{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-018429","form_type":"8-K","ticker":"FWRD","cik":"0000912728","company_name":"FORWARD AIR CORP","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.420646+00:00","generated_at":"2026-06-03T07:05:33.742518+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Forward Air names Shawn Stewart CEO effective April 28; Hance returns to legal role","bullets":["Shawn Stewart appointed CEO and director effective April 28, 2024; Michael Hance returns to Chief Legal Officer and Secretary.","Stewart previously served as President and Managing Director, North America at CEVA Logistics, overseeing $5B+ turnover and 15,000+ employees.","Compensation includes $900K base salary, target bonus 100% of base (max 200%), $400K signing bonus, 50,955 restricted shares, 76,433 performance units.","Q1 2024 earnings to be released after market close on May 8, 2024, with conference call on May 9, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-018429","json":"https://secwatch.observer/filing/0001628280-24-018429.json","markdown":"https://secwatch.observer/filing/0001628280-24-018429.md","text":"https://secwatch.observer/filing/0001628280-24-018429.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912728/000162828024018429/0001628280-24-018429-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912728/000162828024018429/fwrd-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:05:33.742518+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"674e632c8c","claim":"Shawn Stewart was appointed as Chief Executive Officer at FORWARD AIR CORP.","evidence_excerpt":"appointed Shawn Stewart as Chief Executive Officer and director of the Company, effective April 28, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912728/000162828024018429/0001628280-24-018429-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e676125c9b","claim":"Michael L. Hance changed role as Chief Legal Officer and Secretary at FORWARD AIR CORP.","evidence_excerpt":"Mr. Stewart will succeed Michael L. Hance in his position as Interim Chief Executive Officer as of the Effective Date. As of the Effective Date, Mr. Hance will continue as the Company’s Chief Legal Officer and Secretary.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912728/000162828024018429/0001628280-24-018429-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will continue as"},{"label":"Role","value":"Chief Legal Officer and Secretary"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}