As of November 10, 2026, Forward Air Corp. is a publicly traded company (Nasdaq: FWRD). The largest holder reporting an active stake on Schedule 13D is Clearlake Capital Group, L.P., at 12.6%. No bankruptcy or receivership appears in its SEC Form 8-K filings. Passive holders reporting on Schedule 13G include Fidelity (FMR) (6.4%), Bracebridge Capital, LLC (5.1%) (Schedule 13D/A, July 3, 2025).
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Is Forward Air Corp. a real, registered company?
- Forward Air Corp files with the SEC under CIK 912728 (its SEC filings).
- Its shares are listed under the ticker FWRD on Nasdaq (SEC company record).
- Incorporated in Delaware; business address in Dallas, Texas, as its SEC filings state.
- Court and bankruptcy records: see Before you sign or pay below.
Before you sign or pay
- Court and bankruptcy: No federal court case or bankruptcy filing found under FORWARD AIR CORP in our court records and SEC 8-K records (as of 2026-11-10).
- Leadership changes: the latest reported is Jerome Lorrain, Executive Chairman (Form 8-K filed 2026-07-10). Check you are dealing with the people now in charge.
- Ownership: 5%+ holders are reported on Schedule 13D or 13G; the latest names Barclays (filed 2026-08-13).
Who are Forward Air Corp.'s owners and officers?
Forward Air Corp.: incorporated in Delaware; business address in Dallas, Texas; industry Arrangement of Transportation of Freight & Cargo (Schedule 13G/A, 2026-11-06).
| Report | Holder | Share |
|---|---|---|
| Schedule 13G/A, 2026-11-06 | Barclays PLC | 3.38% |
| Schedule 13G/A, 2026-10-27 | Blackrock, Inc. | 4.9% |
| Schedule 13G, 2026-08-13 | Barclays PLC | 7.84% |
| Schedule 13G, 2026-08-06 | Fmr LLC | 6.4% |
| Schedule 13G, 2026-07-28 | Bracebridge Capital, LLC | 5.1% |
| Schedule 13G/A, 2026-07-08 | Blackrock, Inc. | 5.4% |
| Schedule 13G/A, 2026-05-12 | Cetus Capital Vi, L.P. | 0.76% |
| Schedule 13G/A, 2026-03-26 | The Vanguard Group | 0% |
| Schedule 13D/A, 2025-07-03 | Clearlake Capital Group, L.P. | 12.6% |
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.
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What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
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| Filed | Person | Role | Change | Effective |
|---|---|---|---|---|
| Form 8-K, 2026-07-10 | Jerome Lorrain | Executive Chairman | departed | |
| Form 8-K, 2026-07-10 | Christine M. Gorjanc | Chair of the Board | appointed |
Which insiders own Forward Air Corp. shares?
Directors, officers and holders of 10% or more report their shares on Forms 3, 4 and 5. Each line is the latest such report, largest holding first.
- Cetus Capital VI, L.P., a 10% owner: 3,116,546 shares (9.2% of shares outstanding) (Form 4, 2026-02-17).
- , a director: 382,649 shares (1.1% of shares outstanding), 13,846 held directly and 368,803 indirectly (Form 4, 2025-06-17).
- , a director: 382,649 shares (1.1% of shares outstanding), 13,846 held directly and 368,803 indirectly (Form 4, 2025-06-17).
- , the chief executive and a director: 144,030 shares (0.43% of shares outstanding) (Form 4, 2026-05-01).
- , a director: 93,846 shares (0.28% of shares outstanding) (Form 4, 2025-06-17).
Shares outstanding: 33,752,531 as of 2026-11-04, from the company's latest SEC cover page.
How much has Forward Air Corp. raised?
Latest IPO step: Forward Air Corp. amended its IPO registration (S-1/A, 2024-07-09).
IPO filings: S-1/A, 2024-07-09; ticker FWRD on Nasdaq Capital Market.
Keep reading
More on Forward Air Corp. and the records around it.
Forward Air Corp. elsewhere on the record
- 5%+ stake filings Nov 2026
- Leadership changes Jul 2026
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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