Forward Industries CEO buys 1,000 company shares in IRA

Forward Industries, Inc. reported an insider stock purchase by its Chief Executive Officer, Michael D. Pruitt.

Rhea-AI Filing Summary

Forward Industries, Inc. reported an insider stock purchase by its Chief Executive Officer, Michael D. Pruitt. On 12/15/2025, Pruitt bought 1,000 shares of the company’s common stock at a price of $7.44 per share.

The report shows that, after this transaction, he beneficially owns 1,000 shares indirectly through an individual retirement account (IRA). The filing is made by a single reporting person and identifies Pruitt as an officer serving as Chief Executive Officer.

Insider Trade Summary

Net Buyer: 1,000 shares

Net Buy 1 txn

Insider Pruitt Michael D

Role Chief Executive Officer

Bought 1,000 shs ($7K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,000	$7.44	$7K

Holdings After Transaction: Common Stock — 1,000 shares (Indirect, By IRA)

Footnotes (1)

1. F1. The shares were purchased through the Reporting Person's IRA.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Forward Industries (FORD) disclose?

Forward Industries disclosed that Chief Executive Officer Michael D. Pruitt purchased 1,000 shares of its common stock on 12/15/2025 at $7.44 per share.

Who is the insider involved in this Forward Industries (FORD) filing?

The insider is Michael D. Pruitt, who is identified as an officer and serves as the company’s Chief Executive Officer.

How many Forward Industries (FORD) shares does Michael D. Pruitt own after the transaction?

Following the reported transaction, Michael D. Pruitt beneficially owns 1,000 shares of Forward Industries common stock, held indirectly through an IRA.

At what price were the Forward Industries (FORD) shares purchased in this insider trade?

The filing states that the 1,000 shares of Forward Industries common stock were purchased at a price of $7.44 per share.

Was the Forward Industries (FORD) insider purchase made directly or through an account?

The filing explains that the shares were purchased through the reporting person’s IRA, so they are reported as indirectly owned.

How many reporting persons are included in this Forward Industries (FORD) insider report?

The document indicates that the form is filed by one reporting person, covering only Michael D. Pruitt’s holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 12/15/2025 - 04:10 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pruitt Michael D

(Last) (First) (Middle)

C/O FORWARD INDUSTRIES, INC.

700 VETERANS MEMORIAL HWY, SUITE 100

(Street)

HAUPPAUGE NY 11788

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Forward Industries, Inc. [ FWDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/15/2025		P		1,000	A	$7.44	1,000	I	By IRA(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were purchased through the Reporting Person's IRA.

	/s/ Michael D. Pruitt	12/15/2025
	** 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 4 (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.