Michael Hance compensation by year
FORWARD AIR Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $360,000 | $374,000 | $389,000 | $405,000 | $413,000 | $440,000 | $440,000 | $456,000 | $593,462 | $500,000 |
| Bonus | $0 | $0 | $20,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $220,000 | $220,000 | $577,500 | $330,000 | $330,000 | $525,000 | $393,750 | $393,750 | $1,160,000 | $600,000 |
| Option awards | $110,000 | $110,000 | $82,500 | $0 | $0 | $0 | $131,250 | $131,250 | $0 | $0 |
| Non-equity incentive | $162,000 | $309,252 | $336,329 | $177,633 | $74,340 | $854,700 | $853,380 | $51,300 | $210,000 | $257,250 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $8,910 | $9,469 | $11,250 | $12,697 | $10,320 | $9,593 | $10,832 | $11,712 | $32,424 | $6,269 |
| Total | $860,910 | $1,022,721 | $1,416,579 | $925,330 | $827,660 | $1,829,293 | $1,829,212 | $1,044,012 | $1,995,886 | $1,363,519 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FORWARD AIR CORP DEF 14A filed April 29, 2026, accession 0001104659-26-051569, and prior-year filings. Open the filing on EDGAR.
How this page was built: the FORWARD AIR CORP filed document, accession 0001104659-26-051569. Every figure is read from that document and cited to the page and table it appears in. Filed April 29, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 46,930 | $1,173,250 | — |
| RSU | 37,525 | $938,125 | — |
| Option | 1,101 | — | $115.42 |
Per the Outstanding Equity Awards at Fiscal Year-End table in FORWARD AIR CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
FORWARD AIR’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Shawn Stewart | Chief Executive Officer | $5,561,309 |
| Jamie Pierson | Chief Financial Officer | $3,139,966 |
| Jerome Lorrain | Executive Chairman | $1,466,762 |
| Michael Hance · this page | Chief Legal Officer and Secretary | $1,363,519 |
| Eric Brandt | Chief Commercial Officer | $1,286,226 |
Michael Hance's compensation dossier, FORWARD AIR
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How this record is built
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