FWRD · NASDAQ · Integrated Freight & Logistics

Forward Air

Moves high-value freight through expedited ground, forwarding, contract logistics, and drayage networks.

$16.99
After-hours close−0.02 (−0.12%)
At close$17.01(−3.90%)

Breakdown13F · Form 4

Institutions 98.62%Insiders 2.08%

Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.

Shares outstanding 31.63M · Float 26.47M · 83.7% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Clearlake Capital Group, L.P.3.83M12.09%13FAug 14, 2026
Cetus Capital VI, L.P. · 10 percent owner3.12M9.85%Form 4Feb 17, 2026
BlackRock, Inc.2.77M8.77%13FAug 7, 2026
Barclays PLC2.48M7.84%13GAug 13, 2026
FMR LLC2.01M6.35%13FAug 13, 2026

Institutions13F, as of Jun 30, 2026

206 holders · 31.19M shares · 50 new positions · 118 increased · 44 reduced · 52 closed

HolderShares% outstandingChg q/qFiled
Clearlake Capital Group, L.P.3.83M12.09%0Aug 14, 2026
BlackRock, Inc.2.77M8.77%−925.5KAug 7, 2026
FMR LLC2.01M6.35%+921.6KAug 13, 2026
Bracebridge Capital, LLC1.40M4.44%+1.40MnewAug 14, 2026
Vanguard Capital Management LLC1.17M3.70%+142.6KAug 13, 2026
Private Management Group Inc1.15M3.62%−9.6KJul 31, 2026
CIBC World Market Inc.1.07M3.39%+337.9KAug 13, 2026
D. E. Shaw & Co., Inc.1.00M3.16%+1.00MAug 14, 2026

Beneficial owners13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
Clearlake Capital Group, L.P.incl. Behdad Eghbali, Jose Enrique Feliciano12.60%3.83M13DJul 3, 2025
BlackRock, Inc.10.90%3.31M13GApr 30, 2025
Barclays PLC7.84%2.48M13GAug 13, 2026

InsidersForm 4

InsiderRoleShares% outstandingFiled
Cetus Capital VI, L.P.10 percent owner3.12M9.85%Feb 17, 2026
Shawn Stewartdirector, officer: Chief Executive Officer144.0K0.46%May 1, 2026
Jamie G. Piersonofficer: CFO91.9K0.29%Mar 17, 2026
Michael L. Hanceofficer: CLO and Secretary90.5K0.29%Mar 17, 2026
Michael B. Hodgedirector86.9K0.27%Jun 17, 2025
Joseph Michael Tomaselloofficer: Chief Information Officer30.1K0.10%Mar 18, 2025
Timothy R. Osborneofficer: Executive VP of Operations23.8K0.08%Mar 17, 2026
Dale W. Boylesdirector22.9K0.07%Jun 22, 2026
Christine Marie Gorjancdirector22.9K0.07%Jun 22, 2026
Jerome Jean-Pierre LORRAINdirector, officer: Executive Chairman22.2K0.07%Feb 23, 2026

6 ten-percent owners hold 5.92M shares by Form 4, outside the officers-and-directors figure above · 38 people have not refiled in the last 18 months (1.06M shares), so they are not in the figure above

Latest trades

DateInsiderTypeSharesAvg priceOwned after
Oct 14, 2025
Cetus Capital VI, L.P.10 percent owner
Sale30,000$21.423,063,709
Nov 12, 2025
Cetus Capital VI, L.P.10 percent owner
Sale10,000$22.383,116,546
Nov 11, 2025
Cetus Capital VI, L.P.10 percent owner
Sale67,163$21.713,126,546
Nov 10, 2025
Cetus Capital VI, L.P.10 percent owner
Sale · 2 lots120,000$21.833,193,709
Nov 6, 2025
Cetus Capital VI, L.P.10 percent owner
Sale · 2 lots75,000$21.853,313,709
Oct 20, 2025
Cetus Capital VI, L.P.10 percent owner
Purchase · 2 lots225,000$17.933,388,709

CongressHouse and Senate disclosures

Not reported.