Proficient Auto Logistics (PAL) director reports 50K-share open-market buy
Rhea-AI Filing Summary
Proficient Auto Logistics, Inc director Rohit Lal reported open-market purchases of the company’s common stock. On August 13, 2026, he purchased 40,000 shares at a weighted average price of $5.43 per share, executed in multiple trades between $5.41 and $5.44. On August 14, 2026, he purchased an additional 10,000 shares at $5.53 per share. The Rule 10b5-1 checkbox was not marked as affirming a trading plan, and post-transaction share holdings are not stated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
2 txns
Insider
Lal Rohit
Role
Director
Bought
50,000 shs ($273K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $5.53 | $55K |
| Purchase | Common Stock F1 | 40,000 | $5.43 | $217K |
Holdings After Transaction:
Common Stock — 71,903 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $5.41 to $5.44, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
Key Figures
Shares purchased 2026-08-13: 40,000 shares
Weighted average price 2026-08-13: $5.43 per share
Price range 2026-08-13 trades: $5.41–$5.44 per share
+3 more
6 metrics
Shares purchased 2026-08-13
40,000 shares
Common Stock purchased in open-market or private transaction at weighted average price
Weighted average price 2026-08-13
$5.43 per share
Weighted average price for 40,000-share purchase; trades ranged from $5.41 to $5.44
Price range 2026-08-13 trades
$5.41–$5.44 per share
Multiple trades executed within this range for the 40,000-share purchase
Shares purchased 2026-08-14
10,000 shares
Common Stock purchased in open-market or private transaction
Purchase price 2026-08-14
$5.53 per share
Per-share price for 10,000-share purchase of Common Stock
Total shares bought
50,000 shares
Aggregate of both reported open-market or private purchase transactions
Key Terms
open market or private transaction, weighted average sale price
2 terms
open market or private transaction financial
"transaction code description states Purchase in open market or private transaction"
weighted average sale price financial
"footnote describes a weighted average sale price for multiple trades"
FAQ
What insider transactions did PAL director Rohit Lal report in this Form 4?
Rohit Lal reported two open-market purchases of Proficient Auto Logistics common stock, totaling 50,000 shares across transactions on August 13 and 14, 2026, at prices in the mid $5 range.
Does the Form 4 disclose Rohit Lal’s total PAL holdings after these purchases?
The Form 4 does not state the total number of Proficient Auto Logistics shares owned by Rohit Lal after these purchases; the post-transaction share count field is left blank for both transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.