Doug Madden

Insider

First SEC filing: Sept. 10, 2015 · Latest: Sept. 10, 2015

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Insider at Companies where this person is a reporting insider.
Insider transactions Every share this person bought or sold, from Form 4 filings.
Derivatives Options and other derivative holdings reported by this person.
Initial holdings The stakes this person held when they first started reporting.

Insider at

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 38 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

38 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
May 10, 2017	FWRD	A	1,686	—	—	4,745 Direct	+55.12%	Acquired	(price as of 2026-08-20)
May 11, 2016	FWRD	A	1,965	—	—	3,059 Direct	+179.62%	Acquired	(price as of 2026-08-20)
Sept. 8, 2015	FWRD	A	1,094	—	—	1,094 Direct	—	Acquired	(price as of 2026-08-20)
March 31, 2013	CE	D	3,702	—	—	45,784 Direct	-7.48%	Disposed	(price as of 2026-08-20)
March 31, 2013	CE	D	3,092	—	—	19,743 Direct	-13.54%	Disposed	(price as of 2026-08-20)
March 31, 2013	CE	D	8,599	—	—	16,421 Direct	-34.37%	Disposed	(price as of 2026-08-20)
Dec. 20, 2012	CE	F	9,305	$44.90	$417,794	49,486 Direct	-15.83%	Disposed	3.7% (price as of 2026-08-20)
Dec. 6, 2012	CE	S	40,813	$41.63	$1,699,045	58,791 Direct	-40.98%	Disposed	11.8% (price as of 2026-08-20)
Dec. 5, 2012	CE	M	56,775	$16.00	$908,400	239,878 Direct	+31.01%	Acquired	191.0% (price as of 2026-08-20)
Dec. 5, 2012	CE	S	140,274	$42.03	$5,895,716	99,604 Direct	-58.48%	Disposed	10.8% (price as of 2026-08-20)
Dec. 5, 2012	CE	M	56,775	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Oct. 9, 2012	CE	A	22,231	—	—	191,207 Direct	+13.16%	Acquired	(price as of 2026-08-20)
Oct. 9, 2012	CE	F	8,104	$38.08	$308,600	183,103 Direct	-4.24%	Disposed	22.3% (price as of 2026-08-20)
Oct. 1, 2012	CE	F	4,842	$38.08	$184,383	168,976 Direct	-2.79%	Disposed	22.3% (price as of 2026-08-20)
Feb. 3, 2012	CE	M	28,289	—	—	56,775 Direct	-33.26%	Disposed	(price as of 2026-08-20)
Feb. 3, 2012	CE	M	71,711	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-20)
Feb. 3, 2012	CE	S	100,000	$51.45	$5,145,000	173,818 Direct	-36.52%	Disposed	-9.5% (price as of 2026-08-20)
Feb. 3, 2012	CE	M	100,000	$16.00	$1,600,000	273,818 Direct	+57.53%	Acquired	191.0% (price as of 2026-08-20)
Dec. 20, 2011	CE	A	42,548	—	—	173,818 Direct	+32.41%	Acquired	(price as of 2026-08-20)
Oct. 14, 2011	CE	F	10,070	$40.30	$405,821	131,270 Direct	-7.12%	Disposed	15.5% (price as of 2026-08-20)
Oct. 14, 2011	CE	A	27,626	—	—	141,340 Direct	+24.29%	Acquired	(price as of 2026-08-20)
Oct. 10, 2011	CE	F	809	$33.75	$27,304	113,714 Direct	-0.71%	Disposed	37.9% (price as of 2026-08-20)
Oct. 10, 2011	CE	A	2,218	—	—	114,523 Direct	+1.97%	Acquired	(price as of 2026-08-20)
Oct. 3, 2011	CE	A	25,020	—	—	25,020 Direct	—	Acquired	(price as of 2026-08-20)
Oct. 3, 2011	CE	A	10,862	—	—	112,305 Direct	+10.71%	Acquired	(price as of 2026-08-20)
Oct. 1, 2011	CE	F	3,283	$33.75	$110,801	101,443 Direct	-3.13%	Disposed	37.9% (price as of 2026-08-20)
Jan. 10, 2011	CE	F	2,802	$42.34	$118,637	104,726 Direct	-2.61%	Disposed	10.0% (price as of 2026-08-20)
Jan. 10, 2011	CE	A	10,284	—	—	107,528 Direct	+10.58%	Acquired	(price as of 2026-08-20)
Oct. 1, 2010	CE	A	22,835	—	—	22,835 Direct	—	Acquired	(price as of 2026-08-20)
Oct. 1, 2010	CE	A	10,735	—	—	97,244 Direct	+12.41%	Acquired	(price as of 2026-08-20)
Oct. 1, 2010	CE	F	2,625	$32.35	$84,919	86,509 Direct	-2.95%	Disposed	43.9% (price as of 2026-08-20)
Feb. 10, 2010	CE	A	16,795	—	—	16,795 Direct	—	Acquired	(price as of 2026-08-20)
Oct. 15, 2009	CE	F	627	$24.68	$15,474	65,134 Direct	-0.95%	Disposed	88.6% (price as of 2026-08-20)
Oct. 15, 2009	CE	A	2,368	—	—	65,761 Direct	+3.74%	Acquired	(price as of 2026-08-20)
Sept. 9, 2009	CE	A	24,000	—	—	24,000 Direct	—	Acquired	(price as of 2026-08-20)
Oct. 14, 2008	CE	A	3,859	—	—	64,415 Direct	+6.37%	Acquired	(price as of 2026-08-20)
Oct. 14, 2008	CE	F	1,022	$26.71	$27,298	63,393 Direct	-1.59%	Disposed	74.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	M	99,600	—	—	85,064 Direct	-53.94%	Disposed	(price as of 2026-08-20)
Dec. 12, 2007	CE	S	4,000	$42.76	$171,040	87,856 Direct	-4.35%	Disposed	8.9% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,700	$42.75	$72,675	91,856 Direct	-1.82%	Disposed	8.9% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	5,200	$42.74	$222,248	93,556 Direct	-5.27%	Disposed	8.9% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,000	$42.73	$85,460	98,756 Direct	-1.98%	Disposed	9.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,000	$42.72	$42,720	100,756 Direct	-0.98%	Disposed	9.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,000	$42.71	$85,420	101,756 Direct	-1.93%	Disposed	9.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.70	$21,350	103,756 Direct	-0.48%	Disposed	9.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.69	$21,345	104,256 Direct	-0.48%	Disposed	9.1% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	800	$42.66	$34,128	104,756 Direct	-0.76%	Disposed	9.1% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.65	$21,325	105,556 Direct	-0.47%	Disposed	9.2% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.64	$21,320	106,056 Direct	-0.47%	Disposed	9.2% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,000	$42.63	$42,630	106,556 Direct	-0.93%	Disposed	9.2% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,900	$42.60	$123,540	107,556 Direct	-2.63%	Disposed	9.