secwatch.observer — SEC 8-K summary
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Issuer:     Forward Industries, Inc. (FWDI)
CIK:        0000038264
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001683168-26-003049
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38264/000168316826003049/0001683168-26-003049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38264/000168316826003049/forward_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-003049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer