FORWARD AIR CORP

Ticker: FWRD CUSIP: 34986A104 Class: Common Stock

PRIVATE MANAGEMENT GROUP INC's Holding History (CIK: 0001142031)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 928,807 Value ($000) $23,220 Avg Close $22.51 Range $15.75 - $26.70

Q3 2025

Shares 936,487 Value ($000) $24,012 Avg Close $28.77 Range $24.20 - $32.47

Q2 2025

Shares 1,046,226 Value ($000) $25,674 Avg Close $17.76 Range $9.79 - $25.76

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	928,807	$23,220	$22.51	$15.75 - $26.70
Q3 2025	936,487	$24,012	$28.77	$24.20 - $32.47
Q2 2025	1,046,226	$25,674	$17.76	$9.79 - $25.76