Proficient Auto SVP granted 27,248 RSUs
Proficient Auto Logistics, Inc (PAL) reported that Jason Evans, Senior VP of Operations, received a grant of 27,248 Restricted Stock Units (RSUs) linked to common stock.
Rhea-AI Filing Summary
Proficient Auto Logistics, Inc (PAL) reported that Jason Evans, Senior VP of Operations, received a grant of 27,248 Restricted Stock Units (RSUs) linked to common stock. The RSUs were awarded on August 11, 2026 at a stated price of $0.00 per unit and increase his direct holdings to 27,248 RSUs. A footnote states these RSUs vest on August 11, 2028 and will convert into common stock on a one-to-one basis upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 27,248 shares
Grant/Award
1 txn
Insider
Evans Jason
Role
Senior VP of Operations
| 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)
- 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.
Key Figures
Restricted Stock Units granted: 27,248 units
Transaction price per unit: $0.00
RSUs following transaction: 27,248 units
+2 more
5 metrics
Restricted Stock Units granted
27,248 units
Grant to Jason Evans on August 11, 2026
Transaction price per unit
$0.00
RSU grant to Jason Evans on August 11, 2026
RSUs following transaction
27,248 units
Direct holdings of Jason Evans after grant
RSU vesting date
August 11, 2028
Vesting date for 27,248 RSUs granted to Jason Evans
RSU-to-common-stock conversion ratio
1:1
Each RSU converts into one share of common stock upon vesting
Key Terms
Restricted Stock Units, vest, one-to-one basis
3 terms
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 Jason Evans?
PAL reported that Senior VP of Operations Jason Evans received a grant of 27,248 Restricted Stock Units (RSUs) on August 11, 2026, increasing his direct RSU holdings to 27,248.
When do Jason Evans’s RSUs at PAL vest?
The filing states that Jason Evans’s 27,248 RSUs vest on August 11, 2028. Upon vesting, these restricted stock units convert into common stock on a one-to-one basis.
What is the conversion ratio of Jason Evans’s PAL RSUs to common stock?
The RSUs convert into PAL common stock on a one-to-one basis, meaning each of the 27,248 Restricted Stock Units becomes one share of common stock when vested.
Did PAL’s RSU grant to Jason Evans involve any purchase price?
No. The Form 4 reports a transaction price per share of $0.00 for the grant of 27,248 Restricted Stock Units to Jason Evans, indicating a compensation-related award rather than an open-market purchase.
Was the PAL Form 4 transaction for Jason Evans under a Rule 10b5-1 plan?
No. The filing’s 10b5-1 checkbox is not affirmed (set to false), and there is no footnote stating that the 27,248 RSU grant to Jason Evans was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.