Proficient Auto Logistics (PAL) President and COO purchases 995 shares at $5.55
Rhea-AI Filing Summary
Proficient Auto Logistics, Inc. executive Amy F. Rice, President and COO, purchased 995 shares of common stock on August 13, 2026 in an open-market or private transaction at $5.55 per share. Following this buy, she directly owns 18,385 shares of Proficient Auto Logistics common stock. The transaction was reported as not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 995 shares
Net Buy
1 txn
Insider
Rice Amy F.
Role
President and COO
Bought
995 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 995 | $5.55 | $6K |
Holdings After Transaction:
Common Stock — 18,385 shares (Direct)
Key Figures
Shares purchased: 995 shares
Purchase price: $5.55 per share
Holdings after transaction: 18,385 shares
3 metrics
Shares purchased
995 shares
Common stock purchase on August 13, 2026
Purchase price
$5.55 per share
Price paid in the August 13, 2026 transaction
Holdings after transaction
18,385 shares
Direct common stock ownership by Amy F. Rice after the purchase
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, beneficial ownership
3 terms
Rule 10b5-1 trading plan regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"transaction_code_description: Purchase in open market or private transaction"
beneficial ownership regulatory
"Footnotes may reference disclaimeers of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Proficient Auto Logistics (PAL) report?
Proficient Auto Logistics reported that President and COO Amy F. Rice purchased 995 shares of common stock on August 13, 2026 in an open-market or private transaction at $5.55 per share.
Was Amy F. Rice’s PAL stock purchase under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is marked false, indicating Amy F. Rice’s August 13, 2026 purchase of 995 shares was not executed under a pre-arranged trading plan.
What role does the insider in this PAL Form 4 hold at the company?
The reporting insider, Amy F. Rice, serves as President and Chief Operating Officer (COO) of Proficient Auto Logistics, Inc., as stated in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.