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,000	$42.59	$42,590	110,456 Direct	-0.90%	Disposed	9.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	3,000	$42.58	$127,740	111,456 Direct	-2.62%	Disposed	9.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,300	$42.57	$97,911	114,456 Direct	-1.97%	Disposed	9.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	800	$42.56	$34,048	116,756 Direct	-0.68%	Disposed	9.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	6,100	$42.55	$259,555	117,556 Direct	-4.93%	Disposed	9.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,000	$42.54	$42,540	123,656 Direct	-0.80%	Disposed	9.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	4,800	$42.53	$204,144	124,656 Direct	-3.71%	Disposed	9.5% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	4,300	$42.52	$182,836	129,456 Direct	-3.21%	Disposed	9.5% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,500	$42.51	$106,275	133,756 Direct	-1.83%	Disposed	9.5% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	6,000	$42.50	$255,000	136,256 Direct	-4.22%	Disposed	9.5% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	5,000	$42.49	$212,450	142,256 Direct	-3.40%	Disposed	9.6% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	100	$42.46	$4,246	147,256 Direct	-0.07%	Disposed	9.6% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	300	$42.45	$12,735	147,356 Direct	-0.20%	Disposed	9.7% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	5,500	$42.43	$233,365	147,656 Direct	-3.59%	Disposed	9.7% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,000	$42.42	$84,840	153,156 Direct	-1.29%	Disposed	9.7% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	5,000	$42.18	$210,900	155,156 Direct	-3.12%	Disposed	10.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	M	99,600	$16.00	$1,593,600	160,156 Direct	-38.34%	Disposed	191.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	800	$43.35	$34,680	60,556 Direct	-1.30%	Disposed	7.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	100	$43.24	$4,324	61,356 Direct	-0.16%	Disposed	7.7% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	100	$43.13	$4,313	61,456 Direct	-0.16%	Disposed	7.9% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$43.12	$21,560	61,556 Direct	-0.81%	Disposed	8.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$43.11	$21,555	62,056 Direct	-0.80%	Disposed	8.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	400	$43.09	$17,236	62,556 Direct	-0.64%	Disposed	8.0% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	100	$43.08	$4,308	62,956 Direct	-0.16%	Disposed	8.1% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	400	$43.00	$17,200	63,056 Direct	-0.63%	Disposed	8.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	600	$42.99	$25,794	63,456 Direct	-0.94%	Disposed	8.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,000	$42.98	$42,980	64,056 Direct	-1.54%	Disposed	8.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,000	$42.97	$85,940	65,056 Direct	-2.98%	Disposed	8.3% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,200	$42.96	$94,512	67,056 Direct	-3.18%	Disposed	8.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,900	$42.95	$81,605	69,256 Direct	-2.67%	Disposed	8.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,500	$42.94	$64,410	71,156 Direct	-2.06%	Disposed	8.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	800	$42.93	$34,344	72,656 Direct	-1.09%	Disposed	8.4% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	700	$42.92	$30,044	73,456 Direct	-0.94%	Disposed	8.5% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.91	$21,455	74,156 Direct	-0.67%	Disposed	8.5% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.89	$21,445	74,656 Direct	-0.67%	Disposed	8.5% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	300	$42.88	$12,864	75,156 Direct	-0.40%	Disposed	8.6% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.86	$21,430	75,456 Direct	-0.66%	Disposed	8.6% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,300	$42.85	$55,705	75,956 Direct	-1.68%	Disposed	8.6% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.84	$21,420	77,256 Direct	-0.64%	Disposed	8.7% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.82	$21,410	77,756 Direct	-0.64%	Disposed	8.7% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	200	$42.81	$8,562	78,256 Direct	-0.25%	Disposed	8.7% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	1,300	$42.80	$55,640	78,456 Direct	-1.63%	Disposed	8.8% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,000	$42.79	$85,580	79,756 Direct	-2.45%	Disposed	8.8% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	2,000	$42.79	$85,580	79,756 Direct	-2.45%	Disposed	8.8% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	5,600	$42.78	$239,568	81,756 Direct	-6.41%	Disposed	8.8% (price as of 2026-08-20)
Dec. 12, 2007	CE	S	500	$42.77	$21,385	87,356 Direct	-0.57%	Disposed	8.8% (price as of 2026-08-20)
Dec. 11, 2007	CE	M	400	—	—	71,711 Direct	-0.55%	Disposed	(price as of 2026-08-20)
Dec. 11, 2007	CE	S	400	$42.00	$16,800	60,556 Direct	-0.66%	Disposed	10.8% (price as of 2026-08-20)
Dec. 11, 2007	CE	M	400	$16.00	$6,400	60,956 Direct	+0.66%	Acquired	191.0% (price as of 2026-08-20)

