Weisberg Kathleen 4

What Happened

Kathleen Weisberg, Chief Financial Officer of Forward Industries, was granted a derivative award of 50,000 stock options on March 8, 2026 (reported on Form 4 filed March 10, 2026). The filing lists the grant as a derivative award (transaction code A) and does not specify an exercise price or immediate cash value in the provided excerpt. This is an equity-compensation grant — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-08; Form 4 filed: 2026-03-10 (timely filing).
• Transaction type/code: Grant/Award (A), derivative (stock options).
• Amount: 50,000 shares (stock options). Price/exercise price: not specified in the filing excerpt.
• Vesting (footnote F1): 25% vests June 8, 2026; remaining 75% vests in three equal quarterly installments through March 8, 2027, subject to continued employment.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote F2: not applicable.

Context

This grant appears to be a time-based stock option award typical of executive compensation and does not represent an immediate buy or sell in the open market. Such awards align executive incentives with shareholder value over the vesting period but should not be interpreted on their own as a market signal.