Forward Air Corporation

Last updated September 27, 2026

Organization details

Legal name
Forward Air Corporation
Former names
Landair Services Inc
Ownership
Public
Status
Active
Sector (GICS)
Industrials
SIC code
4731 — Arrangement of Transportation of Freight & Cargo
Jurisdiction of incorporation
Delaware
Headquarters city
Dallas
Headquarters state / province
Texas
Headquarters country
United States
Fiscal year end
December
Ticker symbol
FWRD
Primary stock exchange
Nasdaq

Identifiers

SEC CIK
0000912728
EIN
62-1120025

Board of directors

Chief executives

Shawn Stewart · Chief Executive Officer
Since April 2024
66 CEO score

Solid · grade C

Out of 100, from shareholder return, dividends, growth and acquisitions.

Partial: only 35% of the scoring weight is on file.

Dividends 15%
20

dividend grew -100% a year

Revenue growth 20%
100

34.9% a year in revenue

35% of the scoring weight is on file. Figures cover December 2023 – December 2025.

Thomas Schmitt · President & CEO
Until April 2024 · Former

Director election results

Annual meeting of June 17, 2026. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.

Board connections

8 of this board's directors also sit on 11 other boards. 5 are in the same sector.

Network of Forward Air Corporation's board connections ADI Global Distribution Inc. ADI Global Distributio... Arrive AI Inc. Arrive AI Inc. Bread Financial Holdings Inc. Bread Financial Holdin... Ferguson Enterprises Inc. Ferguson Enterprises I... Hertz Global Holdings Inc Hertz Global Holdings... Infosys Limited Infosys Limited MasTec Inc. MasTec Inc. Polestar Automotive Holding UK PLC Polestar Automotive Ho... Stoneridge Inc. Stoneridge Inc. Virgin Galactic Holdings Inc. Virgin Galactic Holdin... Warrior Met Coal Inc. Warrior Met Coal Inc. Ana B. Amicarella Ana B. Amicarella C. Robert Campbell C. Robert Campbell Chitra Nayak Chitra Nayak Christine Marie Gorjanc Christine Marie Gorj... George S. Mayes Jr. George S. Mayes Jr. Laurie Anne Tucker Laurie Anne Tucker Thomas Schmitt Thomas Schmitt W. Gilbert West W. Gilbert West Forward Air Corporation
Shared director Other board Same sector

Insider trades

All notable trades →

From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.

Bought, last 12 months
$0
0 purchases by 0 insiders
Sold, last 12 months
$223,800
1 sale by 1 insider
Date Insider Transaction Shares Price Value
Jun 18, 2026 Paul C. Svindland Director Grant or award +9,545 — —
Jun 18, 2026 Dale W. Boyles Director Grant or award +9,545 — —
Jun 18, 2026 Christine Marie Gorjanc Director Grant or award +9,545 — —
Apr 29, 2026 Shawn Stewart Director, Officer (Chief Executive Officer) Shares withheld for tax −4,136 $21.51 $88,965
Mar 16, 2026 Pierson Jamie G. Officer (CFO) Grant or award +5,732 — —
Mar 16, 2026 Shawn Stewart Director, Officer (Chief Executive Officer) Grant or award +18,692 — —
Mar 15, 2026 OSBORNE TIMOTHY R Officer (Executive VP of Operations) Shares withheld for tax −2,109 $16.05 $33,849
Mar 15, 2026 Hance Michael L Officer (CLO and Secretary) Shares withheld for tax −4,868 $16.05 $78,131
Mar 15, 2026 OSBORNE TIMOTHY R Officer (Executive VP of Operations) Shares withheld for tax −483 $16.05 $7,752
Mar 15, 2026 Hance Michael L Officer (CLO and Secretary) Shares withheld for tax −869 $16.05 $13,947
Feb 19, 2026 Shawn Stewart Director, Officer (Chief Executive Officer) Grant or award +43,197 — —
Feb 19, 2026 Pierson Jamie G. Officer (CFO) Grant or award +20,698 — —
Feb 19, 2026 Hance Michael L Officer (CLO and Secretary) Grant or award +10,799 — —
Feb 19, 2026 Brandt Eric Frederick Officer (Chief Commercial Officer) Grant or award +8,999 — —
Feb 19, 2026 OSBORNE TIMOTHY R Officer (Executive VP of Operations) Grant or award +5,850 — —

Organizations in the same sector, closest in location and size first.

Questions about Forward Air Corporation

Who is the CEO of Forward Air Corporation?

Shawn Stewart has been Forward Air Corporation's Chief Executive Officer since April 2024.

How many directors are on Forward Air Corporation's board?

Forward Air Corporation's board has 22 directors: Ana B. Amicarella, C. Robert Campbell, Charles Leonard Anderson, Chitra Nayak, Christine Marie Gorjanc, Christopher H. Schmachtenberger, Craig Carlock, Dale W. Boyles, George M. Lynch, George S. Mayes Jr. and 12 others.

Are Forward Air Corporation insiders buying or selling shares?

Over the last 12 months, Forward Air Corporation insiders made no open-market purchases and sold $223,800 of shares in 1 sale on the open market, as reported to the SEC on Forms 4 and 5.

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