Proficient Auto Logistics director buys 6,000 shares
The director's reported direct holdings were 617,957 shares after the purchase.
Rhea-AI Filing Summary
Proficient Auto Logistics, Inc. (PAL) director Steven F. Lux reported a direct purchase of 6,000 common shares at $4.01 per share on September 21, 2026. His reported direct holdings after the purchase were 617,957 shares. The transaction is described as a purchase in the open market or a private transaction. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,000 shares
Net Buy
1 txn
Insider
Lux Steven F
Role
Director
Bought
6,000 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,000 | $4.01 | $24K |
Holdings After Transaction:
Common Stock — 617,957 shares (Direct)
Key Figures
Shares purchased: 6,000 shares
Price per share: $4.01 per share
Direct holdings after purchase: 617,957 shares
3 metrics
Shares purchased
6,000 shares
Direct purchase on September 21, 2026
Price per share
$4.01 per share
Purchase on September 21, 2026
Direct holdings after purchase
617,957 shares
Following the September 21, 2026 purchase
Key Terms
non-derivative, direct ownership, Rule 10b5-1 plan
3 terms
non-derivative technical
"non-derivative common stock transaction"
direct ownership financial
"direct holdings after the purchase"
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.