---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-000650"
form_type: "8-K"
ticker: "FWDI"
cik: "0000038264"
company_name: "Forward Industries, Inc."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T04:16:07.616035+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Forward Industries appoints Michael Pruitt as director effective Feb 1, 2025

## Summary
- Michael Pruitt appointed to Board of Directors, effective February 1, 2025.
- Pruitt also named to Audit & Risk Committee and Nominating Committee.
- Compensation: $30,000 cash for first 12 months plus stock options valued at $40,000 (Black-Scholes), vesting in 12 months.
- No material transactions with the company since start of fiscal 2024 per Item 404(a).

## SEC filing metadata
- accession: 0001683168-25-000650
- form_type: 8-K
- ticker: FWDI
- cik: 0000038264
- company_name: Forward Industries, Inc.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38264/000168316825000650/0001683168-25-000650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38264/000168316825000650/forward_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-000650
- JSON: https://secwatch.observer/filing/0001683168-25-000650.json
- Plain text: https://secwatch.observer/filing/0001683168-25-000650.txt

## Key facts
- Executive change
  Michael Pruitt was appointed as director at Forward Industries, Inc..
  - Action: appointed
  - Role: director
  source text: On January 28, 2025, the Board of Directors of Forward Industries, Inc. (the “Company”) appointed Michael Pruitt as a director of the Company, as well as a member of the Audit and Risk Committee and Nominating Committee, effective February 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/38264/000168316825000650/0001683168-25-000650-index.htm

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