Every 8-K that Covenant Logistics Group, Inc. (CVLG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CVLG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CVLG filings page.
Covenant Logistics Group, Inc. declared a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock. The dividend will be payable to stockholders of record on September 4, 2026 and is expected to be paid on September 25, 2026, under a previously approved dividend program.
The company states that any future dividends will depend on board approval and factors such as cash flow, financing agreement restrictions, tax law changes, and overall financial condition, and includes standard forward-looking statement cautions.
Covenant Logistics Group, Inc. updated severance arrangements for senior executives M. Paul Bunn, James “Tripp” Grant, Dustin Koehl, and Joey Ballard. The amended agreements allow retirement or voluntary separation benefits when an executive provides at least 18 months’ prior written notice and satisfies ongoing employment, release, and other customary conditions.
Under the new terms, a qualifying executive would receive 6 months of salary continuation and 6 months of COBRA reimbursement, and would be subject to a non-compete covenant lasting 12 months after separation. Provisions covering benefits tied to a qualifying change-in-control event or other qualifying severance event remain unchanged.
Covenant Logistics Group reported Q2 2026 total revenue of $332,873 (in thousands), up 9.9% year over year, and freight revenue excluding fuel surcharges of $294,693 (in thousands), up 6.6%. GAAP net income was $8,535 (in thousands) and diluted EPS $0.32, versus $9,840 (in thousands) and $0.36 a year earlier. Adjusted EPS was $0.42, compared with $0.45.
Combined Truckload revenue grew to $205,786 (in thousands) as the company shifted freight to higher-rate, committed contracts, though freight revenue in that segment declined 3.2% on an 8.6% smaller fleet. Expedited freight revenue fell 11.4% as tractors were reduced 17.0%, but revenue per tractor per week rose 6.8%. Dedicated freight revenue increased 4.3%. Managed Freight revenue climbed 28.4%, largely from acquired assets, but margins compressed as capacity costs rose faster than contractual pricing. Equity income from the 49% stake in Transport Enterprise Leasing was $5.3 million, up from $4.3 million.
Net indebtedness decreased by $6.9 million to approximately $289.7 million, reducing the net indebtedness to total capitalization ratio to 41.2%. Management plans $50–$60 million of net capital equipment spending over the rest of 2026 and is moving more asset-based operations into long-term dedicated or other committed contracts. For Q3 2026, it expects a modest sequential EPS increase, but notes that insurance and claims expense may remain volatile, including after the Supreme Court’s Montgomery decision and potential nuclear verdicts.
Covenant Logistics Group, Inc. amended its main credit facility through a Twenty-First Amendment to its Third Amended and Restated Credit Agreement with Bank of America, N.A., as agent and lender, and JPMorgan Chase Bank, N.A., as lender. The amendment increases the maximum revolving credit amount to $130,000,000, extends the facility’s maturity date to June 17, 2031, adds certain acquired subsidiaries as borrowers, and provides the company with additional flexibility to incur unsecured debt. The full amendment document will be included with the company’s Form 10-Q for the quarter ending June 30, 2026.
Covenant Logistics Group, Inc. reported several board actions and annual meeting results. The compensation committee approved a 2026 Long-Term Incentive Plan with aggregate target awards of $2,984,000 for David R. Parker, $1,873,000 for M. Paul Bunn, $792,000 for James “Tripp” Grant, $695,000 for Dustin Koehl, and $481,000 for Joey Ballard. New annualized base salaries were set at $455,000 for James “Tripp” Grant and Dustin Koehl and $400,000 for Joey Ballard. Stockholders elected all director nominees, approved executive compensation on a non-binding basis, and ratified Grant Thornton LLP as independent auditor. The board also declared a quarterly cash dividend of $0.07 per share on Class A and Class B common stock, payable to stockholders of record on June 5, 2026 and expected to be paid on June 26, 2026.
Covenant Logistics Group reported first quarter 2026 results, with total revenue rising 14.0% to $307,161 (000s) and freight revenue up 15.9% to $281,925 (000s).
