---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-003049"
form_type: "8-K"
ticker: "FWDI"
cik: "0000038264"
company_name: "Forward Industries, Inc."
filed_at: "2026-04-17T23:59:59+00:00"
generated_at: "2026-05-15T05:39:00.461957+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Forward Industries awards equity to CFO Mark Brazier: 275K options, 275K RSUs, 275K PSUs

## Summary
- 275,000 non-qualified stock options: 137,500 at $9.18, 137,500 at $13.77, 10-year term.
- Options vest 25% on Apr 13, 2027, remainder quarterly over 3 years.
- 275,000 RSUs with same vesting schedule as options.
- 275,000 PSUs vest upon achieving SOL per Share thresholds.
- All awards subject to continued service through vesting dates.

## SEC filing metadata
- accession: 0001683168-26-003049
- form_type: 8-K
- ticker: FWDI
- cik: 0000038264
- company_name: Forward Industries, Inc.
- filed_at: 2026-04-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38264/000168316826003049/0001683168-26-003049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38264/000168316826003049/forward_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-003049
- JSON: https://secwatch.observer/filing/0001683168-26-003049.json
- Plain text: https://secwatch.observer/filing/0001683168-26-003049.txt

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