Cetus Capital VI, L.P.

CIK: 0001837548

Transaction Breakdown

Open Market Buys (P)2 (22.2%)

High conviction signal

Open Market Sales (S)7 (77.8%)

Position reduction

Option Exercises (M)0 (0.0%)

Derivative conversions

Awards (A)0 (0.0%)

Compensation grants

Other (G, F, J, C, D, …)0 (0.0%)

Gifts, tax withholding, conversions, dispositions to the issuer and other codes

Companies & Roles (1)

FWRD

FORWARD AIR CORP

10% Owner

Discretionary Trading P&L

Holdings

Transaction History (9 total)

FWRD
FORWARD AIR CORP
Nov 12, 2025
Sale(S)
Direct
10K shares at avg. $22.38$224K
FWRD
FORWARD AIR CORP
Nov 11, 2025
Sale(S)
Direct
67.2K shares at avg. $21.71$1.5M
FWRD
FORWARD AIR CORP
Nov 10, 2025
Sale(S)
Direct
30K shares at avg. $22.66$680K
FWRD
FORWARD AIR CORP
Nov 10, 2025
Sale(S)
Direct
90K shares at avg. $21.55$1.9M
FWRD
FORWARD AIR CORP
Nov 6, 2025
Sale(S)
Direct
284 shares at avg. $22.39$6K
FWRD
FORWARD AIR CORP
Nov 6, 2025
Sale(S)
Direct
74.7K shares at avg. $21.85$1.6M
FWRD
FORWARD AIR CORP
Oct 20, 2025
Purchase(P)
Direct
10K shares at avg. $18.86$189K
FWRD
FORWARD AIR CORP
Oct 20, 2025
Purchase(P)
Direct
215K shares at avg. $17.89$3.8M
FWRD
FORWARD AIR CORP
Oct 14, 2025
Sale(S)
Direct
30K shares at avg. $21.42$643K

		Type	Shares	Price		Ownership
Nov 12, 2025	FWRD FORWARD AIR CORP	Sale(S)	10,000	$22.38	$223,800	Direct
Nov 11, 2025	FWRD FORWARD AIR CORP	Sale(S)	67,163	$21.71	$1,458,109	Direct
Nov 10, 2025	FWRD FORWARD AIR CORP	Sale(S)	30,000	$22.66	$679,800	Direct
Nov 10, 2025	FWRD FORWARD AIR CORP	Sale(S)	90,000	$21.55	$1,939,500	Direct
Nov 6, 2025	FWRD FORWARD AIR CORP	Sale(S)	284	$22.39	$6,359	Direct
Nov 6, 2025	FWRD FORWARD AIR CORP	Sale(S)	74,716	$21.85	$1,632,545	Direct
Oct 20, 2025	FWRD FORWARD AIR CORP	Purchase(P)	10,000	$18.86	$188,600	Direct
Oct 20, 2025	FWRD FORWARD AIR CORP	Purchase(P)	215,000	$17.89	$3,846,350	Direct
Oct 14, 2025	FWRD FORWARD AIR CORP	Sale(S)	30,000	$21.42	$642,600	Direct

1-9 of 9 transactions

About Cetus Capital VI, L.P.

Cetus Capital VI, L.P. (SEC CIK 0001837548) files insider reports with the SEC as 10% Owner of FORWARD AIR CORP (FWRD).

Signal8 holds 4 ownership filings by Cetus Capital VI, L.P. (2 Form 3, 2 Form 4), filed on Feb 17, 2026. Those filings report 9 transactions, from Oct 14, 2025 to Nov 12, 2025. Signal8's Form 4 history starts in Sep 2024.

The business address on Cetus Capital VI, L.P.'s filings is in GREENWICH, CT.

Recent filings by Cetus Capital VI, L.P.

Nov 12, 2025: Open-market sale of FWRD shares (Form 4, code S).
Nov 11, 2025: Open-market sale of FWRD shares (Form 4, code S).
Nov 10, 2025: Open-market sales of FWRD shares (2 lines, Form 4, code S).
Nov 6, 2025: Open-market sales of FWRD shares (2 lines, Form 4, code S).
Oct 20, 2025: Open-market purchases of FWRD shares (2 lines, Form 4, code P).

Other insiders filing for FORWARD AIR CORP (FWRD)

Zhu Yanqing, President, Asia Pacific
Mendunekas Fabio de Moraes, President, LATAM
Van Altena Jonathan, President, Europe
Lindsay Justin, President, U.S. & Canada
Khambatta Karl, Chief Transformation Officer
Sons Lance, Chief Information Officer

How to read Form 4 transaction codes