STOCK TITAN

CVLG insider reports 4,500-share Class A stock gift on Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Covenant Logistics Group, Inc. (CVLG) director files Form 4 for stock gift. A company director reported a disposition of 4,500 shares of Class A common stock on 11/24/2025, coded as transaction type "G," which indicates a gift. The reported price for the gifted shares was $0 per share, reflecting that this was a non-cash transfer.

Following this transaction, the director reported beneficial ownership of 62,862 shares of Covenant Logistics Group Class A common stock, held directly. No derivative securities transactions were reported in this filing.

Positive

  • None.

Negative

  • None.
Insider Welborn Wesley Miller
Role Director
Type Security Shares Price Value
Gift Class A Common Stock 4,500 $0.00 --
Holdings After Transaction: Class A Common Stock — 62,862 shares (Direct)
Footnotes (1)
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Welborn Wesley Miller

(Last) (First) (Middle)
103 ROBIN HOOD TRAIL

(Street)
LOOKOUT MOUNTAIN TN 37350

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COVENANT LOGISTICS GROUP, INC. [ CVLG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/24/2025 G 4,500 D $0 62,862 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Wesley Miller Welborn, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 11/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Covenant Logistics Group (CVLG) director report on this Form 4?

The director reported a disposition of 4,500 shares of Covenant Logistics Group Class A common stock on 11/24/2025, coded as a gift (transaction code "G").

What is transaction code "G" in the CVLG Form 4 filing?

Transaction code "G" in the Form 4 indicates that the 4,500 shares of CVLG Class A common stock were transferred as a gift.

At what price were the 4,500 CVLG shares transferred?

The 4,500 shares of Covenant Logistics Group Class A common stock were reported at a price of $0 per share, consistent with a gift transaction.

How many CVLG shares does the director own after the reported transaction?

After the transaction, the director reported beneficial ownership of 62,862 shares of Covenant Logistics Group Class A common stock, held directly.

Does this CVLG Form 4 report any derivative securities activity?

No derivative securities (such as options or warrants) were reported as acquired, disposed of, or beneficially owned in this Form 4 for CVLG.

Is this CVLG Form 4 filed by one reporting person or multiple?

The Form 4 for Covenant Logistics Group is indicated as filed by one reporting person.