secwatch.observer — SEC 8-K summary
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Issuer:     FORWARD AIR CORP (FWRD)
CIK:        0000912728
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0001628280-24-050211
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Forward Air President and COO Chris Ruble departs Dec 6, 2024
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- President and COO Chris Ruble terminated without cause effective Dec 6, 2024.
- Eligible for severance under Severance Plan plus a $100,000 additional payment.
- Up to $20,000 in outplacement services provided.
- 18-month restrictions: non-compete, non-solicitation, non-disparagement.
- No successor named; CEO Shawn Stewart remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912728/000162828024050211/0001628280-24-050211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912728/000162828024050211/fwrd-20241206.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-050211

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer