other material
confidence high
sentiment neutral
materiality 0.40
Forward Air amends severance plan: shorter notice period, removes pro-rata incentive effective Jan 2026
FORWARD AIR CORP
- Compensation Committee approved amendment on Jan 14, 2025, effective Jan 14, 2026.
- Notice period for adverse plan amendment or termination reduced from 12 months to 60 days.
- Participants no longer entitled to pro-rata annual incentive for termination year under Section 4.01(a)(iii).