Former Chief Executive Officer · Forward Industries, Inc. (FWDI)

Terence Wise

A named executive officer of Forward Industries in every fiscal year CompBrief holds from FY2017 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

$168,500

FY2024: $252,750

4th of 4 named executive officers at Forward Industries by FY2025 total.

4 named officers on file for Forward Industries, FY2025

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What this number hides

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

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Compensation figures as of the proxy filed January 1, 1900 (DEF 14A).

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Terence Wise compensation by year

Forward Industries Summary Compensation Table · all 9 fiscal years held
In US dollars, as Forward Industries reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$300,000$300,000$300,000$300,000$225,000$318,750$325,000$240,750$160,500
Bonus$0$0$0$0$0$0$0$0$0
Stock awards$0$0$0$0$0$0$0$0$0
Option awards$0$0$0$100,000$0$0$0$0$0
Non-equity incentive$0$0$0$0$0$0$0$0$0
Pension and deferred compensation$0$0$0$0$0$0$0$0$0
All other$0$0$0$0$9,000$12,000$12,000$12,000$8,000
Total$300,000$300,000$300,000$400,000$234,000$330,750$337,000$252,750$168,500

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Forward Industries, Inc. DEF 14A filed January 1, 1900, accession 0001683168-26-000507, and prior-year filings.

How this page was built: the Forward Industries, Inc. filed document, accession 0001683168-26-000507. Every figure is read from that document and cited to the page and table it appears in. Filed January 1, 1900.

$300K
$300K
$300K
$400K
$234K
$331K
$337K
$253K
$169K
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryOption awardsAll other

Equity holdings

unvested awards at FY2021 year-end
TypeUnvested unitsValue at year-endExercise price
Option180,395—$1.40

Per the Outstanding Equity Awards at Fiscal Year-End table in Forward Industries, Inc.'s FY2021 proxy; value at the fiscal year-end close, as the company printed it.

Forward Industries’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Michael PruittInterim Chief Executive Officer$873,817
Kathleen WeisbergChief Financial Officer$725,992
Robert WildExecutive Officer of IPS$309,247
Terence Wise · this pageFormer Chief Executive Officer$168,500

Board service

Forward Industries board · FY2021–FY2024

How this board is paid

Company policy: Forward Industries pays directors a $30,000 cash retainer and $40,000 in Options. As stated in Forward Industries's FY2024 proxy.

Terence Wise's compensation dossier, Forward Industries

You have read Terence Wise's totals and holdings. The dossier adds each equity grant Forward Industries disclosed for Terence Wise and Forward Industries's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Forward Industries compensation record

free company brief

This page is one person within Forward Industries'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 Industries'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 Industries'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.

Terence Wise's compensation dossier