Welcome to our dedicated page for PAMT SEC filings (Ticker: PAMT), 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 PAMT CORP (NASDAQ: PAMT) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. PAMT CORP is a holding company whose subsidiaries offer truckload dry van carrier services transporting general commodities throughout the continental United States and the Canadian provinces of Ontario and Quebec, with additional transportation services in Mexico through gateways in Laredo and El Paso, Texas, under agreements with Mexican carriers. Its filings give investors insight into how this trucking and logistics-focused motor carrier reports its financial condition and operations.
Through its periodic reports on Forms 10-K and 10-Q, PAMT CORP presents operating revenue, revenue before fuel surcharge, fuel surcharge, operating expenses and costs, operating (loss) or income, interest expense, non-operating income, and net (loss) or income. These filings also include condensed consolidated balance sheets detailing current assets, property and equipment, total assets, current liabilities, long-term debt, deferred income taxes, and stockholders’ equity. Segment and operating data for truckload operations and logistics operations, such as total miles, operating ratio, empty miles factor, and total loads, are typically included in the company’s financial and operating statistics.
Current reports on Form 8-K capture specific events, such as the October 31, 2025 filing in which PAMT CORP reported that it had issued a news release announcing financial results for the third quarter ended September 30, 2025 and furnished that release as an exhibit. The company notes in such filings that the information may contain forward-looking statements and refers readers to its Annual Report on Form 10-K and other SEC reports for a discussion of risks and uncertainties.
On Stock Titan, PAMT CORP filings are updated in line with EDGAR, and AI-powered summaries can help explain lengthy documents by highlighting key items such as revenue trends, operating ratios, debt levels, and any described non-GAAP adjustments. Users can review 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and other submitted forms to understand how PAMT CORP presents its trucking and logistics operations, capital structure, and risk disclosures in its official regulatory documents.
PAMT CORP is asking shareholders to vote at its April 30, 2026 annual meeting on electing nine directors, approving an advisory resolution on executive pay, and ratifying Grant Thornton LLP as independent auditor.
The company is a NASDAQ “controlled company,” with more than 50% of voting power held by Chairman Matthew T. Moroun and Moroun family trusts, allowing exemptions from certain independence requirements. Four of nine director nominees are classified as independent, and the board maintains audit, compensation and executive committees, with the audit committee fully independent.
The proxy details a 2025 CEO transition: former CEO Joseph A. Vitiritto resigned, Moroun briefly served as interim CEO, and long-time executive Lance K. Stewart became President and CEO in August 2025. Executive pay combines salary, discretionary cash bonuses and time-vested restricted stock units under a new 2024 Equity Incentive Plan, with recent bonuses and grants aimed at retaining leadership through an extended freight recession. A pay-versus-performance table shows recent net losses alongside "compensation actually paid" for top executives.
PAMT CORP reports a challenging year, with 2025 truckload revenue before fuel surcharges falling 14.8% to $359.6 million from $422.0 million. Weaker freight markets, 10.4% fewer trucks and a lower rate per mile reduced total miles and pricing.
Profitability deteriorated, as the truckload segment posted an operating loss margin of 18.4%, driven by higher salary and purchased transportation ratios and a sharp jump in insurance and claims to 12.9% of revenue. This reflects a preliminary $30.0 million auto-liability settlement, with $26.5 million net exposure.
The company generated about $15.5 million in gains on equipment sales and higher non‑operating income from marketable equity securities, but rising interest expense from additional equipment financing and continued regulatory, customer concentration, tariff and driver‑availability risks highlight a difficult operating and financial backdrop.
PAMT CORP reported continued losses for the quarter and year ended December 31, 2025. The company posted a Q4 2025 net loss of $29.3 million, or $1.40 per share, versus a $31.6 million loss a year earlier. For full-year 2025, net loss widened to $52.6 million, or $2.48 per share, compared with a $31.8 million loss in 2024.
Operating revenue fell 15.1% in Q4 to $141.3 million and declined 16.3% for the year to $598.1 million, reflecting a weaker freight environment. Results were significantly affected by a $26.5 million increase in an auto-liability reserve for a specific claim expected to exceed insurance limits.
On a non-GAAP basis excluding major reserve, impairment and depreciation items, adjusted net loss was $9.4 million for Q4 2025 and $32.8 million for the year. As of December 31, 2025, PAMT CORP had $143.5 million in cash, marketable equity securities and available credit, stockholders’ equity of $210.5 million, and total debt of $333.9 million, after financing about $91.9 million of $107.1 million of new revenue equipment and generating $17.3 million in operating cash flow during 2025.
PAMT CORP President and CEO Stewart Lance reported a tax-related share withholding transaction. On 02/09/2026, 11,354 shares of common stock were disposed of at $12.03 per share to satisfy tax obligations tied to vesting of restricted stock. After this withholding, he directly beneficially owns 122,552 common shares.
PAMT CORP reported weaker results for the quarter ended September 30, 2025. Total operating revenues were $150.3 million, down from $182.6 million a year ago, and the company posted a net loss of $5.6 million (diluted EPS $(0.27)) versus prior-year net income of $2.4 million. For the first nine months, revenues were $456.7 million and net loss was $23.4 million (diluted EPS $(1.10)).
Truckload services remained the core business with $91.2 million of revenue before fuel surcharge (68.6% mix), while brokerage and logistics contributed $41.8 million (31.4%). Fuel surcharge revenue was $17.3 million. Management cited lower miles and softer rates amid an ongoing freight recession. Depreciation rose and interest expense increased to $4.5 million from $2.9 million, pressuring results, partly offset by $2.5 million in non-operating income.
Liquidity remained stable with $68.8 million in cash and no line-of-credit borrowings at quarter end. Operating cash flow was $23.1 million year-to-date. Long-term debt (carrying value) was $342.4 million. The company completed a tender repurchase of 870,000 shares at $17.00 for about $14.8 million. New tax legislation (OBBBA) reduced deferred tax liabilities by $8.5 million versus year-end.
PAMT CORP furnished an update on its business by issuing a news release covering its financial results for the third quarter ended September 30, 2025. The company filed a current report to make this earnings release publicly available and attached the full text as Exhibit 99.1.
The company notes that the information is being furnished rather than filed, which limits how it is treated under certain securities laws. The update also includes standard forward-looking statement language, reminding readers that actual future results may differ due to various risks and uncertainties described in PAMT CORP’s annual report and other regulatory filings.
PAMT Corp Schedule 13D/A Amendment No.16 reports family transfers and a voting agreement affecting control of the issuer. On September 11, 2025, 2,000,000 shares were sold by Matthew T. Moroun to the 2020 Irrevocable Lindsay S. Moroun Trust for $21,490,000 (per-share price $10.745), funded by an interest-bearing promissory note payable monthly through September 10, 2034. The filing shows aggregate beneficial ownership by related parties of 16,006,454 shares, representing 76.5% of the 20,926,020 shares outstanding. A new voting agreement aligns votes between Mr. Moroun and the special trustee, and the changes are described as ownership succession measures.
Matthew T. Moroun, a director and 10% owner of PAMT Corp (PAMT), reported a private transfer on 09/11/2025 in which he sold 2,000,000 shares of the issuer's common stock at $10.745 per share to the 2020 Lindsay Moroun Trust. The filing shows a simultaneous disposition by the reporting person and an acquisition by the trust, and it notes that the sold shares had been previously distributed to Mr. Moroun by the Moroun Grantor Trust. After the reported transactions, Mr. Moroun is shown as beneficially owning 12,427,848 shares indirectly through multiple trusts. The report is signed by an attorney-in-fact on 09/15/2025.