FORWARD AIR CORP (FWRD) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
FWRD currently has 30.7M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 18.69% over the past 2 years through share issuances.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 11, 2026 |
10-K filing | 30.7M shares outstanding |
31M | 0 |
| Nov 19, 2025 |
POS AM filing: This POS AM filing relates to an offering of common stock by selling stockholders of Forward Air Corporation. |
31M | 0 |
| Nov 05, 2025 |
10-Q filing | 31.0M shares outstanding |
31M | 0 |
| Jun 16, 2025 |
POS AM filing: This POS AM filing registers for sale up to 11,683,943 shares of Common Stock by selling shareholders, consisting of 2,133,479 shares and 9,550,464 shares issuable upon exchange of Opco Class B Units. |
30M | 0 |
| May 08, 2025 |
POS AM filing: This POS AM filing relates to an offering of up to 11,683,943 shares of Common Stock by selling shareholders. |
30M | 0 |
| May 07, 2025 |
10-Q filing | 30.2M shares outstanding |
30M | 0 |
| Mar 31, 2025 |
POS AM filing: This POS AM filing relates to an offering of up to 11,683,943 shares of common stock by selling shareholders. |
28M | 0 |
| Mar 24, 2025 |
10-K filing | 27.5M shares outstanding |
28M | 13M |
| Nov 08, 2024 |
10-Q filing | 27.9M shares outstanding |
28M | 12M |
| Aug 09, 2024 |
10-Q filing | 26.8M shares outstanding |
27M | 13M |
| Jul 09, 2024 |
S-1/A filing: Filing for offer and sale of up to 14,015,018 shares of Common Stock by selling shareholders. |
26M | 14M |
| Jun 10, 2024 |
S-1 filing: This S-1 filing relates to the offer and sale of up to 14,015,018 shares of Common Stock by selling shareholders of Forward Air Corporation. |
26M | 14M |
| May 15, 2024 |
10-Q filing | 26.2M shares outstanding |
26M | 0 |
| Mar 15, 2024 |
10-K filing | 26.0M shares outstanding |
26M | 0 |
| Jan 24, 2024 |
8-K filing: Forward Air Corporation entered into a Settlement and Release Agreement and Amendment No. 1 to the Original Merger Agreement to acquire Omni Newco, LLC for a combination of cash and common equity consideration representing 5,135,005 shares of Forward's outstanding common stock, with a potential for an additional 8,880,010 shares upon shareholder approval. |
26M | 0 |
| Nov 09, 2023 |
10-Q filing | 25.7M shares outstanding |
26M | 0 |
| Aug 07, 2023 |
10-Q filing | 25.9M shares outstanding |
26M | 0 |
| May 10, 2023 |
10-Q filing | 26.4M shares outstanding |
26M | 0 |
| Mar 01, 2023 |
10-K filing | 26.8M shares outstanding |
27M | 0 |
| Nov 09, 2022 |
10-Q filing | 26.8M shares outstanding |
27M | 0 |
| Aug 09, 2022 |
10-Q filing | 26.9M shares outstanding |
27M | 0 |
| May 09, 2022 |
10-Q filing | 26.9M shares outstanding |
27M | 0 |
| Mar 01, 2022 |
10-K filing | 27.2M shares outstanding |
27M | 0 |
| Nov 08, 2021 |
10-Q filing | 27.0M shares outstanding |
27M | 0 |
| Aug 10, 2021 |
10-Q filing | 27.3M shares outstanding |
27M | 0 |
| May 04, 2021 |
10-Q filing | 27.4M shares outstanding |
27M | 0 |
| Mar 01, 2021 |
10-K filing | 27.6M shares outstanding |
28M | 0 |
| Oct 30, 2020 |
10-Q filing | 27.6M shares outstanding |
28M | 0 |
| Jul 31, 2020 |
10-Q filing | 27.7M shares outstanding |
28M | 0 |
| May 01, 2020 |
10-Q filing | 27.8M shares outstanding |
28M | 0 |
| Feb 24, 2020 |
10-K filing | 28.3M shares outstanding |
28M | 0 |