---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-004223"
form_type: "8-K"
ticker: "FWDI"
cik: "0000038264"
company_name: "Forward Industries, Inc."
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-20T00:29:28.834048+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Forward Industries sets CEO interim salary, CFO raise, and director compensation

## Summary
- Interim CEO Michael Pruitt receives annual base salary of $200,000 effective May 16, 2025.
- CFO Kathleen Weisberg's salary increased from $250,000 to $275,000 effective June 1, 2025.
- Independent directors granted 12,147 stock options at $6.37 with 12-month vesting and 5-year term.
- Annual cash compensation for independent directors: Chair Sangita Shah $100,000, Hyrnkow $70,000, Johnson $40,000.

## SEC filing metadata
- accession: 0001683168-25-004223
- form_type: 8-K
- ticker: FWDI
- cik: 0000038264
- company_name: Forward Industries, Inc.
- filed_at: 2025-06-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38264/000168316825004223/0001683168-25-004223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38264/000168316825004223/forward_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-004223
- JSON: https://secwatch.observer/filing/0001683168-25-004223.json
- Plain text: https://secwatch.observer/filing/0001683168-25-004223.txt

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