GAAP operating income declined to $6,282 (000s) and net income to $4,420 (000s), or $0.17 per diluted share, from $0.24 a year earlier. On a non-GAAP basis, adjusted net income was $6,915 (000s) and adjusted EPS $0.26, both below the prior year as weather disruptions and fuel headwinds pressured margins.
Expedited freight revenue fell 10.3% on a smaller tractor fleet, while Dedicated freight revenue grew 10.9% with better tractor productivity. Managed Freight freight revenue jumped 59.6% but with a weaker operating ratio, and Warehousing revenue rose 14.6%. Net indebtedness fell to $245,256 (000s), cutting the net indebtedness to total capitalization ratio to 37.6%.
Covenant Logistics Group, Inc. announced that its board of directors declared a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock. This dividend follows a previously approved quarterly cash dividend program.
The dividend will be paid to stockholders of record on March 6, 2026, with payment expected on March 27, 2026. The company emphasizes that any future dividends will depend on board approval, cash flow, legal and financing constraints, tax laws, financial performance, and other risks described in its SEC filings.
Covenant Logistics Group, Inc. disclosed that Chairman and CEO David Parker and his wife Jacqueline plan to dispose of Class A common stock with a value of approximately $15 million at recent trading prices. This amount represents about 5% of the value of Company common stock held by them and related entities.
The planned dispositions are expected to occur through open market sales and charitable gift transactions. The Parkers have informed the Company that they have not adopted a Rule 10b5-1 trading plan in connection with these intended transactions.
Covenant Logistics Group, Inc. filed a current report to furnish a press release announcing its financial and operating results for the quarter and year ended December 31, 2025. The press release is included as Exhibit 99.1.
The company notes that this information is being furnished, not filed, under securities laws, which affects how it may be used in certain legal contexts. The report also highlights that the press release may contain forward-looking statements based on management’s current expectations that are subject to significant risks and uncertainties.
Covenant Logistics Group, Inc. disclosed a new short-term cash incentive plan for its named executive officers, called the 2026 Senior Executive Bonus Program, effective January 1, 2026. Bonus targets are set as a percentage of year-end annualized base salary: David R. Parker and M. Paul Bunn each at 100.0%, James S. Grant at 70.0%, and Dustin Koehl and Joey Ballard each at 60.0%.
Under this program, executives may earn up to 150% of their bonus target based on adjusted earnings per share goals and up to an additional 25% of their bonus target tied to certain strategic projects. This structure links a significant portion of senior leadership’s 2026 cash compensation to both financial performance and the completion of key strategic initiatives.
Covenant Logistics Group, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share on its Class A and Class B common stock. The dividend will be paid to stockholders of record on December 5, 2025 and is expected to be distributed on December 26, 2025 as part of an ongoing quarterly dividend program previously approved by the Board.
The company notes that any future dividends will depend on factors such as cash flow, legal and financing restrictions, tax law changes, and overall financial performance, and that there is no assurance future dividends will be declared.
Covenant Logistics Group, Inc. (CVLG) furnished an 8-K announcing quarterly results. The company reported that it issued a press release with its financial and operating results for the quarter ended September 30, 2025, and attached it as Exhibit 99.1. The filing designates the disclosure under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits). The information in these sections is furnished, not filed, under the Exchange Act.
Covenant Logistics Group, Inc. reported leadership and dividend updates. On August 11, 2025, Matisse Long resigned as Chief Accounting Officer, effective immediately. On August 12, 2025, the Board designated Executive Vice President and Chief Financial Officer James “Tripp” S. Grant as the company’s principal accounting officer, while he continues as principal financial officer, with no changes to his compensation arrangements.
The Board also declared a quarterly cash dividend of $0.07 per share on Class A and Class B common stock, under its existing dividend program. The dividend is payable to stockholders of record on September 5, 2025 and is expected to be paid on September 26, 2025. The company cautions that future dividends are not assured and will depend on factors such as cash flow, legal and financing restrictions, tax laws, and overall financial condition.