STOCK TITAN

Proficient Auto Logistics (PAL) director adds shares through RSU grant and exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Proficient Auto Logistics director John Schraudenbach reported routine equity compensation activity. He received 10,295 restricted stock units at no cost that will vest on the company’s 2027 annual meeting of stockholders, with each unit convertible into one share of common stock.

He also exercised 9,135 previously granted restricted stock units into 9,135 shares of common stock. Following these transactions, he directly holds 24,135 shares of common stock and 10,295 unvested restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Schraudenbach John
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 10,295 $0.00 --
Exercise Restricted Stock Units 9,135 $0.00 --
Exercise Common Stock 9,135 $0.00 --
Holdings After Transaction: Restricted Stock Units — 10,295 shares (Direct, null); Common Stock — 24,135 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
New RSU grant 10,295 restricted stock units Granted as director equity award, vesting at 2027 annual meeting
RSUs exercised 9,135 restricted stock units Converted into 9,135 shares of common stock
Common shares held 24,135 shares Direct common stock holdings after transactions
Unvested RSUs outstanding 10,295 restricted stock units Remain unvested, convertible one-for-one into common stock
Restricted Stock Units financial
"On May 13, 2025, the Reporting Person was granted 9,135 restricted stock units that vested on May 6, 2026."
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 financial
"Represents restricted stock units that vest on the date of the Issuer's 2027 annual meeting of stockholders."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
SEC Form 4
FORM 4UNITED 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*
Schraudenbach John

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026M9,135A$0.0024,135D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/06/2026M9,135 (1) (1)Common Stock9,135$0.000D
Restricted Stock Units(2)05/07/2026A10,295 (2) (2)Common Stock10,295$0.0010,295D
Explanation of Responses:
1. 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.
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-fact05/15/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did John Schraudenbach report for Proficient Auto Logistics (PAL)?

John Schraudenbach 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 equity compensation rather than open-market buying or selling of Proficient Auto Logistics shares.

How many shares of Proficient Auto Logistics (PAL) does John Schraudenbach now hold?

After the reported transactions, John Schraudenbach holds 24,135 shares of Proficient Auto Logistics common stock directly. He also has 10,295 unvested restricted stock units outstanding, which are eligible to convert into common shares on a one-for-one basis when they vest.

What are the terms of John Schraudenbach’s new restricted stock unit grant at Proficient Auto Logistics (PAL)?

He received 10,295 restricted stock units at no cash cost, scheduled to vest on the date of Proficient Auto Logistics’ 2027 annual meeting of stockholders. Each restricted stock unit converts into one share of common stock when the vesting condition is satisfied.

Did John Schraudenbach buy or sell Proficient Auto Logistics (PAL) shares on the open market?

The reported transactions are equity awards and exercises, not open-market trades. Schraudenbach exercised 9,135 restricted stock units into common shares and received 10,295 new restricted stock units as compensation, with no market purchases or sales disclosed.

How do John Schraudenbach’s restricted stock units in Proficient Auto Logistics (PAL) work?

Restricted stock units are a form of stock-based compensation that convert into common shares when vesting conditions are met. Schraudenbach’s units convert into Proficient Auto Logistics common stock on a one-for-one basis, aligning his compensation with long-term shareholder value.