Proficient Auto Logistics director awarded RSUs, exercises grant
Proficient Auto Logistics director Douglas L. Col reported equity compensation activity.
Rhea-AI Filing Summary
Proficient Auto Logistics director Douglas L. Col reported equity compensation activity. He received a grant of 10,295 restricted stock units on May 7, 2026, which will vest on the date of the company’s 2027 annual meeting of stockholders and convert into common stock one-for-one.
On May 6, 2026, previously granted 9,135 restricted stock units that were awarded on May 13, 2025 vested and were exercised into 9,135 shares of common stock. After these transactions, Col directly holds 43,260 shares of common stock. The filing reflects routine director compensation and a derivative exercise, with no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,135 shares exercised/converted
Exercise
3 txns
Insider
COL DOUGLAS L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,295 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,135 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,135 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 10,295 contracts (Direct);
Common Stock — 43,260 shares (Direct)
Footnotes (2)
- F1. On May 13, 2025, the Reporting Person was granted 9,135 restricted stock units that vested on May 6, 2026. These restricted stock units convert into common stock on a one-for-one basis.
- F2. Represents restricted stock units that vest on the date of the Issuer's 2027 annual meeting of stockholders. These restricted stock units convert into common stock on a one-for-one basis.
Key Figures
RSUs granted: 10,295 restricted stock units
RSUs exercised: 9,135 restricted stock units
Common shares after transactions: 43,260 shares
+3 more
6 metrics
RSUs granted
10,295 restricted stock units
Grant on May 7, 2026 to Douglas L. Col
RSUs exercised
9,135 restricted stock units
Vested and converted on May 6, 2026
Common shares after transactions
43,260 shares
Direct holdings following May 6, 2026 exercise
2025 RSU grant size
9,135 restricted stock units
Granted on May 13, 2025, vested May 6, 2026
Exercise transactions
1 exercise, 9,135 shares
Transaction code M, derivative exercise/conversion
Compensation acquisitions
3 acquire-type transactions
All transactions classified as acquisitions in summary
Key Terms
Restricted Stock Units, derivative security, annual meeting of stockholders, one-for-one basis
4 terms
Restricted Stock Units financial
"On May 13, 2025, the Reporting Person was granted 9,135 restricted stock units..."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
annual meeting of stockholders regulatory
"vest on the date of the Issuer's 2027 annual meeting of stockholders"
one-for-one basis financial
"These restricted stock units convert into common stock on a one-for-one basis"
FAQ
What insider transactions did PAL director Douglas L. Col report?
Douglas L. Col reported a grant of 10,295 restricted stock units and the exercise of 9,135 previously granted units into common stock. These actions reflect routine director equity compensation, not open-market buying or selling of Proficient Auto Logistics (PAL) shares.
How many Proficient Auto Logistics (PAL) RSUs were granted to Douglas L. Col?
Douglas L. Col was granted 10,295 restricted stock units on May 7, 2026. According to the disclosure, these RSUs will vest on the date of Proficient Auto Logistics’ 2027 annual meeting and will convert into common stock on a one-for-one basis at vesting.
When do Douglas L. Col’s new PAL restricted stock units vest?
The 10,295 restricted stock units granted to Douglas L. Col vest on the date of Proficient Auto Logistics’ 2027 annual meeting of stockholders. Upon vesting, each restricted stock unit converts into one share of PAL common stock under the terms described.
What happened to the 9,135 PAL restricted stock units granted in 2025?
The 9,135 restricted stock units granted to Douglas L. Col on May 13, 2025 vested on May 6, 2026. Upon vesting, those units were exercised and converted into 9,135 shares of Proficient Auto Logistics common stock on a one-for-one basis as disclosed.
Do the reported PAL transactions involve open-market buying or selling by Douglas L. Col?
The reported transactions involve a grant of restricted stock units and an exercise of vested units into common stock. The data show no open-market purchases or sales; these are compensation-related and derivative exercise transactions, not discretionary market trades in PAL shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
