Proficient Auto SVP holds 3,632 shares, RSUs

Q: What equity holdings in PAL does Adam Jeffrey Smith report on this Form 3?

Adam Jeffrey Smith reports 3,632 shares of Common Stock held directly, plus RSUs convertible into 10,112 and 8,299 shares of Common Stock, all on a one-for-one basis and subject to vesting schedules.

Q: What are the vesting terms of the 15,167 PAL restricted stock units awarded on March 24, 2025?

The 15,167 restricted stock units awarded March 24, 2025 vest in three equal installments on March 24, 2026, 2027 and 2028. Units that vested on March 24, 2026 moved into Common Stock holdings and are not counted in the RSU table.

Q: What are the vesting terms of the 8,299 PAL restricted stock units awarded on February 13, 2026?

The 8,299 restricted stock units awarded February 13, 2026 vest in three equal installments on February 13, 2027, 2028 and 2029. Each vested unit converts into one share of PAL Common Stock upon settlement.

Q: How do Adam Jeffrey Smith’s PAL RSUs convert into Common Stock?

Both RSU grants convert into Common Stock on a one-for-one basis. After each scheduled vesting date, the vested restricted stock units are eligible to settle into an equivalent number of PAL Common Stock shares.</

Q: Does this PAL Form 3 report any insider buying or selling transactions?

No buying or selling is reported; this Form 3 lists holdings only. It discloses current ownership of Common Stock and RSUs, without any purchase, sale, exercise, or disposition transactions on the reported date.

Proficient Auto Logistics, Inc. reports initial equity holdings for Senior VP of Administration Adam Jeffrey Smith.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Proficient Auto Logistics, Inc. reports initial equity holdings for Senior VP of Administration Adam Jeffrey Smith. The reporting person holds 3,632 shares of Common Stock directly. In addition, he holds Restricted Stock Units (RSUs) convertible into 10,112 and 8,299 shares of Common Stock on a one-for-one basis, subject to multi‑year vesting schedules beginning in 2026 and 2027, respectively.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Smith Adam Jeffrey

Role Senior VP of Administration

Type	Security	Shares	Price	Value
holding	Restricted Stock Units ^F1	--	--	--
holding	Restricted Stock Units ^F2	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 18,411 contracts (Direct); Common Stock — 3,632 shares (Direct)

Footnotes (2)

F1. On March 24, 2025, the Reporting Person was awarded 15,167 restricted stock units that vest in equal installments on each of March 24, 2026, 2027 and 2028. The restricted stock units that vested on March 24, 2026 are not included in the total in Table II and are included in Table 1. These restricted stock units convert into common stock on a one-for-one basis.
F2. On February 13, 2026, the Reporting Person was awarded 8,299 restricted stock units that vest in equal installments on each of February 13, 2027, 2028 and 2029. These restricted stock units convert into common stock on a one-for-one basis.

Key Figures

Common Stock held: 3,632 shares RSUs underlying shares (Grant 1): 10,112 shares RSUs underlying shares (Grant 2): 8,299 shares +3 more

6 metrics

Common Stock held 3,632 shares Direct Common Stock ownership reported as of 2026-08-06

RSUs underlying shares (Grant 1) 10,112 shares Restricted Stock Units convertible into Common Stock, tied to March 24, 2025 award

RSUs underlying shares (Grant 2) 8,299 shares Restricted Stock Units convertible into Common Stock, awarded February 13, 2026

Total RSU award March 24, 2025 15,167 units RSUs vesting in equal installments in 2026, 2027 and 2028

RSU vesting dates (2025 grant) March 24, 2026, 2027, 2028 Schedule for 15,167 RSUs awarded March 24, 2025

RSU vesting dates (2026 grant) February 13, 2027, 2028, 2029 Schedule for 8,299 RSUs awarded February 13, 2026

Key Terms

Restricted Stock Units, vest, one-for-one basis

3 terms

Restricted Stock Units financial

"the Reporting Person was awarded 15,167 restricted stock units that vest in equal"

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.

vest financial

"restricted stock units that vest in equal installments on each of March 24, 2026"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

one-for-one basis financial

"These restricted stock units convert into common stock on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity holdings in PAL does Adam Jeffrey Smith report on this Form 3?

Adam Jeffrey Smith reports 3,632 shares of Common Stock held directly, plus RSUs convertible into 10,112 and 8,299 shares of Common Stock, all on a one-for-one basis and subject to vesting schedules.

What are the vesting terms of the 15,167 PAL restricted stock units awarded on March 24, 2025?

The 15,167 restricted stock units awarded March 24, 2025 vest in three equal installments on March 24, 2026, 2027 and 2028. Units that vested on March 24, 2026 moved into Common Stock holdings and are not counted in the RSU table.

What are the vesting terms of the 8,299 PAL restricted stock units awarded on February 13, 2026?

The 8,299 restricted stock units awarded February 13, 2026 vest in three equal installments on February 13, 2027, 2028 and 2029. Each vested unit converts into one share of PAL Common Stock upon settlement.

How do Adam Jeffrey Smith’s PAL RSUs convert into Common Stock?

Both RSU grants convert into Common Stock on a one-for-one basis. After each scheduled vesting date, the vested restricted stock units are eligible to settle into an equivalent number of PAL Common Stock shares.

Does this PAL Form 3 report any insider buying or selling transactions?

No buying or selling is reported; this Form 3 lists holdings only. It discloses current ownership of Common Stock and RSUs, without any purchase, sale, exercise, or disposition transactions on the reported date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/17/2026 - 09:40 PM EDT

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Smith Adam Jeffrey

(Last)

(First)

(Middle)

12276 SAN JOSE BLVD.

SUITE 426

(Street)

JACKSONVILLE

FLORIDA

32223

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
08/06/2026

3. Issuer Name and Ticker or Trading Symbol
Proficient Auto Logistics, Inc [ PAL ]

3a. Foreign Trading Symbol

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

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior VP of Administration

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,632	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽¹⁾	⁽¹⁾	Common Stock	10,112	⁽¹⁾	D
Restricted Stock Units	⁽²⁾	⁽²⁾	Common Stock	8,299	⁽²⁾	D

Explanation of Responses:

1. On March 24, 2025, the Reporting Person was awarded 15,167 restricted stock units that vest in equal installments on each of March 24, 2026, 2027 and 2028. The restricted stock units that vested on March 24, 2026 are not included in the total in Table II and are included in Table 1. These restricted stock units convert into common stock on a one-for-one basis.

2. On February 13, 2026, the Reporting Person was awarded 8,299 restricted stock units that vest in equal installments on each of February 13, 2027, 2028 and 2029. These restricted stock units convert into common stock on a one-for-one basis.

Remarks:

Ex. 24 - Power of Attorney

	/s/ Bradley J. Wright, as attorney-in-fact	08/17/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR