00 | $0 | 17,027 | Direct |
| 19 Feb, 2026 | Timothy R Osborne | Executive Vp Of Operations | Acquired A | 5,850 | $0.00 | $0 | 26,936 | Direct |
| 19 Feb, 2026 | Jessica L Herren | Chief Supply Chain Officer | Acquired A | 4,950 | $0.00 | $0 | 11,035 | Direct |
| 19 Feb, 2026 | Jamie G. Pierson | Cfo | Acquired A | 20,698 | $0.00 | $0 | 87,814 | Direct |
| 19 Feb, 2026 | Michael L Hance | Clo And Secretary | Acquired A | 10,799 | $0.00 | $0 | 97,169 | Direct |
| 19 Feb, 2026 | James R. Faught | Chief Accounting Officer | Acquired A | 2,340 | $0.00 | $0 | 8,314 | Direct |
| 19 Feb, 2026 | Jerome Jean-Pierre Lorrain | Executive Chairman | Acquired A | 10,799 | $0.00 | $0 | 22,167 | Direct |
| 19 Feb, 2026 | Michael L Hance | Clo And Secretary | Disposed F | 946 | $27.78 | $26.28K | 96,223 | Direct |