FORWARD AIR CORP

Ticker: FWRD CUSIP: 34986A104 Class: Common Stock

Entropy Technologies, LP's Holding History (CIK: 0001976151)

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

Q4 2025

Shares 9,393 Value ($000) $235 Avg Close $22.51 Range $15.75 - $26.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,393	$235	$22.51	$15.75 - $26.70