[Form 4] Covenant Logistics Group, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
7,050 shares exercised/converted
Mixed
5 txns
Insider
BUNN PAUL
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,050 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,050 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,141 | $25.23 | $79K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 14,100 shares (Direct);
Class A Common Stock — 163,591 shares (Direct);
Class A Common Stock — 5,030 shares (Indirect, By Spouse)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the previously granted contingent right to receive one share of Class A common stock. Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of RSUs previously granted to the Reporting Person. The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's July 1, 2025 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on July 1, 2025. The plan is unitized and as such does not itself allocate a specific number of shares to each participant. On December 31, 2024, the Issuer executed a two-for-one stock split, effected in the form of a stock dividend on each share of the Issuer's Class A common stock and Class B common stock. Represents RSUs previously granted under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended. The RSUs vest in three equal annual installments beginning July 1, 2025, subject to certain vesting, forfeiture, and termination provisions.
