Company: FWDI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001683168-25-004653
Chunk: 33

Company: Forward Industries, Inc.
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 33
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4 |     | PEO        |     |      252,750 |     |             0 |     |           0 |     |            0 |     |            0 |     |             0 |     |         0 |     |       252,750 |
|      |     | Other NEOs |     |      290,663 |     |             0 |     |           0 |     |            0 |     |            0 |     |          -120 |     |         0 |     |       290,543 |
| 2023 |     | PEO        |     |      337,000 |     |             0 |     |           0 |     |            0 |     |            0 |     |             0 |     |         0 |     |       337,000 |
|      |     | Other NEOs |     |      304,945 |     |             0 |     |           0 |     |       -1,210 |     |            0 |     |          -739 |     |         0 |     |       302,996 |
| 2022 |     | PEO        |     |      330,750 |     |             0 |     |           0 |     |            0 |     |            0 |     |             0 |     |         0 |     |       330,750 |
|      |     | Other NEOs |     |      286,498 |     |        -5,000 |     |       2,717 |     |            0 |     |        1,667 |     |             0 |     |         0 |     |       285,882 |

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| (3) | Represents the average of the amounts reported for the named executive officers (“NEOs”) as a group (excluding the PEO) in the “Total” column of the “Summary Compensation Table” in each applicable year. The names of each of the NEOs included for these purposes for 2024 are Kathleen Weisberg, Robert Wild, Paul Severino, and Tom KraMer. The names of each of the NEOs included for these purposes for 2023 and 2022 are Anthony Camarda, Robert Wild, Paul Severino and Tom KraMer. |
| (4) | Represents the cumulative total shareholder return of a fixed