Form 8-K
8-K — FORWARD AIR CORP
Accession: 0001104659-26-051629
Filed: 2026-04-29
Period: 2026-04-24
CIK: 0000912728
SIC: 4731 (ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 24, 2026
FORWARD AIR CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
62-1120025
(State
or other jurisdiction of incorporation)
(I.R.S.
Employer Identification No.)
3200
Olympus Boulevard
Suite
300
Dallas
TX
75019
(Address
of principal executive offices)
(Zip
Code)
000-22490
(Commission
File Number)
Registrant’s telephone number, including
area code: (817) 552-5270
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.01 par value
FWRD
NASDAQ
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 24, 2026, the board
of directors (the “Board”) of Forward Air Corporation (the “Company”) received notice from Charles L. Anderson
and Robert L. Edwards, Jr. that each will not be standing for re-election at the Company’s annual meeting of stockholders to be
held on June 17, 2026 (the “2026 Annual Meeting”). Messrs. Anderson and Edwards were designated by Ridgemont Equity Partners
under the Shareholders Agreement, dated as of January 25, 2024, by and among the Company and affiliates of Ridgemont Equity Partners (the
“Shareholders Agreement”). Mr. Anderson serves as a member of the Board’s Compensation Committee. Mr. Edwards serves
as a member of the Board’s Corporate Governance and Nominating Committee. Neither Mr. Anderson’s nor Mr. Edwards’ decision
not to stand for re-election was the result of any disagreement with the Company on any matter relating to the Company’s operations,
policies, or practices.
Although Ridgemont Equity
Partners has notified the Company that it does not plan to nominate replacement nominees for Messrs. Anderson and Edwards for election
at the 2026 Annual Meeting, it did reserve its director designation rights under the Shareholders Agreement with respect to any future
election of directors.
In connection with Messrs.
Anderson and Edwards not standing for re-election at the 2026 Annual Meeting, the Board will reduce its size from seven directors to five
directors, effective immediately following the 2026 Annual Meeting.
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
FORWARD AIR CORPORATION
Date: April 29, 2026
By:
/s/ Shawn Stewart
Name:
Title:
Shawn Stewart
President and Chief Executive Officer
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Entity File Number
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Entity Registrant Name
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Entity Central Index Key
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Entity Tax Identification Number
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Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
3200
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Entity Address, Address Line Two
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