{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-003025","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2025-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.966092+00:00","generated_at":"2026-05-23T01:21:07.665422+00:00","sec_items":["1.01","5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Forward Industries CEO resigns; asset sale of OEM business still pending","bullets":["CEO Terence Wise notified resignation from CEO and board; effective shortly after closing of asset sale.","Asset sale of OEM business to FC: preliminary terms agreed, but definitive agreement and approvals not yet in place.","Agency Agreement with FC extended to May 2, 2025 from original April 30 expiry.","No assurance that asset sale will close; company to provide updates as developments occur."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-003025","json":"https://secwatch.observer/filing/0001683168-25-003025.json","markdown":"https://secwatch.observer/filing/0001683168-25-003025.md","text":"https://secwatch.observer/filing/0001683168-25-003025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316825003025/0001683168-25-003025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316825003025/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T01:21:07.665422+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":"a4bdb633dd","claim":"Terence Wise resigned as Chief Executive Officer at Forward Industries, Inc..","evidence_excerpt":"Mr. Terence Wise notified the Company of his intention to resign from his position as the Company’s Chief Executive Officer and as a member of the Company’s Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316825003025/0001683168-25-003025-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}