Forward Industries (FORD) CEO buys 500 shares via IRA account

Rhea-AI Filing Summary

Forward Industries, Inc. director and Chief Executive Officer Michael D. Pruitt reported an open-market purchase of 500 shares of Common Stock at $4.1597 per share on May 19, 2026. The shares were bought through his IRA, bringing his indirectly held position to 1,500 shares.

Insider Trade Summary

Net Buyer: 500 shares ($2,080)

Net Buy 1 txn

Insider Pruitt Michael D

Role Chief Executive Officer

Bought 500 shs ($2K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	500	$4.1597	$2K

Holdings After Transaction: Common Stock — 1,500 shares (Indirect, By IRA)

Footnotes (1)

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Key Figures

Shares purchased: 500 shares Purchase price: $4.1597 per share Shares held after transaction: 1,500 shares

3 metrics

Shares purchased 500 shares Open-market purchase on May 19, 2026

Purchase price $4.1597 per share Common Stock transaction through IRA

Shares held after transaction 1,500 shares Indirect holdings following Form 4 transaction

Key Terms

open-market purchase, IRA, indirect ownership

3 terms

open-market purchase financial

"reported an open-market purchase of 500 shares of Common Stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

IRA financial

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

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

indirect ownership financial

"The filing marks the ownership as indirect and attributes it to his IRA."

Form 4 Insider Transactions: What Each Field Means →

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.

111 CONGRESS AVENUE, SUITE 500

(Street)

AUSTIN TEXAS 78701

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/19/2026		P		500	A	$4.1597	1,500	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 Pruitt	05/19/2026
	** 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 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Forward Industries (FORD) report on this Form 4?

Forward Industries reported that CEO and director Michael D. Pruitt executed an open-market purchase of 500 shares of Common Stock. The transaction occurred on May 19, 2026, and was disclosed as a routine Form 4 insider buying activity.

At what price did the Forward Industries (FORD) CEO buy shares?

Michael D. Pruitt bought 500 Forward Industries Common Stock shares at $4.1597 per share. This price reflects the execution level for the reported open-market purchase made through his IRA on May 19, 2026, as shown in the filing.

How many Forward Industries (FORD) shares does the CEO hold after this transaction?

After the reported purchase, Michael D. Pruitt indirectly holds 1,500 shares of Forward Industries Common Stock. The filing states this total as the number of shares beneficially owned following the transaction, all attributed to his IRA account ownership.

Was the Forward Industries (FORD) CEO’s transaction a buy or a sell?

The transaction was a buy. The Form 4 classifies it as an open-market purchase, coded as “P,” with a transaction direction of “buy,” indicating acquisition of additional Common Stock rather than a sale or disposition of existing holdings.

How were the purchased Forward Industries (FORD) shares held by the CEO?

The purchased shares are held indirectly through Michael D. Pruitt’s IRA. The Form 4 marks the ownership as indirect and includes a footnote explaining that the 500 shares were acquired via his IRA, rather than held directly in a personal brokerage account.