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Proficient Auto grants 27,248 RSUs to senior VP

Proficient Auto Logistics, Inc (PAL) reported that officer Adam Jeffrey Smith, Senior VP of Administration, received a grant of 27,248 Restricted Stock Units (RSUs) on August 11, 2026.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Proficient Auto Logistics, Inc (PAL) reported that officer Adam Jeffrey Smith, Senior VP of Administration, received a grant of 27,248 Restricted Stock Units (RSUs) on August 11, 2026. These RSUs vest on August 11, 2028 and convert into common stock on a one-to-one basis, giving him 27,248 RSUs held directly after the award.

Positive

  • None.

Negative

  • None.
Insider Smith Adam Jeffrey
Role Senior VP of Administration
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1 27,248 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 27,248 contracts (Direct)
Footnotes (1)
  1. F1. Represents restricted stock units that vest on August 11, 2028. These restricted stock units convert into common stock on a one-to-one basis.
Restricted Stock Units granted 27,248 units RSU award to Senior VP of Administration on August 11, 2026
Price per RSU $0.00 Reported grant price per restricted stock unit
Underlying common stock 27,248 shares RSUs convert into PAL common stock on a one-to-one basis
Holdings after transaction 27,248 units Total restricted stock units directly held by Adam Jeffrey Smith after the grant
RSU vesting date August 11, 2028 Date when the 27,248 RSUs vest
Restricted Stock Units financial
"Represents restricted stock units that vest on August 11, 2028."
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.
vest financial
"Represents restricted stock units that vest on August 11, 2028."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
one-to-one basis financial
"These restricted stock units convert into common stock on a one-to-one basis."

FAQ

What insider transaction did PAL report for Adam Jeffrey Smith?

PAL reported that Adam Jeffrey Smith, Senior VP of Administration, received a grant of 27,248 Restricted Stock Units on August 11, 2026, as a compensation-related award, reported at $0.00 per unit as customary for RSU grants.

When do the 27,248 RSUs granted to Adam Jeffrey Smith at PAL vest?

The 27,248 RSUs granted to Adam Jeffrey Smith vest on August 11, 2028. Upon vesting, each restricted stock unit converts into one share of PAL common stock, subject to the award’s terms and conditions.

How many PAL shares are underlying Adam Jeffrey Smith’s RSU grant?

The RSU grant to Adam Jeffrey Smith is linked to 27,248 shares of PAL common stock. The filing states that the restricted stock units convert into common stock on a one-to-one basis upon vesting.

What is Adam Jeffrey Smith’s PAL equity position after this RSU transaction?

After the reported transaction, Adam Jeffrey Smith directly holds 27,248 Restricted Stock Units. These units represent a contingent right to receive an equal number of PAL common shares if and when the units vest on August 11, 2028.

Was the PAL Form 4 transaction a purchase or sale in the market?

No. The Form 4 reports a grant of 27,248 Restricted Stock Units to Adam Jeffrey Smith, categorized as a grant, award, or other acquisition, not an open-market purchase or sale.

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

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Learn about SEC filing dates
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*
Smith Adam Jeffrey

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior VP of Administration
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
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
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)08/11/2026A27,248 (1) (1)Common Stock27,248$0.0027,248D
Explanation of Responses:
1. Represents restricted stock units that vest on August 11, 2028. These restricted stock units convert into common stock on a one-to-one basis.
/s/ Bradley J. Wright, as attorney-in-fact08/27/2026
** 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)