{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-21-006072","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2021-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.168804+00:00","generated_at":"2026-06-28T04:16:33.988142+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"President of Forward Industries subsidiary resigns, transitions to consultant; new President and COO appointed.","bullets":["Mitchell Maiman resigns as President of IPS subsidiary effective Jan 1, 2022; will serve as independent contractor.","Maiman receives $12,000 monthly retainer plus bonuses up to $54,000 based on 2022 performance milestones.","Paul Severino appointed President of IPS, Robert Wild named COO of IPS, effective Jan 1, 2022.","Consulting agreement runs one year, renewable 30-day notice; includes strategy, business development duties."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-21-006072","json":"https://secwatch.observer/filing/0001683168-21-006072.json","markdown":"https://secwatch.observer/filing/0001683168-21-006072.md","text":"https://secwatch.observer/filing/0001683168-21-006072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316821006072/0001683168-21-006072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316821006072/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T04:16:33.988142+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":"07c30aae39","claim":"Robert Wild was appointed as Chief Operating Officer of IPS at Forward Industries, Inc..","evidence_excerpt":"Mr. Robert Wild will become the Chief Operating Officer of IPS","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316821006072/0001683168-21-006072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer of IPS"}],"fact_type":"executive_change"},{"claim_id":"621bfd5506","claim":"Paul Severino was appointed as President of IPS at Forward Industries, Inc..","evidence_excerpt":"Mr. Paul Severino, the current Chief Operating Officer of IPS, will serve as the President of IPS","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316821006072/0001683168-21-006072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President of IPS"}],"fact_type":"executive_change"},{"claim_id":"62d8b51312","claim":"Mitchell Maiman resigned as President of Intelligent Product Solutions, Inc. at Forward Industries, Inc..","evidence_excerpt":"Mr. Mitchell Maiman, the President of Intelligent Product Solutions, Inc. (“IPS”), a wholly-owned subsidiary of Forward Industries, Inc. (the “Company”), informed the Company of his definitive decision to resign. The resignation is effective January 1, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316821006072/0001683168-21-006072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President of Intelligent Product Solutions, Inc."}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}