Covenant Logistics (CVLG) director gets $140,000 restricted stock grant

Rhea-AI Filing Summary

Parker-Hatchett Rachel reported acquisition or exercise transactions in this Form 4 filing.

Covenant Logistics Group director Rachel Parker-Hatchett received an equity grant of 4,382 shares of Class A Common Stock as annual compensation. The award equals $140,000 divided by the closing price on the date of the company’s 2026 annual meeting and was granted as restricted stock units under the Third Amended and Restated 2006 Omnibus Incentive Plan, subject to vesting, forfeiture, and termination provisions. She and her husband, Rob Hatchett, also own additional Class A shares jointly as joint tenants, bringing total reported direct holdings to 309,406 shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Parker-Hatchett Rachel

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	4,382	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 12,998 shares (Direct, null)

Footnotes (1)

1. Share award represents annual equity compensation in the form of a grant of restricted stock units equal to $140,000, divided by the closing price on the date of the Company's 2026 annual meeting of stockholders. The award was made under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, and subject to certain vesting, forfeiture, and termination provisions. Shares owned jointly by Ms. Parker-Hatchett and her husband, Rob Hatchett, as joint tenants.

Key Figures

RSU grant size: 4,382 shares Award value: $140,000 Grant price per share: $0.0000 per share +2 more

5 metrics

RSU grant size 4,382 shares Restricted stock unit award of Class A Common Stock

Award value $140,000 Annual equity compensation divided by closing price on 2026 annual meeting date

Grant price per share $0.0000 per share Reported transaction price for RSU grant

Direct holdings after grant 12,998 shares Class A Common Stock held directly after 4,382-share award

Total direct Class A holdings 309,406 shares Overall direct Class A Common Stock position after reported transactions

Key Terms

restricted stock units, annual equity compensation, Third Amended and Restated 2006 Omnibus Incentive Plan, vesting, forfeiture, and termination provisions, +1 more

5 terms

restricted stock units financial

"Share award represents annual equity compensation in the form of a grant of restricted stock units equal to $140,000"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

annual equity compensation financial

"Share award represents annual equity compensation in the form of a grant of restricted stock units"

Third Amended and Restated 2006 Omnibus Incentive Plan financial

"The award was made under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended"

vesting, forfeiture, and termination provisions financial

"and subject to certain vesting, forfeiture, and termination provisions"

joint tenants financial

"Shares owned jointly by Ms. Parker-Hatchett and her husband, Rob Hatchett, as joint tenants"

Form 4 Insider Transactions: What Each Field Means →

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^*

Parker-Hatchett Rachel

(Last) (First) (Middle)

400 BIRMINGHAM HIGHWAY

(Street)

CHATTANOOGA TENNESSEE 37419

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/13/2026		A(1)		4,382(1)	A	$0	12,998	D
Class A Common Stock								309,406	D(2)

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:

1. Share award represents annual equity compensation in the form of a grant of restricted stock units equal to $140,000, divided by the closing price on the date of the Company's 2026 annual meeting of stockholders. The award was made under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, and subject to certain vesting, forfeiture, and termination provisions.

2. Shares owned jointly by Ms. Parker-Hatchett and her husband, Rob Hatchett, as joint tenants.

	/s/ Rachel Parker-Hatchett, by Cody Kofoid, attorney-in-fact, pursuant to a POA previously filed with the SEC	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Covenant Logistics (CVLG) director Rachel Parker-Hatchett report in this Form 4?

Rachel Parker-Hatchett reported receiving a grant of 4,382 shares of Class A Common Stock as annual equity compensation. The grant was issued as restricted stock units under the company’s omnibus incentive plan and is subject to vesting, forfeiture, and termination conditions.

How was the value of Rachel Parker-Hatchett’s CVLG equity grant determined?

The equity grant value was set at approximately $140,000, divided by the closing price on the date of Covenant Logistics’ 2026 annual meeting. That calculation produced 4,382 restricted stock units of Class A Common Stock as her annual director equity compensation.

Does Rachel Parker-Hatchett own Covenant Logistics (CVLG) shares jointly with another person?

Yes. A footnote states that some shares are owned jointly by Rachel Parker-Hatchett and her husband, Rob Hatchett, as joint tenants. This joint ownership structure means both spouses share rights to the reported Class A Common Stock holdings.

How many Covenant Logistics (CVLG) shares does Rachel Parker-Hatchett hold after this award?

After the reported transactions, total direct Class A Common Stock holdings are shown as 309,406 shares. Within this overall position, 12,998 shares are listed as held directly following the 4,382-share restricted stock unit grant on the transaction date.

Is Rachel Parker-Hatchett’s CVLG Form 4 transaction a market purchase or sale?

No. The Form 4 shows a grant coded as an award acquisition at a price of $0.0000 per share. This reflects compensation in stock units granted by Covenant Logistics, not an open-market purchase or sale of Class A Common Stock.