Shah Sangita 4
4 · Forward Industries, Inc. · Filed Sep 11, 2025
Insider Transaction Report
Form 4
Shah Sangita
Director
Transactions
- Award
Common Stock
2025-09-08$18.50/sh+50,000$925,000→ 50,000 total
Holdings
- 11,113(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]The grant of the Issuer's restricted common stock was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The shares are fully vested and granted under the Issuer's 2021 Equity Incentive Plan.
- [F2]The shares are held by Odyssean Enterprises Ltd., an entity the Reporting Person controls with her husband.