[Form 4] Proficient Auto Logistics, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Insider transactions by Amy F. Rice at Proficient Auto Logistics (PAL)
Amy F. Rice, President and COO, reported that 21,555 restricted stock units converted into common stock on 08/14/2025 and were recorded as acquired at $0.00, increasing her beneficial ownership to 23,490 shares immediately after that transaction. On 08/15/2025 she sold 6,100 shares at a weighted average price of $7.8216, reducing her direct beneficial ownership to 17,390 shares. The Form 4 notes the RSU grant date of 08/14/2024 for 64,666 RSUs vesting equally on August 14 of 2025, 2026, and 2027, and confirms the sale executed in multiple trades at prices ranging from $7.68 to $8.05.
Positive
- None.
Negative
- None.
Insights
TL;DR: Executive received vested RSUs and executed a partial sale, modestly reducing direct holdings without indicating unusual market activity.
The report shows customary vesting mechanics: 21,555 restricted stock units converted to common stock and were recorded as acquired at no cash cost to the insider, reflecting scheduled vesting from a 64,666 RSU grant dated 08/14/2024. The subsequent sale of 6,100 shares at a weighted average of $7.8216 appears to be a partial disposition of vested shares. From an investor-impact perspective this is routine executive equity monetization rather than a material corporate event; holdings remain meaningful at 17,390 shares directly owned.
TL;DR: Transaction aligns with standard equity compensation vesting and disclosure; filing appears complete and compliant.
The Form 4 discloses the vesting conversion of RSUs and an immediate sale executed across multiple trades, with a weighted average sale price disclosed and an offer to provide further trade price details on request. The filing identifies the reporting person and relationship to the issuer, and is signed by an attorney-in-fact. These elements meet Section 16(a) disclosure norms; there is no indication in this filing of accelerated vesting, related-party transaction, or exemption claims that would raise governance concerns.