Every Form 4 that Forward Industries Inc-N Y (FORD) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow FORD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FORD filings page.
Forward Industries, Inc. director Samani Pyahm reported an internal restructuring of holdings related to a fund distribution, not an open-market trade. An LLC associated with Pyahm received 1,783,519 shares of Common Stock, bringing its indirect Common Stock position to 3,134,871 shares after the transaction.
The same LLC also holds Common Stock Purchase Warrants for 4,458,796 underlying shares. According to the disclosure, these securities were distributed from a pooled investment vehicle managed by Multicoin Capital Management, and no shares were sold and no cash consideration was paid or received in connection with the distribution.
The warrants become exercisable in three one-third tranches when the issuer’s Common Stock trades at specified premiums to a cash Per Share Purchase Price for 20 out of 30 trading days, are subject to a 9.99% ownership limitation, and do not expire.
Forward Industries, Inc. reported that Chief Financial Officer Mark Christopher Brazier received new equity awards. He was granted 275,000 restricted stock units, each representing one future share of common stock upon vesting, and 275,000 stock options under the company’s 2021 Equity Incentive Plan.
The awards were approved by the Compensation Committee and are exempt from Section 16(b) under Rule 16b-3. The securities vest 25% on April 13, 2027, with the remaining 75% vesting in 12 equal quarterly installments, contingent on continued service. Half the options carry a $9.18 exercise price and half a $13.77 exercise price, expiring in 2036.
Forward Industries, Inc. entered into a Securities Repurchase Agreement with Multicoin Capital Master Fund, LP, under which the company repurchased 6,164,324 shares of its common stock at $4.44 per share for a total of $27,369,598.56. The transaction is reported as a disposition of shares to the issuer by a more-than-ten-percent owner, resulting in the reporting group being deemed beneficial owners of 1,783,519 remaining shares of common stock. Multicoin Capital Management, LLC and Tushar Jain may be deemed beneficial owners through their advisory and control roles, but each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Forward Industries, Inc. reported that Chief Executive Officer Michael D. Pruitt was granted stock options for 100,000 shares of common stock. The options have an exercise price of $5.0200 per share and expire on March 10, 2031.
According to the filing, these options vest in four equal quarterly installments, beginning on June 11, 2026, subject to his continued service as a director on each vesting date. Following this grant, he holds 100,000 stock options directly.
Forward Industries, Inc. director Keith J. Johnson received a grant of stock options covering 150,000 shares of common stock. The options have an exercise price of $5.0200 per share and expire on March 10, 2031, serving as equity-based compensation rather than a cash transaction.
These options vest in four equal quarterly installments, starting on June 11, 2026, and each vesting is conditioned on Johnson’s continued service as a director on the applicable vesting date. Following this grant, Johnson holds 150,000 stock options directly.
Forward Industries, Inc. director Sangita Shah reported receiving a grant of stock options on March 10, 2026. The award covers 150,000 stock options for common stock with an exercise price of $5.02 per share and an expiration date of March 10, 2031. These options were granted as compensation, not purchased on the open market, and are held directly. According to the filing, the options vest in four equal quarterly installments, beginning on June 11, 2026, provided Shah continues serving as a director on each vesting date. After this grant, Shah holds 150,000 stock options of this series.
Forward Industries, Inc. reported that Chief Financial Officer Kathleen Weisberg received a grant of stock options covering 50,000 shares of common stock at an exercise price of $4.83 per share. The options expire on March 8, 2036. They vest 25% on June 8, 2026, with the remaining 75% vesting in three equal quarterly installments through March 8, 2027, subject to continued employment. This is a compensation-related award and does not involve any open-market buying or selling of shares.
Navi Ryan David reported acquisition or exercise transactions in this Form 4 filing.
Forward Industries, Inc. reported that Chief Investment Officer Navi Ryan David received new equity compensation. He was granted stock options covering 352,694 shares of common stock expiring on March 8, 2036, with half exercisable at $9.66 per share and half at $14.49.
He also received 382,085 restricted stock units, each representing one share of common stock upon vesting. These RSUs vest 25% on November 17, 2026, with the remaining 75% vesting in 12 equal quarterly installments through November 17, 2029, subject to continued service. Following the grant, he directly owns 392,085 common shares.
Quinn Georgia P reported acquisition or exercise transactions in this Form 4 filing.
Forward Industries General Counsel Georgia P. Quinn received new equity awards as part of her compensation. She was granted stock options covering 293,912 shares of common stock, with half exercisable at $9.66 per share and half at $14.49 per share, expiring in 2036. She also received 293,911 restricted stock units, each representing a contingent right to one share of common stock that vests 25% on November 17, 2026, with the remaining 75% vesting in 12 equal quarterly installments through November 17, 2029, subject to continued service.
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.
Forward Industries received a significant PIPE investment led by Multicoin. Multicoin Capital Master Fund, LP acquired 7,947,843 shares for an aggregate $114,040,000 and Pyahm Samani separately purchased 1,351,352 shares for $25,000,000, both at $18.50 per share. In addition, the lead investor received 4,458,796 pre-funded warrants exercisable into the same number of shares at $0.01 per share, equal to 5% of PIPE securities.
The warrants carry price-based vesting triggers tied to the public share price (150%/200%/250% of the $18.50 purchase price for 20 of 30 trading days after the resale registration statement is effective) and include a 9.99% ownership blocker (adjustable up to 19.99% with 61 days' notice). The filing is an amendment to add additional reporting persons and discloses board designation rights for Multicoin.