As of November 7, 2026, 3 holders' latest Schedule 13D or 13G filings report owning 5% or more of Forward Air Corp. The largest reported stake is Clearlake Capital Group, L.P.'s, at 12.6%. 9 filings are on record since July 3, 2025 (Schedule 13D/A, July 3, 2025).
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Key facts
- · Reporting person: Barclays PLC · Sole voting: 1,049,912 · Shared voting: 95,258 · Sole dispositive: 1,049,912 · Shared dispositive: 95,258 · SCHEDULE 13G/A, 2026-11-06
- · Reporting person: BlackRock, Inc. · Sole voting: 1,608,503 · Shared voting: 0 · Sole dispositive: 1,639,952 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-10-27
- · Holder: Barclays PLC · Percent: 7.84% · SCHEDULE 13G
- · Reporting person: Fmr LLC · Sole voting: 1,993,042 · Shared voting: 0 · Sole dispositive: 2,008,264 · Shared dispositive: 0 · SCHEDULE 13G, 2026-08-06
- · Reporting person: FFI Fund Ltd. · Sole voting: 0 · Shared voting: 1,127,575 · Sole dispositive: 0 · Shared dispositive: 1,127,575 · SCHEDULE 13G, 2026-07-28
Forward Air Corp has 9 Schedule 13D or 13G filings on record since 2025-07-03. 3 holders' latest filing reports 5% or more of common-stock. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Clearlake Capital Group, L.P. | 12.6% | 3,825,000 | SCHEDULE 13D/A, 2025-07-03 | 2025-07-03 |
| Fmr LLC | 6.4% | 2,008,264 | SCHEDULE 13G, 2026-08-06 | 2026-06-30 |
| Bracebridge Capital, LLC | 5.1% | 1,608,505 | SCHEDULE 13G, 2026-07-28 | 2026-07-23 |
| BlackRock, Inc. | 4.9% | 1,639,952 | SCHEDULE 13G/A, 2026-10-27 | 2026-09-30 |
| Barclays PLC | 3.38% | 1,145,170 | SCHEDULE 13G/A, 2026-11-06 | 2026-09-30 |
| Cetus Capital VI, L.P. | 0.76% | 245,588 | SCHEDULE 13G/A, 2026-05-12 | 2026-03-31 |
| The Vanguard Group | 0% | 0 | SCHEDULE 13G/A, 2026-03-26 | 2026-03-13 |
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More on Forward Air Corp and the records around it.
Forward Air Corp elsewhere on the record
- Leadership changes Jul 2026
- Who owns it
Companies that share a holder
- Cetus Capital VI, L.P. also filed stake reports on 1 other company: Magnera Corp (Aug 2026)
- Barclays PLC also filed stake reports on 116 other companies: BIGLARI HOLDINGS INC-B (Nov 2026), CABLE ONE INC (Nov 2026), CALISA ACQUISITION CORP (Nov 2026)
- FMR LLC also filed stake reports on 761 other companies: ASPEN NEUROSCIENCE INC (Nov 2026), AVALO THERAPEUTICS INC (Nov 2026), BRAZE INC (Nov 2026)
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Fmr LLC | 1,993,042 | 0 | 2,008,264 | 0 | SCHEDULE 13G, 2026-08-06 |
| Abigail P. Johnson | 0 | 0 | 2,008,264 | 0 | SCHEDULE 13G, 2026-08-06 |
| FFI Fund Ltd. | 0 | 1,127,575 | 0 | 1,127,575 | SCHEDULE 13G, 2026-07-28 |
| FYI Ltd. | 0 | 238,032 | 0 | 238,032 | SCHEDULE 13G, 2026-07-28 |
| Olifant Fund, Ltd. | 0 | 242,898 | 0 | 242,898 | SCHEDULE 13G, 2026-07-28 |
| Bracebridge Capital, LLC | 0 | 1,608,505 | 0 | 1,608,505 | SCHEDULE 13G, 2026-07-28 |
| BlackRock, Inc. | 1,608,503 | 0 | 1,639,952 | 0 | SCHEDULE 13G/A, 2026-10-27 |
| Barclays PLC | 1,049,912 | 95,258 | 1,049,912 | 95,258 | SCHEDULE 13G/A, 2026-11-06 |
The latest filing identifies Forward Air Corp by CUSIP 34986A104 and gives its principal executive office as 3200 Olympus Boulevard, Suite 300, Dallas, TX 75019 (SCHEDULE 13G/A, 2026-11-06).
