Forward Industries (NASDAQ: FWDI) director Ashe lists 13,514 shares

Rhea-AI Filing Summary

Forward Industries, Inc. director Michael Lawrence Ashe filed an initial insider ownership report. He reports direct holdings of 13,514 shares of Common Stock of Forward Industries, recorded as a holding entry dated 2026-07-14, with no associated buy or sell transaction reported.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ashe Michael Lawrence

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 13,514 shares (Direct)

Key Figures

Common Stock holdings: 13514.0000 shares Buy transactions reported: 0 Holding entries reported: 1

3 metrics

Common Stock holdings 13514.0000 shares Direct holdings reported for director Michael Lawrence Ashe

Buy transactions reported 0 transactionSummary buyCount for this Form 3 filing

Holding entries reported 1 transactionSummary holdingEntries for this Form 3 filing

Key Terms

Common Stock, total_shares_following_transaction, direct_or_indirect

3 terms

Common Stock financial

"The security_title field lists Common Stock as the reported security"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

total_shares_following_transaction financial

"total_shares_following_transaction is reported as 13514.0000"

direct_or_indirect financial

"The direct_or_indirect ownership code is reported as D"

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

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Available on EDGAR 07/23/2026 - 04:10 PM Accepted by SEC EDGAR 07/23/2026 - 04:10 PM Learn about SEC filing dates

FAQ

What does the Forward Industries (FWDI) insider Form 3 report show?

It shows director Michael Lawrence Ashe’s direct ownership of 13,514 Forward Industries Common Stock shares. The filing functions as an initial SEC insider report documenting his existing holdings, with structured data indicating one holding entry and zero buy or sell transactions.

How many Forward Industries (FWDI) shares does Michael Lawrence Ashe hold?

He reports direct ownership of 13,514 shares of Forward Industries Common Stock. This figure appears as total_shares_following_transaction in the structured data for his holding entry dated 2026-07-14, representing his reported position as a company director.

Is there insider buying or selling in this Forward Industries (FWDI) Form 3?

No buy or sell trades are reported in this Form 3. The transactionSummary section shows zero buy transactions, zero sell transactions, and one holding entry, indicating that only Michael Lawrence Ashe’s existing Common Stock position is being disclosed.

What type of ownership does Michael Lawrence Ashe report in FWDI shares?

He reports direct ownership of his Forward Industries shares. The structured data marks the ownership_type field as direct, with direct_or_indirect coded as D, confirming that the 13,514 Common Stock shares are held directly rather than through another entity.

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Ashe Michael Lawrence

(Last) (First) (Middle)

C/O FORWARD INDUSTRIES, INC.

111 CONGRESS AVENUE, SUITE 500

(Street)

AUSTIN TEXAS 78701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
07/14/2026

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

3a. Foreign Trading Symbol

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

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

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

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)
Common Stock	13,514	D

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:

	/s/ Michael Ashe	07/23/2026
	** 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.
* Form 3: SEC 1473 (03-26)