Forward Industries (FWDI) GC Georgia Quinn Receives 146,956-Share Award

What Happened
Georgia Quinn, General Counsel of Forward Industries, was issued 146,956 shares on 2026-08-08 as an award/grant (transaction code A). The filing lists no purchase price (shares were issued upon satisfaction of a performance milestone), so no cash exchanged and no immediate market value is provided.

Key Details

• Transaction date: 2026-08-08 (reported on Form 4 filed 2026-08-17)
• Transaction type: Award/Grant (code A); price reported as N/A because shares were issued for performance achievement
• Shares issued: 146,956
• Shares owned after transaction: Not specified in the provided filing details
• Footnotes: F1 — shares issued upon satisfaction of a performance milestone; F2 — includes restricted stock units previously reported that remain subject to vesting
• Timeliness: Filing submitted nine days after the transaction date (appears late relative to the typical 2-business-day Form 4 requirement)

Context
This was an equity award tied to a performance milestone, not an open-market purchase or sale. Portions of the award include RSUs that remain subject to vesting, meaning not all shares may be freely tradable immediately. Such awards reflect compensation or incentive arrangements rather than an explicit buy/sell signal; late filing can be corrected or amended and may draw regulatory or investor attention.