Proficient Auto Logistics (PAL) SVP details stock and RSU stakes
Rhea-AI Filing Summary
Proficient Auto Logistics, Inc. officer Jason Evans filed an initial ownership report as Senior VP of Operations. The filing lists 26,939 shares of Common Stock held directly and two Restricted Stock Unit (RSU) awards that each convert into common stock on a one-for-one basis. One RSU grant covers 16,667 underlying shares from a 50,000-unit award made on May 13, 2024, vesting in equal installments on May 13, 2025, 2026, and 2027. A second RSU grant covers 9,544 underlying shares from an award made on February 13, 2026, vesting in equal installments on February 13, 2027, 2028, and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Evans Jason
Role
Senior VP of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 26,211 shares (Direct);
Common Stock — 26,939 shares (Direct)
Footnotes (2)
- F1. On May 13, 2024, the Reporting Person was awarded 50,000 restricted stock units that vest in equal installments on each of May 13, 2025, 2026 and 2027. The restricted stock units that vested on May 13, 2025 and 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 9,544 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 Holdings: 26,939 shares
RSUs Underlying Shares (2024 Award Portion): 16,667 shares
Total 2024 RSU Award: 50,000 units
+2 more
5 metrics
Common Stock Holdings
26,939 shares
Directly held common stock following the reported holdings as of 2026-08-06
RSUs Underlying Shares (2024 Award Portion)
16,667 shares
Restricted Stock Units converting into common stock on a one-for-one basis from the May 13, 2024 award
Total 2024 RSU Award
50,000 units
Restricted stock units awarded on May 13, 2024, vesting in three equal annual installments
RSUs Underlying Shares (2026 Award)
9,544 shares
Restricted Stock Units awarded on February 13, 2026, converting into common stock one-for-one
2026 RSU Vesting Tranches
3 installments
Vesting on February 13, 2027, 2028 and 2029 in equal installments
Key Terms
Restricted Stock Units, vest, convert into common stock, one-for-one basis
4 terms
Restricted Stock Units financial
"the Reporting Person was awarded 50,000 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 May 13, 2025"
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.
convert into common stock financial
"These restricted stock units convert into common stock on a one-for-one basis"
one-for-one basis financial
"These restricted stock units convert into common stock on a one-for-one basis"
FAQ
How many Restricted Stock Units linked to PAL common stock does Jason Evans hold?
Jason Evans holds RSU awards linked to 16,667 underlying PAL common shares from a 2024 grant and 9,544 underlying shares from a 2026 grant, all converting into common stock on a one-for-one basis upon vesting.
What is the vesting schedule for Jason Evans’ May 13, 2024 PAL RSU award?
The May 13, 2024 award of 50,000 RSUs vests in equal installments on May 13, 2025, 2026, and 2027. The unvested portion tied to 16,667 underlying shares remains in the RSU table; vested portions are reflected in the common stock holdings table.
When do Jason Evans’ February 13, 2026 PAL RSUs vest?
The February 13, 2026 grant of 9,544 RSUs vests in equal installments on February 13, 2027, 2028, and 2029. Each Restricted Stock Unit converts into one share of Proficient Auto Logistics, Inc. common stock as it vests.
Does the PAL Form 3 for Jason Evans show any recent stock purchases or sales?
The Form 3 lists holdings of Common Stock and RSUs but no specific purchase or sale transactions. All transaction codes are unspecified, and the entries function as an initial ownership snapshot rather than a record of recent trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
