Covenant Logistics Group, Inc. filings document the public-company record for a Nevada-based transportation and logistics operator with Class A common stock listed on the New York Stock Exchange. Its 8-K reports include operating and financial results, dividend declarations, capital-structure disclosures for Class A and Class B common stock, and other material-event notices.
Proxy and governance filings cover shareholder voting matters, board and executive compensation disclosures, equity-award practices, and incentive-plan arrangements for named executive officers. The filing record also reflects ownership-related disclosures, risk and forward-looking-statement language tied to company results, and formal exhibits such as earnings releases and dividend announcements.
Covenant Logistics Group’s major shareholders, David and Jacqueline Parker, filed an updated Schedule 13D/A reflecting their current ownership and recent share sales. As of February 24, 2026, they beneficially own 7,852,085 shares of Covenant’s common stock, representing about 30.4% of the company’s outstanding common shares.
Their holdings include Class A shares, options to purchase Class A shares, 401(k) plan shares, and 4,700,000 Class B shares that are convertible into Class A on a one-for-one basis. Because Class B carries two votes per share while controlled by the Parkers, they may control stock with roughly 41.1% of the company’s total voting power.
The amendment also details a series of open‑market sales of Class A shares in February 2026, including a sale of 96,333 shares on February 17, 2026 at a weighted average price of $29.6985 per share, along with several smaller trades executed at prices in the high‑$20 range.
Covenant Logistics Group Chairman and CEO David Ray Parker, together with Jacqueline F. Parker as joint owners of the stock, reported open-market sales of Class A common stock totaling 150,400 shares of CVLG on February 18–20, 2026. The reported weighted average sale prices for these trades were around $29 per share, with individual transactions priced at $29.3389, $29.3821, $29.4714, and $28.9789. Following these sales, one direct Class A holding account showed 2,047,544 shares, while the filing also listed 227,872 additional Class A shares in another direct account, 76,669 Class A shares held through a 401(k) plan, and 4,700,000 shares of Class B common stock.
Covenant Logistics Group (CVLG) chairman and CEO David Ray Parker and 10% owner Jacqueline F. Parker, who hold shares jointly, reported multiple open-market sales of Class A common stock between February 12 and 17, 2026 totaling 135,000 shares at prices around the high-$20 range.
After these transactions, they reported direct beneficial ownership of 2,197,944 Class A shares, plus 76,795 Class A shares held indirectly through a 401(k) account, and 4,700,000 Class B shares held directly.
Covenant Logistics Group major shareholders David and Jacqueline Parker filed an amended Schedule 13D after beginning to reduce their stake. They announced that they intend to dispose of Class A common stock with a value of approximately $15 million at recent trading prices through open-market and charitable gift transactions, without using a Rule 10b5-1 plan.
As of February 11, 2026, they beneficially owned 8,137,489 shares of Covenant Logistics common stock, representing about 31.5% of the economic interest, including Class B shares and options. Due to the dual-class structure, they control stock possessing approximately 42.0% of the company’s voting power.
Covenant Logistics Group, Inc. insiders David R. Parker and Jacqueline F. Parker reported open-market sales of Class A Common Stock. Between February 9 and 11, 2026, they sold shares at weighted-average prices ranging from $28.5651 to $29.4186 per share. Following these transactions, they directly owned 2,332,944 Class A shares jointly, held 76,673 Class A shares indirectly through a 401(k) plan, and directly held 4,700,000 Class B shares. The filing also notes a two-for-one stock split of both Class A and Class B shares executed on December 31, 2024.
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.
A person associated with CVLG’s issuer has filed a Form 144 indicating an intent to sell 500,000 shares of Class A Common stock through broker Stifel Nicolaus on or about February 9, 2026 on the NYSE. The filing lists an aggregate market value for these shares of $12,300,000.00 and notes that 20,347,178 shares of this class are outstanding. The securities to be sold were acquired through restricted stock vesting in 2023 and an original issuance of founder shares dating back to 1985.
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 director Joey B. Hogan updated how his Class A common stock is held. On February 4, 2026, a transaction coded "G" at $0 per share involved 5,505 shares, described as a change in the form of beneficial ownership between shares held solely by him and shares held jointly with his wife as joint tenants. Following this update, he beneficially owned 121,394 Class A shares in one account and 4,338 Class A shares in another.
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.