Mill Road Capital Management’s Forward Air FWRD Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-127,650	Closed	-$2.56M	–	27
2025 Q1	$2.56M	Hold	127,650	–	–	1.45%	17
2024 Q4	$4.12M	Buy	+127,650	New	+$4.12M	1.98%	15