Company: FWDI
Filing Date: 2025-08-12
Form Type: 8-K
Source: 0001683168-25-005974
Chunk: 1

Company: Forward Industries, Inc.
Filing Date: 2025-08-12
Form: 8-K
Item: Item 3.02
Chunk 1
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 and Mr. Sklenar, and there are no related party
transactions involving Mr. Sklenar that would require disclosure under Item 404(a) of Regulation S-K.

On August 11, 2025,
the Compensation Committee of the Board of Directors approved an increase in potential severance payable under the Employment Agreement
dated July 1, 2023 with Ms. Kathleen Weisberg, the Company's Chief Financial Officer, from six months to eight months of her then-current
base salary. The Company and Ms. Weisberg executed Amendment No. 1 to her Employment Agreement, dated August 11, 2025, which is attached
as Exhibit 10.1 to this Current Report on Form 8-K.

   2  

Item 5.07 Submission of Matters to a Vote of Security Holders.