STOCK TITAN

American Century discloses small PAL (PAL) stake in joint ownership filing

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research report beneficial ownership of common stock of Proficient Auto Logistics, Inc. This is an Amendment No. 2 to a passive ownership report.

The group reports beneficial ownership of 35,112 shares of Proficient Auto Logistics common stock, representing 0.1% of the class, with sole voting and sole dispositive power over all reported shares and no shared power. The filing states that ownership is of 5 percent or less of the class.

The economic interests in these shares are held by various clients and investment companies for which American Century Investment Management, Inc. serves as investment adviser; no single client advised by ACIM holds more than 5% of the class. ACIM is a wholly owned subsidiary of American Century Companies, Inc., which is controlled by the Stowers Institute for Medical Research.

Positive

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Negative

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Shares beneficially owned 35,112 shares Beneficial ownership of Proficient Auto Logistics common stock reported jointly by the filers
Ownership percentage 0.1% of class Percent of Proficient Auto Logistics common stock outstanding represented by the 35,112 shares
Sole voting power 35,112 shares Number of shares over which the reporting persons have sole power to vote or direct the vote
Shared voting power 0 shares Number of shares over which the reporting persons have shared power to vote or direct the vote
Sole dispositive power 35,112 shares Number of shares over which the reporting persons have sole power to dispose or direct disposition
Shared dispositive power 0 shares Number of shares over which the reporting persons have shared dispositive power
beneficial ownership financial
"respecting the beneficial ownership of the securities which are the subject of this schedule"
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.
sole voting power financial
"5 | Sole Voting Power 35,112.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"7 | Sole Dispositive Power 35,112.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Advisers Act of 1940 regulatory
"an investment adviser registered under Section 203 of the Investment Advisers Act of 1940"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
Schedule 13G regulatory
"the securities that are the subject of this schedule (the "Subject Securities")."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What percentage of Proficient Auto Logistics (PAL) shares does American Century report owning?

American Century reports beneficial ownership of 0.1% of Proficient Auto Logistics’ common stock, representing 35,112 shares. This stake is explicitly disclosed as 5 percent or less of the outstanding class.

How many Proficient Auto Logistics (PAL) shares are reported under American Century’s control?

The filing reports 35,112 shares of Proficient Auto Logistics common stock. The reporting persons have sole voting power and sole dispositive power over all 35,112 shares, with no shared voting or dispositive authority.

Who are the reporting persons in this Schedule 13G/A for PAL?

The reporting persons are American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research, which is identified as the control entity of American Century Companies, Inc.

Do underlying clients, not American Century, hold the economic interest in PAL shares?

Yes. The filing explains that various investment companies and institutional accounts advised by American Century Investment Management, Inc. hold the economic interests, including rights to dividends and sale proceeds, in the reported securities.

Does any single American Century client own more than 5% of Proficient Auto Logistics (PAL)?

According to the disclosure, no single client advised by American Century Investment Management, Inc. owns more than 5% of the class of Proficient Auto Logistics common stock covered by this schedule.

What is the relationship between American Century entities and the Stowers Institute in the PAL filing?

American Century Investment Management, Inc. is a wholly owned subsidiary of American Century Companies, Inc., which is controlled by the Stowers Institute for Medical Research. All three jointly report beneficial ownership of the same 35,112 shares.

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

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Learn about SEC filing dates





74317M104

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



American Century Investment Management, Inc.
Signature:American Century Investment Management, Inc.
Name/Title:/s/ John Pak / Senior Vice President
Date:08/14/2026
American Century Companies, Inc.
Signature:American Century Companies, Inc.
Name/Title:/s/ John Pak / Senior Vice President
Date:08/14/2026
Stowers Institute for Medical Research
Signature:Stowers Institute for Medical Research
Name/Title:/s/ Joselyn Verschelden / Authorized Signer
Date:08/14/2026
Exhibit Information

EXHIBIT Each of the undersigned hereby agrees and consents to the execution and joint filing on its behalf by American Century Investment Management, Inc. of this Schedule 13G respecting the beneficial ownership of the securities which are the subject of this schedule. Dated this 14th day of August, 2026. AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. ("ACIM") AMERICAN CENTURY COMPANIES, INC. ("ACC") By: __/s/ John Pak___________________ John Pak Senior Vice President, ACIM and ACC STOWERS INSTITUTE FOR MEDICAL RESEARCH, solely in its capacity as control entity of ACC By: __/s/ Joselyn Verschelden_________ Joselyn Verschelden Authorized Signer