Proficient Auto director granted 10,295 RSUs

Proficient Auto Logistics director Steven F. Lux reported equity compensation activity.

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Form Type

Rhea-AI Filing Summary

Proficient Auto Logistics director Steven F. Lux reported equity compensation activity. On May 7, 2026, he received a grant of 10,295 restricted stock units, which will vest on the date of the company’s 2027 annual stockholders’ meeting and convert into common stock on a one-for-one basis.

On May 6, 2026, 9,481 previously granted restricted stock units, originally awarded on August 15, 2025, vested and were converted into 9,481 shares of common stock. After these transactions, Lux directly owned 611,957 shares of common stock. All reported movements reflect grants and conversions, with no open-market buying or selling.

Insider Trade Summary

9,481 shares exercised/converted

Exercise 3 txns

Insider Lux Steven F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	10,295	$0.00	$0.00
Exercise	Restricted Stock Units	9,481	$0.00	$0.00
Exercise	Common Stock	9,481	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 10,295 contracts (Direct); Common Stock — 611,957 shares (Direct)

Footnotes (2)

F1. On August 15, 2025, the Reporting Person was granted 9,481 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

New RSU grant: 10,295 restricted stock units Vested RSUs converted: 9,481 restricted stock units Common shares held after transactions: 611,957 shares +2 more

5 metrics

New RSU grant 10,295 restricted stock units Granted to Steven F. Lux on May 7, 2026

Vested RSUs converted 9,481 restricted stock units Vested and converted to common stock on May 6, 2026

Common shares held after transactions 611,957 shares Direct ownership after May 6, 2026 transaction

Original grant date for 9,481 RSUs August 15, 2025 Prior RSU award later vested on May 6, 2026

Vesting for new 10,295 RSUs 2027 annual meeting date RSUs vest at issuer’s 2027 annual stockholders’ meeting

Key Terms

Restricted Stock Units, derivative security, Form 4, one-for-one basis

4 terms

Restricted Stock Units financial

"On May 7, 2026, he received a grant of 10,295 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.

Form 4 regulatory

"The Form 4 lists no open-market purchases or sales by Steven F. Lux"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

one-for-one basis financial

"These restricted stock units convert into common stock on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did PAL director Steven F. Lux report on this Form 4?

Steven F. Lux reported equity compensation actions, including vesting of 9,481 restricted stock units into common stock and a new grant of 10,295 restricted stock units, all awarded at no cash exercise price as director compensation.

How many Proficient Auto Logistics (PAL) RSUs did Steven F. Lux receive?

Steven F. Lux received 10,295 restricted stock units. These units vest on the date of Proficient Auto Logistics’ 2027 annual stockholders’ meeting and convert into common stock on a one-for-one basis when they vest, increasing his equity-based compensation.

When did Steven F. Lux’s earlier PAL restricted stock units vest and convert?

A prior grant of 9,481 restricted stock units to Steven F. Lux vested on May 6, 2026. According to the filing, those units were granted on August 15, 2025 and converted into 9,481 shares of Proficient Auto Logistics common stock one-for-one at vesting.

How many Proficient Auto Logistics shares does Steven F. Lux hold after these transactions?

Following these equity compensation events, Steven F. Lux directly held 611,957 shares of Proficient Auto Logistics common stock. This total reflects the conversion of 9,481 restricted stock units into common shares reported in the Form 4 insider trading report.

Were there any open-market buys or sells by Steven F. Lux in this PAL Form 4?

The Form 4 lists no open-market purchases or sales by Steven F. Lux. All reported activity involves restricted stock unit grants and their conversion into common stock, with transaction codes indicating awards and derivative exercises rather than market trades.

What is the conversion ratio for Steven F. Lux’s PAL restricted stock units?

The restricted stock units held by Steven F. Lux convert into Proficient Auto Logistics common stock on a one-for-one basis. Each vested unit becomes one share of common stock, as specified in the footnotes describing both the 9,481-unit and 10,295-unit RSU awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/15/2026 - 06:51 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lux Steven F

(Last)

(First)

(Middle)

12276 SAN JOSE BLVD.

SUITE 426

(Street)

JACKSONVILLE

FLORIDA

32223

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Proficient Auto Logistics, Inc [ PAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/06/2026		M		9,481	A	$0.00	611,957	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/06/2026		M			9,481	⁽¹⁾	⁽¹⁾	Common Stock	9,481	$0.00	0	D
Restricted Stock Units	⁽²⁾	05/07/2026		A		10,295		⁽²⁾	⁽²⁾	Common Stock	10,295	$0.00	10,295	D

Explanation of Responses:

1. On August 15, 2025, the Reporting Person was granted 9,481 restricted stock units that vested on May 6, 2026. These restricted stock units convert into common stock on a one-for-one basis.

2. 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.

	/s/ Bradley J. Wright, as attorney-in-fact	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR