FORWARD AIR CORP

Ticker: FWRD CUSIP: 34986A104 Class: Common Stock

Brevan Howard Capital Management LP's Holding History (CIK: 0001512857)

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

Q4 2025

Shares 20,579 Value ($000) $514 Avg Close $22.51 Range $15.75 - $26.70

Q3 2025

Shares 34,899 Value ($000) $895 Avg Close $28.77 Range $24.20 - $32.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	20,579	$514	$22.51	$15.75 - $26.70
Q3 2025	34,899	$895	$28.77	$24.20 - $32.47