What the percentages are based on
As of the date hereof, the Reporting Persons, in the aggregate, may be deemed the beneficial owner of approximately 5.1% of shares of Common Stock outstanding, which amount includes (i) 3.6% directly owned by FFI, (ii) 0.8% directly owned by FYI, and (iii) 0.8% directly owned by Olifant.Bracebridge Capital, LLC, SCHEDULE 13G, 2026-07-28
Purpose of Transaction (Item 4)
Clearlake Capital Group, L.P.
Item 4 of the Initial Statement is hereby amended and restated as follows: In connection with the publicly announced review of strategic alternatives by the Board of Directors of the Issuer (the "Board"), the Reporting Persons anticipate, subject to further due diligence and applicable internal approvals, to submit one or more non-binding proposals (any such proposal, a "Proposal") to the Board offering to acquire all of the outstanding shares of Common Stock that the Reporting Persons do not already own for cash consideration, on terms and conditions to be set forth in any such proposal (any such transaction, a "Proposed Transaction"). The Reporting Persons previously entered into a standard confidentiality agreement with the Issuer in connection with the review of strategic alternatives, including containing customary "standstill" and other customary non-disclosure and non-use provisions. The submission of a Proposal does not obligate in any way the Reporting Persons or the Issuer to negotiate or enter into definitive transaction documentation with respect to a transaction or otherwise complete a Proposed Transaction, and a binding commitment with respect to a Proposed Transaction will result only from the execution and delivery of definitive transaction documentation. Any definitive transaction documentation entered into in connection with a Proposed Transaction is likely to be subject to customary closing conditions. The Reporting Persons make no assurance that any …The first part of Item 4 of the SCHEDULE 13D/A filed 2025-07-03; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-03 | Clearlake Capital Group, L.P. | 12.6% | SCHEDULE 13D/A |
| 2026-03-26 | The Vanguard Group | 0% | SCHEDULE 13G/A |
| 2026-05-12 | Cetus Capital VI, L.P. | 0.76% | SCHEDULE 13G/A |
| 2026-07-08 | BlackRock, Inc. | 5.4% | SCHEDULE 13G/A |
| 2026-07-28 | Bracebridge Capital, LLC | 5.1% | SCHEDULE 13G |
| 2026-08-06 | Fmr LLC | 6.4% | SCHEDULE 13G |
| 2026-08-13 | Barclays PLC | 7.84% | SCHEDULE 13G |
| 2026-10-27 | BlackRock, Inc. | 4.9% | SCHEDULE 13G/A |
| 2026-11-06 | Barclays PLC | 3.38% | SCHEDULE 13G/A |
Questions about who owns Forward Air Corp
Who owns Forward Air Corp?
On this page, 3 holders' latest ownership filings report 5% or more of Forward Air Corp: Clearlake Capital Group, L.P. (12.6%, Schedule 13D/A, filed 2025-07-03), Fmr LLC (6.4%, Schedule 13G, filed 2026-08-06) and Bracebridge Capital, LLC (5.1%, Schedule 13G, filed 2026-07-28).
Who are the largest shareholders of Forward Air Corp?
By the share each holder's latest filing reports, the largest holders of Forward Air Corp on this page are Clearlake Capital Group, L.P. (12.6%), Fmr LLC (6.4%) and Bracebridge Capital, LLC (5.1%).
When did Clearlake Capital Group, L.P. buy into Forward Air Corp?
The filings give report dates, not purchase dates. The earliest filing from Clearlake Capital Group, L.P. on this page is the Schedule 13D/A, filed 2025-07-03, reporting 12.6%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 9 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for Forward Air Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| July 10, 2026 | Leadership change: Jerome Lorrain departs, Executive Chairman, and 1 more | — | Leadership changes | Source |
| April 29, 2026 | Leadership change filing (Form 8-K, Item 5.02) | — | Leadership changes | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.