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Forward Industries (FORD) director Saurabh Sharma files initial Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Forward Industries, Inc. director Saurabh Sharma filed an initial Form 3, which is a statement of beneficial ownership for newly reportable insiders. The filing does not list any common stock or derivative security transactions or holdings, indicating that only reporting status, not trading activity, is being disclosed.

Positive

  • None.

Negative

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0104
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1. Name and Address of Reporting Person*
Sharma Saurabh

(Last) (First) (Middle)
111 CONGRESS AVENUE
SUITE 500

(Street)
AUSTIN TX 78701

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/03/2026
3. Issuer Name and Ticker or Trading Symbol
Forward Industries, Inc. [ FWDI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
No securities are beneficially owned.
/s/ Saurabh Sharma 03/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 3 filed for Forward Industries (FORD) by Saurabh Sharma show?

The Form 3 identifies Saurabh Sharma as a director of Forward Industries and serves as his initial beneficial ownership report. It shows no reported transactions or derivative positions, focusing solely on establishing his status as an insider subject to ongoing reporting rules.

Does the Forward Industries (FORD) Form 3 for Saurabh Sharma report any share purchases or sales?

No, the Form 3 for Saurabh Sharma reports no share purchases, sales, or derivative exercises. The transaction summary shows zero buy, sell, acquire, or dispose counts, indicating the filing is purely administrative rather than reflecting recent trading activity in Forward Industries stock.

What insider role does Saurabh Sharma have at Forward Industries (FORD)?

Saurabh Sharma is reported as a director of Forward Industries, Inc. on the Form 3. He is not listed as an officer and is not marked as a ten percent owner, so his reporting status is based on his board role rather than large share ownership or executive position.

Are there any derivative securities reported for Saurabh Sharma at Forward Industries (FORD)?

No derivative securities are reported for Saurabh Sharma in this Form 3. The derivativeSummary is empty and derivativeTransactionCount is zero, indicating no listed options, warrants, or other derivative positions tied to Forward Industries common stock in this initial ownership statement.

Does the Forward Industries (FORD) Form 3 indicate any gifts or tax-related share dispositions?

The Form 3 shows no gifts or tax-related dispositions for Saurabh Sharma. GiftCount, giftShares, taxWithholdingCount, and taxWithholdingShares are all zero, confirming there were no such transfers associated with his Forward Industries holdings in this filing.
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