Proficient Auto director granted 10,295 RSUs
Proficient Auto Logistics, Inc. director Rohit Lal reported routine equity compensation activity.
Rhea-AI Filing Summary
Proficient Auto Logistics, Inc. director Rohit Lal reported routine equity compensation activity. He received a grant of 10,295 restricted stock units (RSUs) on May 7, 2026, which will vest on the company’s 2027 annual meeting of stockholders and convert to common stock one-for-one.
Separately, 1,903 previously granted RSUs vested on May 6, 2026 and were exercised into 1,903 shares of common stock. Following these transactions, Lal directly holds 21,903 shares of common stock and 10,295 RSUs, reflecting ongoing alignment of director compensation with shareholder equity rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,903 shares exercised/converted
Exercise
3 txns
Insider
Lal Rohit
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,295 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,903 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,903 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 10,295 contracts (Direct);
Common Stock — 21,903 shares (Direct)
Footnotes (2)
- F1. On February 26, 2026, the Reporting Person was granted 1,903 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
RSU grant: 10,295 restricted stock units
RSU exercise: 1,903 RSUs
Common shares held: 21,903 shares
+2 more
5 metrics
RSU grant
10,295 restricted stock units
Granted to director Rohit Lal on May 7, 2026
RSU exercise
1,903 RSUs
Vested and converted into 1,903 common shares on May 6, 2026
Common shares held
21,903 shares
Directly held by Rohit Lal following the reported transactions
RSUs held
10,295 restricted stock units
Outstanding RSUs after the new grant
Exercise shares total
1,903 shares
Total derivative exercise shares in this Form 4
Key Terms
Restricted Stock Units, derivative security, annual meeting of stockholders
3 terms
Restricted Stock Units financial
"The Reporting Person was granted 1,903 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
"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
"vest on the date of the Issuer's 2027 annual meeting of stockholders"
FAQ
What insider transactions did PAL director Rohit Lal report on this Form 4?
Director Rohit Lal reported a grant of 10,295 restricted stock units and the exercise of 1,903 previously granted RSUs into 1,903 shares of Proficient Auto Logistics common stock, reflecting routine equity compensation rather than open-market buying or selling activity.
When do Rohit Lal’s newly granted PAL restricted stock units vest?
The 10,295 restricted stock units granted to Rohit Lal vest on the date of Proficient Auto Logistics’ 2027 annual meeting of stockholders. Upon vesting, these RSUs convert into common stock on a one-for-one basis, adding to his equity stake in the company.
What happened to the 1,903 PAL restricted stock units mentioned in the Form 4 footnote?
The 1,903 restricted stock units were granted on February 26, 2026 and vested on May 6, 2026. On vesting, they converted into 1,903 shares of Proficient Auto Logistics common stock on a one-for-one basis, increasing Rohit Lal’s directly held share count.
Does the PAL Form 4 show any open-market stock purchases or sales by Rohit Lal?
The Form 4 does not show any open-market purchases or sales by Rohit Lal. It reports a grant of restricted stock units and the conversion of vested RSUs into common stock, which are standard components of director equity compensation rather than market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
