---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-031286"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:51:55.116991+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Forward Air amends lock-up provisions in Omni acquisition to allow pre-closing share purchases by IRA Holder Parties

## Summary
- Amendment to Investor Rights Agreement excludes shares acquired by IRA Holder Parties prior to Closing from lock-up restrictions.
- Change prompted by certain IRA Holder Parties and affiliates expressing interest in buying FWRD common stock in the open market before deal closes.
- Other terms of shareholder arrangements, including standstill restrictions, remain unchanged.
- Parent states amendment is in best interests of all shareholders given trading activity since August 10 announcement.

## SEC filing metadata
- accession: 0001628280-23-031286
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828023031286/0001628280-23-031286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828023031286/fwrd-20230828.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-031286
- JSON: https://secwatch.observer/filing/0001628280-23-031286.json
- Plain text: https://secwatch.observer/filing/0001628280-23-031286.txt

## Key facts
- Material Agreements
  FORWARD AIR CORP amended Investor Rights Agreement with IRA Holder Parties valued at amendment to form of Investor Rights Agreement to exclude equity securities acquired prior to consum (effective 2023-08-28).
  - Action: amendment
  - Counterparty: IRA Holder Parties
  - Value: amendment to form of Investor Rights Agreement to exclude equity securities acquired prior to consum
  - Effective: 2023-08-28
  source text: On August 28, 2023, Parent agreed to amend the form of the Investor Rights Agreement with regard to the lock-up restrictions contained therein to exclude equity securities of Parent acquired by IRA Holder Parties prior to the consummation of the Transactions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912728/000162828023031286/0001628280-23-031286-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.