---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-034880"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:51:07.532968+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Jerome Lorrain appointed Executive Chairman of Forward Air; $450k salary plus equity awards

## Summary
- Jerome Lorrain named Executive Chairman; base salary $450,000 annually; no 2025 cash bonus.
- Sign-on equity award of $500,000 (60% performance shares, 40% time-based RSUs vesting over 3 years).
- Special grant of 25,000 performance-based restricted shares tied to strategic review milestones.
- Starting in 2026, eligible for annual LTIP of at least $750,000 in similar equity mix.

## SEC filing metadata
- accession: 0001628280-25-034880
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828025034880/0001628280-25-034880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828025034880/fwrd-20250711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-034880
- JSON: https://secwatch.observer/filing/0001628280-25-034880.json
- Plain text: https://secwatch.observer/filing/0001628280-25-034880.txt

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