Proficient Auto (PAL) director receives 9,481 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Proficient Auto Logistics director Steven F. Lux received a grant of 9,481 restricted stock units. The award vests on the date of the company’s 2026 annual meeting of stockholders and will convert into 9,481 shares of common stock on a one-for-one basis if vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lux Steven F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,481 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,481 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Proficient Auto Logistics (PAL) report for Steven F. Lux?
Proficient Auto Logistics reported that director Steven F. Lux received a grant of 9,481 restricted stock units. These RSUs are a form of equity compensation that will convert into common stock if the vesting conditions tied to the 2026 annual meeting are satisfied.
How many restricted stock units did Steven F. Lux receive from Proficient Auto Logistics (PAL)?
Steven F. Lux received 9,481 restricted stock units from Proficient Auto Logistics. Each unit represents the right to receive one share of common stock, subject to vesting on the date of the company’s 2026 annual meeting of stockholders.
When do Steven F. Lux’s Proficient Auto Logistics (PAL) RSUs vest?
The 9,481 restricted stock units granted to Steven F. Lux vest on the date of Proficient Auto Logistics’ 2026 annual meeting of stockholders. Vesting must occur before the RSUs convert into shares of common stock on a one-for-one basis.
What will Steven F. Lux receive when his Proficient Auto Logistics (PAL) RSUs vest?
Upon vesting at the 2026 annual meeting, Steven F. Lux’s 9,481 restricted stock units will convert into 9,481 shares of Proficient Auto Logistics common stock. The conversion is on a one-for-one basis according to the grant’s terms described in the filing footnote.
Was Steven F. Lux’s Form 4 transaction in Proficient Auto Logistics (PAL) a purchase or a grant?
The Form 4 shows a grant or award acquisition, not an open-market purchase. Steven F. Lux received 9,481 restricted stock units as equity compensation, with no cash price per share and vesting tied to the 2026 annual stockholders’ meeting.