{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-015157","form_type":"8-K","ticker":"FWRD","cik":"0000912728","company_name":"FORWARD AIR CORP","filed_at":"2025-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.775359+00:00","generated_at":"2026-05-24T04:31:55.765116+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Forward Air dismisses EY, appoints KPMG as auditor; Omni acquisition material weakness cited","bullets":["Ernst & Young dismissed as auditor on March 24, 2025; KPMG engaged on March 27, 2025.","No disagreements with EY on accounting principles; EY's 2023/2024 audit reports were unqualified.","Material weakness in internal controls over Omni Newco purchase accounting, income taxes, and impairment.","EY authorized to respond fully to KPMG's inquiries regarding the material weakness.","No prior consultations with KPMG on accounting issues before engagement."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-015157","json":"https://secwatch.observer/filing/0001628280-25-015157.json","markdown":"https://secwatch.observer/filing/0001628280-25-015157.md","text":"https://secwatch.observer/filing/0001628280-25-015157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912728/000162828025015157/0001628280-25-015157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912728/000162828025015157/fwrd-20250324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T04:31:55.765116+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":"4789069b215612fbaf1b3c544462da5512352501","claim":"FORWARD AIR CORP engaged KPMG, LLP as its auditor.","evidence_excerpt":"On March 27, 2025, KPMG was engaged by the Audit Committee as Forward’s independent registered public accounting firm.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912728/000162828025015157/0001628280-25-015157-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"KPMG, LLP"}],"fact_type":"auditor_change"},{"claim_id":"775cff120cf92ebc30145ef72710e42296af95f4","claim":"FORWARD AIR CORP dismissed Ernst & Young LLP as its auditor.","evidence_excerpt":"On March 24, 2025, EY was dismissed as authorized by the Audit Committee of the Board of Directors (“Audit Committee”).","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912728/000162828025015157/0001628280-25-015157-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"Ernst & Young LLP"},{"label":"Successor","value":"KPMG, LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}