Welcome to our dedicated page for Proficient Auto Logistics SEC filings (Ticker: PAL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Proficient Auto Logistics, Inc. (NASDAQ: PAL) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Proficient Auto Logistics is a specialized freight company focused on auto transportation and logistics services, and its filings offer detailed information on its financial condition, operating performance, and corporate developments.
Investors can review PAL’s annual reports on Form 10-K and quarterly reports on Form 10-Q for discussions of its integrated freight and logistics operations, revenue categories such as Truckload and Brokerage, unit volumes for company deliveries and subhaulers, and the use of non-GAAP measures including Adjusted Operating Income, Adjusted Operating Ratio, EBITDA, and Adjusted EBITDA. These documents also describe the company’s acquisitions of founding auto hauling businesses and subsequent additions such as Auto Transport Group and Brothers Auto Transport.
Current reports on Form 8-K, such as those filed in connection with earnings releases, provide timely updates on results of operations and financial condition, as well as information about scheduled investor conference calls. PAL’s filings also identify it as an emerging growth company and confirm that its common stock trades on the Nasdaq Global Market under the symbol PAL.
On Stock Titan, SEC filings are accompanied by AI-powered summaries designed to highlight key points from lengthy documents, helping users understand complex sections of 10-K and 10-Q reports more quickly. Real-time updates from the EDGAR system, along with access to Forms 3, 4, and 5 when available, allow users to monitor changes in ownership and other regulatory disclosures related to Proficient Auto Logistics.
Proficient Auto Logistics, Inc. director and CEO Richard D. Odell exercised restricted stock units into common shares as part of his equity compensation. On May 13, 2026, 161,670 restricted stock units converted into an equal number of common shares at a price of $0.00 per share.
Following the transaction, Odell directly held 997,842 common shares and 485,015 restricted stock units. These units are part of an award of 808,355 restricted stock units granted on May 13, 2024, which vest in equal installments annually from 2025 through 2029 and convert to common stock on a one-for-one basis.
Proficient Auto Logistics director Charles A. Alutto reported equity compensation activity involving restricted stock units (RSUs) and common shares. On May 7, 2026, he received 10,295 RSUs that convert into common stock on a one-for-one basis and vest at the issuer's 2027 annual stockholder meeting.
On May 6, 2026, 9,135 previously granted RSUs vested and were exercised into 9,135 shares of common stock. Following these transactions, Alutto directly holds 52,385 shares of common stock and 10,295 RSUs. The filing shows only grants and exercises, with no open-market purchases or sales.
Proficient Auto Logistics director James B. Gattoni reported equity compensation activity. On May 6, 2026, 9,135 restricted stock units converted into the same number of common shares, bringing his direct common stock holdings to 34,135 shares. On May 7, 2026, he received a new grant of 10,295 restricted stock units, which will vest on the date of the company’s 2027 annual meeting of stockholders and convert into common stock on a one-for-one basis.
Proficient Auto Logistics, Inc. director Brenda R. Frank reported equity compensation activity. She received a grant of 10,295 restricted stock units (RSUs)9,135 RSUsMay 13, 2025May 6, 2026$0.00 per share17,583 shares of common stock. All reported moves are compensation-related grants and derivative exercises rather than open-market purchases or sales.
Proficient Auto Logistics director Steven F. Lux reported equity compensation activity. On May 7, 2026, he received a grant of 10,295 restricted stock units, which will vest on the date of the company’s 2027 annual stockholders’ meeting and convert into common stock on a one-for-one basis.
On May 6, 2026, 9,481 previously granted restricted stock units, originally awarded on August 15, 2025, vested and were converted into 9,481 shares of common stock. After these transactions, Lux directly owned 611,957 shares of common stock. All reported movements reflect grants and conversions, with no open-market buying or selling.
Proficient Auto Logistics director John Schraudenbach reported routine equity compensation activity. He received 10,295 restricted stock units at no cost that will vest on the company’s 2027 annual meeting of stockholders, with each unit convertible into one share of common stock.
He also exercised 9,135 previously granted restricted stock units into 9,135 shares of common stock. Following these transactions, he directly holds 24,135 shares of common stock and 10,295 unvested restricted stock units.
Proficient Auto Logistics, Inc. reported weaker results for the quarter ended March 31, 2026. Total operating revenue was $93.7 million, slightly below $95.2 million a year earlier, while net loss widened to $6.5 million from $3.2 million. Basic and diluted loss per share increased to $0.23 from $0.12.
EBITDA fell to $3.1 million with a 3.3% margin, and Adjusted EBITDA declined to $4.5 million with a 4.8% margin, both down from the prior year period. Cash and cash equivalents decreased to $9.8 million from $14.3 million at year-end, while long-term debt (including current portion) declined to $69.3 million.
The Company Drivers segment grew revenue to $36.3 million, but Subhaulers revenue decreased to $57.4 million as more loads shifted to company drivers. The company also launched a $15 million share repurchase program and had repurchased 82,877 shares at an average price of $6.25 by quarter-end.
Proficient Auto Logistics, Inc. reported a weaker first quarter of 2026, with total operating revenue of $93.7 million, down 1.6% from the same period in 2025. The company recorded an operating loss of $6.9 million versus a $2.4 million loss a year earlier, and net loss widened to $6.5 million, or $0.23 per share, compared with $3.2 million, or $0.12 per share. Adjusted EBITDA declined to $4.5 million, a 4.8% margin, from $7.8 million and an 8.2% margin. Total units delivered rose 1.5% to 501,850, driven by higher company deliveries, while revenue per unit declined.
The company ended March 31, 2026 with $9.8 million of cash and $69.1 million of debt, implying net debt of about $59.3 million and a trailing twelve‑month Adjusted EBITDA of $36.3 million. Management noted headwinds from lower early-quarter volumes, severe winter weather and higher diesel prices, but cited improving demand and fuel cost recovery exiting the quarter. Separately, stockholders elected eight directors and ratified Grant Thornton LLP as auditor, while a proposed amendment to the certificate of incorporation did not achieve the required 66 2/3% approval.