Cetus Capital VI, L.P. bought $4.0M of FWRD
owner at FORWARD AIR CORP. 225,000 shares at an average of $17.93, traded Oct 20, 2025, filed Feb 17, 2026.
Score components
- +12Role10% owner
- +25Trade size$4.0M at market
- +3Relative to holdingsHoldings up 7%
- 0Price contextNo price history yet
- 0ClusterNo other insider buying within 14 days
- 0Repeat buyingFirst buy in 90 days
- 0Track recordToo few past buys to judge (0 with prices)
- -5Outside holderA 10% owner who is not an officer or director
What happened after comparable buys
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -43.1%, 3m -69.5%, 6m -29.6%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001104659-26-016698, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Oct 20, 2025 | POpen-market purchase Common Stock | +215,000 | $17.89 | $3.8M | 3,378,709 | Feb 17, 2026 |
| Oct 20, 2025 | POpen-market purchase Common Stock | +10,000 | $18.86 | $189k | 3,388,709 | Feb 17, 2026 |
| Nov 6, 2025 | SOpen-market sale Common Stock | -74,716 | $21.85 | $1.6M | 3,313,993 | Feb 17, 2026 |
| Nov 6, 2025 | SOpen-market sale Common Stock | -284 | $22.39 | $6,359 | 3,313,709 | Feb 17, 2026 |
| Nov 10, 2025 | SOpen-market sale Common Stock | -90,000 | $21.55 | $1.9M | 3,223,709 | Feb 17, 2026 |
| Nov 10, 2025 | SOpen-market sale Common Stock | -30,000 | $22.66 | $680k | 3,193,709 | Feb 17, 2026 |
| Nov 11, 2025 | SOpen-market sale Common Stock | -67,163 | $21.71 | $1.5M | 3,126,546 | Feb 17, 2026 |
| Nov 12, 2025 | SOpen-market sale Common Stock | -10,000 | $22.38 | $224k | 3,116,546 | Feb 17, 2026 |
Related signals
Other insiders at FORWARD AIR CORP and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 32Weak | FWRDsell FORWARD AIR CORP | Cetus Capital VI, L.P. owner | $643k 30,000 shares | -1% | |
| 37Weak | FWRDsell FORWARD AIR CORP | Cetus Capital VI, L.P. owner | $5.9M 272,163 shares | -8% | |
| 15Weak | FWRDsell FORWARD AIR CORP | Valerie A Bonebrake director | $24k 250 shares | -2% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.