Form 4 for FWDI Forward Industries, Inc.
Accepted 2026-04-17 16:01:14 ET · period of report 2026-04-16 · accession 0001683168-26-003048 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-04-17 16:01 | 2026-04-16 | FWDI | Brazier Mark Christopher | CFO | A - Grant | $0.00 | +275.0K | 275.0K | New | $0 |
| D | 2026-04-17 16:01 | 2026-04-16 | FWDI | Brazier Mark Christopher | CFO | A - Grant | — | +275.0K | 275.0K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-04-16 | A | A | 275,000 | $0.00 | 275,000 | D | — | — | (F1) Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting. (F2) The grant of restricted stock units and stock options 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 Compensation Committee of the Board of Directors. The restricted stock units and stock options were granted under the Issuer's 2021 Equity Incentive Plan. (F3) The securities vest as follows: 25% on April 13, 2027, with the remaining 75% vesting in 12 equal quarterly installments thereafter, subject to continued service with the Issuer on each applicable vesting date. |
| 2 | Derivative | Stock Options (Right to Buy) | 2026-04-16 | A | A | 275,000 | — | 275,000 | D | — · — to 2036-04-16 | 275,000 Common Stock | (F2) The grant of restricted stock units and stock options 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 Compensation Committee of the Board of Directors. The restricted stock units and stock options were granted under the Issuer's 2021 Equity Incentive Plan. (F4) One-half of the stock options have an exercise price per share of $9.18 and the remaining one-half of the stock options have an exercise price per share of $13.77. (F5) Not applicable. (F3) The securities vest as follows: 25% on April 13, 2027, with the remaining 75% vesting in 12 equal quarterly installments thereafter, subject to continued service with the Issuer on each applicable vesting date. |