Proficient Auto Logistics (PAL) director adds shares through RSU grant and exercise
Filing Impact
Filing Sentiment
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 Trade Summary
9,135 shares exercised/converted
Mixed
3 txns
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)
- 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.
Key Figures
New RSU grant: 10,295 restricted stock units
RSUs exercised: 9,135 restricted stock units
Common shares held: 24,135 shares
+1 more
4 metrics
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
Key Terms
Restricted Stock Units, derivative security, annual meeting of stockholders, Form 4
4 terms
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.
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.
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.
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.