Chief Executive Officer · FORWARD AIR CORP (FWRD)

Shawn Stewart

A named executive officer of FORWARD AIR in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$5,561,309

FY2024: $4,564,259

1st of 5 named executive officers at Forward AIR by FY2025 total.

5 named officers on file for FORWARD AIR, FY2025

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What this number hides

The filing gives the total. FORWARD AIR’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 29, 2026 (DEF 14A).

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Shawn Stewart compensation by year

FORWARD AIR Summary Compensation Table · all 2 fiscal years held
In US dollars, as FORWARD AIR reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$588,462$900,000
Bonus$400,000$0
Stock awards$3,234,892$4,037,990
Option awards$0$0
Non-equity incentive$336,000$617,400
Pension and deferred compensation$0$0
All other$4,905$5,919
Total$4,564,259$5,561,309

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.

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.

$4.6M
$5.6M
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU155,129$3,878,225—
RSU72,506$1,812,650—

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.

Change-in-control & termination

estimated payments FORWARD AIR discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Disability$0$3,243,527$0$3,860,927
Involuntary termination without cause$1,800,000$0$50,145$2,770,145
Death$0$3,243,527$0$3,860,927
Change in control and involuntary termination$3,600,000$5,690,875$50,145$10,261,020

Per the Potential Payments Upon Termination or Change in Control table in FORWARD AIR CORP's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

FORWARD AIR’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Shawn Stewart · this pageChief Executive Officer$5,561,309
Jamie PiersonChief Financial Officer$3,139,966
Jerome LorrainExecutive Chairman$1,466,762
Michael HanceChief Legal Officer and Secretary$1,363,519
Eric BrandtChief Commercial Officer$1,286,226

Board service

FORWARD AIR board · FY2023–FY2025

How this board is paid

Company policy: FORWARD AIR pays directors a $85,000 cash retainer and $130,000 in Restricted Stock. As stated in FORWARD AIR's FY2025 proxy.

Committees

Executive

The full FORWARD AIR compensation record

free company brief

This page is one person within FORWARD AIR's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order FORWARD AIR's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are FORWARD AIR's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Shawn Stewart's compensation dossier