Showing latest 100 of 108 transactions

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
March 31, 2013	CE	Non-Qualified Stock Option (right to buy)	Series A Common Stock (3,092)	$32.35	Oct. 1, 2017	3,092	Disposed
March 31, 2013	CE	Non-Qualified Stock Option (right to buy)	Series A Common Stock (8,599)	$32.51	Oct. 1, 2018	8,599	Disposed
Dec. 5, 2012	CE	Non-Qualified Stock Option (right to buy)	Series A Common Stock (56,775)	$16.00	Jan. 21, 2015	56,775	Disposed
Feb. 3, 2012	CE	Non-Qualified Stock Option (right to buy)	Series A Common Stock (28,289)	$16.00	Jan. 21, 2015	28,289	Disposed
Feb. 3, 2012	CE	Non-Qualified Stock Option (right to buy)	Series A Common Stock (71,711)	$16.00	Jan. 21, 2015	71,711	Disposed
Oct. 3, 2011	CE	Non-Qualified Stock Option (right to buy)	Series A Common Stock (25,020)	$32.51	Oct. 1, 2018	25,020	Acquired
Oct. 1, 2010	CE	Non-Qualified Stock Option (right to buy) [F2]	Series A Common Stock (22,835)	$32.35	—	22,835	Acquired
Feb. 10, 2010	CE	Restricted Stock Unit	Series A Common Stock (16,795)	—	—	16,795	Acquired
Dec. 12, 2007	CE	Non-Qualified Stock Option (Right to Buy)	Series A Common Stock (99,600)	$16.00	Jan. 21, 2015	99,600	Disposed
Dec. 11, 2007	CE	Non-Qualified Stock Option (Right to Buy)	Series A Common Stock (400)	$16.00	Jan. 21, 2015	400	Disposed
Sept. 21, 2007	CE	Employee Stock Option (right to buy)	Series A Common Stock (51,000)	$16.00	Jan. 21, 2013	51,000	Disposed
Jan. 20, 2005	CE	Series A Common Stock	Seris A Common Stock (307,775)	$16.00	Jan. 20, 2015	307,775	Acquired
Jan. 20, 2005	CE	Non-Qualified Stock Option (Right to Buy)	Series A Common Stock (123,110)	$16.00	Jan. 20, 2015	123,110	Acquired
Jan. 20, 2005	CE	Non-Qualified Stock Option (Right to Buy)	Series A Common Stock (184,665)	$16.00	Jan. 20, 2015	184,665	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 4 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
Sept. 10, 2015	FWRD	Common Stock	0	Direct
May 4, 2007	CE	Class A Common Stock	60,556	Direct
May 4, 2007	CE	Class A Common Stock	—	Indirect
May 4, 2007	CE	Employee Stock Option (right to buy)→ Class A Common Stock (307,775)	307,775	Direct