other material
confidence high
sentiment neutral
materiality 0.20
Forward Industries sets FY2025 director compensation: $30k cash + $40k options
Forward Industries, Inc.
- Non-employee directors receive $30,000 annual cash, payable quarterly in advance.
- Lead director gets an additional $10,000 supplement per year.
- Each director granted stock options with $40,000 fair value, vesting 12 months from grant.
- New compensation effective October 1, 2024, approved September 23, 2024.