Schmitt Thomas 4
4 · FORWARD AIR CORP · Filed Apr 1, 2024
Insider Transaction Report
Form 4
FORWARD AIR CORPFWRD
SCHMITT THOMAS
President & CEO
Transactions
- Tax Payment
Common Stock
2024-02-07−1,096→ 71,831 total - Tax Payment
Common Stock
2024-02-09−6,304→ 80,370 total - Award
Common Stock
2024-02-09+5,932→ 86,302 total - Tax Payment
Common Stock
2024-02-09−1,770→ 84,532 total - Tax Payment
Common Stock
2024-02-08−897→ 70,934 total - Award
Common Stock
2024-02-09+15,740→ 86,674 total - Tax Payment
Common Stock
2024-02-04−952→ 72,927 total
Footnotes (6)
- [F1]Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 4, 2024.
- [F2]Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 7, 2024.
- [F3]Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of restricted stock on February 8, 2024.
- [F4]Represents an award of performance shares that vests on February 9, 2024. The number of shares awarded was determined based on earnings before interest, taxes, depreciation and amortization per share of the Issuer as compared to pre-set earnings before interest, taxes, depreciation and amortization per share over a three-year performance period.
- [F5]Shares withheld by Issuer to satisfy minimum tax withholding obligation upon vesting of performance share award on February 9, 2024.
- [F6]Represents an award of performance shares that vests on February 9, 2024. The number of shares awarded was determined based on the performance of the common stock of the Issuer as compared to the performance of the common stock of a selected peer group over a three-year performance period.