Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

Forward Industries, Inc.

FWDI · Nasdaq · CIK 0000038264 · Financial Services · Asset Management

INSIDER SIGNAL

31.2 / 100

1 buyers · 1 purchase transaction lines · $2.1K gross purchase

WHY THIS SIGNAL?

Buyer breadthLow
Purchase sizeLow
RoleModerate
RecencyLow
ConvictionStrong
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+7.0 / 35
Purchase size+0.5 / 25
Role+13.0 / 20
Recency+0.8 / 10
Conviction+10.0 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 1 insider(s), not 4+
  • ⚠ Purchase size is modest relative to the model scale
  • ⚠ Role scores low · most senior buyer: Chief Executive Officer (CEO, chair and 10% owners score lowest)
  • ⚠ Purchase activity is becoming less recent

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Navi Ryan DavidChief Investment Officer
○
Pruitt Michael DChief Executive Officer
●
Samani PyahmDirector
○
Brazier Mark ChristopherChief Financial Officer
○
Quinn Georgia PGeneral Counsel
○
● Purchase▼ Sale○ Other

—

Purchase breadth & concentration

QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: Pruitt Michael D · $2.1K
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-05-19–2026-05-19

Roles in the peak window: Chief Executive Officer. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

31.2 / 100

Latest recorded score

→ +0.0 ptsversus the previous recorded snapshot
  1. 31.3
  2. 31.3
  3. 31.3
  4. 31.2
  5. 31.2

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

3Purchases
0Sales
7Other Form 4 lines
10SEC filings · 365 days
BUYING1 qualifying P line(s) · 180 days
SELLING0 sale line(s) · context only
OTHER4 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot detected in parsed evidence

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
+13.6%
3M
+78.6%
6M
+62.7%
12M
-70.2%

Volatility & liquidity

Volatility
109.4%
Beta
—
Avg daily value
USD 13.0M

Valuation

Market cap
USD 542.0M
P/E
—

Fundamentals

Profit margin
-918.1%
ROE
-11.4%
Industry
Asset Management

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Market cap, Profit margin, ROE · Fiscal year ended: 2025-09-30 · Market cap is the shares outstanding stated on the filing cover multiplied by the latest close. Share count date: 2026-08-03 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
4,597,495
Previous report
6,448,043
Avg daily volume
2,509,322
Days to cover
1.8

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-05-19Pruitt Michael DPurchase (P)Common Stock500USD 4.16USD 2,080SEC filing ↗
2025-12-19Navi Ryan DavidPurchase (P)Common Stock10,000USD 7.08USD 70,800SEC filing ↗
2025-12-15Pruitt Michael DPurchase (P)Common Stock1,000USD 7.44USD 7,440SEC filing ↗
2023-05-25Shah SangitaPurchase (P)Common Stock3,000USD 1.03USD 3,090SEC filing ↗
2023-05-24Shah SangitaPurchase (P)Common Stock400USD 1.02USD 408SEC filing ↗
2023-05-23Shah SangitaPurchase (P)Common Stock2,723USD 1.01USD 2,750SEC filing ↗
2022-12-20Hrynkow Sharon HemondPurchase (P)Common Stock9,855USD 1.14USD 11,282SEC filing ↗
2022-12-19ZIGLAR JAMES WPurchase (P)Common Stock10,000USD 1.13USD 11,300SEC filing ↗

Form 4 evidence

10 transaction lines in the latest 365-day window; 67 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-08-08Quinn Georgia PAward / grant (A)Common Stock146,956USD —USD —SEC filing ↗
2026-08-08Navi Ryan DavidAward / grant (A)Common Stock146,956USD —USD —SEC filing ↗
2026-08-08Brazier Mark ChristopherAward / grant (A)Common Stock137,500USD —USD —SEC filing ↗
Show recent Form 4 evidence (10 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-08-08Quinn Georgia PAward / grant (A)Common Stock146,956USD —USD —SEC filing ↗
2026-08-08Navi Ryan DavidAward / grant (A)Common Stock146,956USD —USD —SEC filing ↗
2026-08-08Brazier Mark ChristopherAward / grant (A)Common Stock137,500USD —USD —SEC filing ↗
2026-05-19Pruitt Michael DPurchase (P)Common Stock500USD 4.16USD 2,080SEC filing ↗
2026-05-05Samani PyahmJ (J)Common Stock1,783,519USD 4.43USD 7,900,989SEC filing ↗
2026-04-16Brazier Mark ChristopherAward / grant (A)Common Stock275,000USD 0.00USD 0SEC filing ↗
2026-03-08Quinn Georgia PAward / grant (A)Common Stock293,911USD 0.00USD 0SEC filing ↗
2026-03-08Navi Ryan DavidAward / grant (A)Common Stock382,085USD 0.00USD 0SEC filing ↗
2025-12-19Navi Ryan DavidPurchase (P)Common Stock10,000USD 7.08USD 70,800SEC filing ↗
2025-12-15Pruitt Michael DPurchase (P)Common Stock1,000USD 7.44USD 7,440SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerFWDI
CIK0000038264
SectorFinancial Services
IndustryAsset Management Yahoo Finance
SEC SIC6199 Finance Services
ExchangeNasdaq

Data coverage

Local Form 4 history67 transaction lines from 2020-01-13 to 2026-08-08
9 P purchase lines · 42 S sale lines · 16 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.