Michael B Hodge — SEC Insider Profile, Roles & Companies

Insider at

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 26 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

No open-market trades on record; showing all filings.

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
June 13, 2025	FWRD	A	6,432	·	·	86,883 Direct	+7.99%	Acquired	(price as of 2026-10-05)
June 13, 2025	FWRD	A	6,963	·	·	93,846 Direct	+8.01%	Acquired	(price as of 2026-10-05)
May 6, 2025	FWRD	A	70,000	·	·	80,451 Direct	+669.79%	Acquired	(price as of 2026-10-05)
May 6, 2025	FWRD	D	70,000	·	·	490,774 Direct	-12.48%	Disposed	(price as of 2026-10-05)
Oct. 30, 2024	FWRD	J	991,945	·	·	0 Indirect	-100.00%	Disposed	(price as of 2026-10-05)
Oct. 30, 2024	FWRD	J	560,774	·	·	560,774 Direct	·	Acquired	(price as of 2026-10-05)
Oct. 30, 2024	FWRD	J	991,945	·	·	0 Indirect	-100.00%	Disposed	(price as of 2026-10-05)
Oct. 30, 2024	FWRD	J	560,774	·	·	560,774 Direct	·	Acquired	(price as of 2026-10-05)
Aug. 2, 2024	FWRD	C	577,814	·	·	911,945 Indirect	+172.93%	Acquired	(price as of 2026-10-05)
Aug. 2, 2024	FWRD	C	577,814	·	·	911,945 Indirect	+172.93%	Acquired	(price as of 2026-10-05)
July 9, 2024	FWRD	J	21,788	·	·	334,131 Indirect	+6.98%	Acquired	(price as of 2026-10-05)
July 9, 2024	FWRD	J	21,788	·	·	334,131 Indirect	+6.98%	Acquired	(price as of 2026-10-05)
July 9, 2024	FWRD	J	37,678	·	·	577,864 Indirect	+6.98%	Acquired	(price as of 2026-10-05)
May 31, 2024	FWRD	J	460,871	·	·	312,343 Indirect	-59.60%	Disposed	(price as of 2026-10-05)
May 31, 2024	FWRD	J	460,871	·	·	312,343 Indirect	-59.60%	Disposed	(price as of 2026-10-05)
May 31, 2024	FWRD	J	796,944	·	·	540,186 Indirect	-59.60%	Disposed	(price as of 2026-10-05)
May 22, 2024	FWRD	J	27,128	·	·	773,214 Indirect	+3.64%	Acquired	(price as of 2026-10-05)
May 22, 2024	FWRD	J	27,128	·	·	773,214 Indirect	+3.64%	Acquired	(price as of 2026-10-05)
May 22, 2024	FWRD	J	46,916	·	·	1,337,130 Indirect	+3.64%	Acquired	(price as of 2026-10-05)
March 14, 2024	FWRD	J	948,588	·	·	746,086 Indirect	-55.97%	Disposed	(price as of 2026-10-05)
March 14, 2024	FWRD	J	948,588	·	·	746,086 Indirect	-55.97%	Disposed	(price as of 2026-10-05)
March 14, 2024	FWRD	J	1,640,350	·	·	1,290,214 Indirect	-55.97%	Disposed	(price as of 2026-10-05)
Feb. 23, 2024	FWRD	A	451	·	·	10,451 Direct	+4.51%	Acquired	(price as of 2026-10-05)
Jan. 25, 2024	FWRD	A	2,930,614	·	·	2,930,614 Indirect	·	Acquired	(price as of 2026-10-05)
Jan. 25, 2024	FWRD	A	1,694,674	·	·	1,694,674 Indirect	·	Acquired	(price as of 2026-10-05)
Jan. 25, 2024	FWRD	A	1,694,674	·	·	1,694,674 Indirect	·	Acquired	(price as of 2026-10-05)

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
May 6, 2025	FWRD	Class B Units	Common Stock (70,000)	$0.00	·	70,000	Disposed
Oct. 30, 2024	FWRD	Series B Preferred Units	Common Stock (991,945)	$0.00	·	991,945	Disposed
Oct. 30, 2024	FWRD	Series B Preferred Units	Common Stock (560,774)	$0.00	·	560,774	Acquired
Oct. 30, 2024	FWRD	Class B Units	Common Stock (991,945)	$0.00	·	991,945	Disposed
Oct. 30, 2024	FWRD	Class B Units	Common Stock (560,774)	$0.00	·	560,774	Acquired
Aug. 2, 2024	FWRD	Series B Preferred Units	Common Stock (577,814)	$0.00	·	577,814	Acquired
Aug. 2, 2024	FWRD	Class B Units	Common Stock (577,814)	$0.00	·	577,814	Acquired
July 9, 2024	FWRD	Series B Preferred Units	Common Stock (21,788)	$0.00	·	21,788	Acquired
July 9, 2024	FWRD	Class B Units	Common Stock (21,788)	$0.00	·	21,788	Acquired
July 9, 2024	FWRD	Series C-2 Units	Class B Units (37,678)	$0.00	·	37,678	Acquired
May 31, 2024	FWRD	Series B Preferred Units	Common Stock (460,871)	$0.00	·	460,871	Disposed
May 31, 2024	FWRD	Class B Units	Common Stock (460,871)	$0.00	·	460,871	Disposed
May 31, 2024	FWRD	Series C-2 Units	Class B Units (796,944)	$0.00	·	796,944	Disposed
May 22, 2024	FWRD	Series B Preferred Units	Common Stock (27,128)	$0.00	·	27,128	Acquired
May 22, 2024	FWRD	Class B Units	Common Stock (27,128)	$0.00	·	27,128	Acquired
May 22, 2024	FWRD	Series C-2 Units	Class B Units (46,916)	$0.00	·	46,916	Acquired
March 14, 2024	FWRD	Series B Preferred Units	Common Stock (948,588)	$0.00	·	948,588	Disposed
March 14, 2024	FWRD	Class B Units	Common Stock (948,588)	$0.00	·	948,588	Disposed
March 14, 2024	FWRD	Series C-2 Units	Class B Units (1,640,350)	$0.00	·	1,640,350	Disposed
Jan. 25, 2024	FWRD	Series C-2 Units	Series B Preferred Units and Class B Units (2,930,614)	$0.00	·	2,930,614	Acquired
Jan. 25, 2024	FWRD	Class B Units	Common Stock (1,694,674)	$0.00	·	1,694,674	Acquired
Jan. 25, 2024	FWRD	Series B Preferred Units	Common Stock (1,694,674)	$0.00	·	1,694,674	Acquired

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

Initial ownership (Form 3) 1 holding

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

Date	Ticker	Security	Shares	Ownership
Jan. 29, 2024	FWRD	Common Stock	10,000	Direct