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 director and 10% owner Matthew T. Moroun reported an indirect acquisition of 1,453 shares of common stock. The shares, valued at $10.32 each, were awarded as part of the annual retainer for non-employee directors and credited to an account held by his son, bringing that indirect holding to 6,011 shares.
The filing also lists indirect holdings held through family trusts: 306,048 shares by the 2020 Agnes Moroun Trust, 12,427,848 shares by the 2020 Lindsay Moroun Trust, and 3,268,000 shares by the Moroun Grantor Trust. Moroun serves as trustee and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
Moroun Matthew J. reported acquisition or exercise transactions in this Form 4 filing.
PAMT CORP director Matthew J. Moroun received a grant of 1,453 shares of Common Stock on May 8, 2026. The shares were awarded at $10.32 per share as part of his annual retainer for serving as a non-employee director. Following this compensation award, he directly holds 6,011 shares of PAMT CORP common stock. This is a routine, non-market transaction reflecting equity-based board compensation rather than an open-market purchase.
MCLARTY FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.
PAMT CORP director Franklin McLarty received an equity award of 484 shares of common stock, valued at $10.32 per share, as part of his annual retainer for serving as a non-employee director. Following this grant, he directly holds a total of 9,446 PAMT common shares.
Bishop Michael D. reported acquisition or exercise transactions in this Form 4 filing.
PAMT CORP director Michael D. Bishop received a grant of 968 shares of Common Stock as part of his annual retainer for non-employee directors. The shares were valued at $10.32 per share on the grant date. Following this award, Bishop directly holds a total of 5,156 PAMT CORP common shares. This is a compensation-related equity award rather than an open-market purchase, so it mainly reflects standard board compensation rather than a discretionary buy in the market.
PAMT CORP reported essentially break-even results for the quarter ended March 31, 2026, with a net loss of $8,000 on revenue of $141.9 million, down from $155.3 million a year earlier. Core truckload revenue before fuel surcharges fell to $78.3 million from $92.4 million as rates per mile and the average number of manned trucks declined, though miles per truck improved. Brokerage and logistics revenue held roughly flat at $44.4 million.
Profitability was helped by a $12.7 million gain on the sale of a Laredo, Texas property to a related party and $5.6 million of realized gains on marketable equity securities, partly offset by higher interest expense and increased insurance and claims costs. The company had $40.5 million of cash and $40.8 million of marketable equity securities, long-term debt of $320.7 million, and access to a $60 million revolving credit facility with no borrowings outstanding. A previously recorded $26.5 million legal settlement related to a 2024 accident remained fully reserved, with $25.0 million still payable over 2026–2027.
PAMT Corp held its Annual Meeting of Shareholders on April 30, 2026. Shareholders elected nine directors to serve until the next annual meeting, with each nominee receiving more votes in favor than withheld.
Investors also approved the company’s 2025 executive compensation in a non-binding advisory vote. This resolution received 19,146,400 votes for, 247,974 against, 104,869 abstentions and 682,515 broker non-votes. In addition, shareholders ratified Grant Thornton LLP as PAMT Corp’s independent registered public accounting firm for calendar year 2026, with 20,081,339 votes for, 91,512 against and 8,907 abstentions.
PAMT CORP reported a near break-even consolidated net loss of $0.01 million, or $0.00 diluted loss per share, for the quarter ended March 31, 2026. Results include a one-time $12.7 million gain on the sale of Laredo, Texas real property, producing about $9.7 million net after tax.
Compared with a $8.1 million net loss a year earlier, consolidated operating revenue declined 8.7% to $141.9 million from $155.3 million. As of March 31, 2026, the company held $141.1 million in cash, marketable equity securities and available credit, $210.4 million of stockholders’ equity, and $320.7 million of outstanding debt, having used $2.7 million in operating cash flow during the quarter.
The company plans to more actively repurchase shares in the second quarter of 2026 under its existing stock repurchase authorization. The program permits multiple transaction types and had 472,845 shares remaining available for repurchase as of March 31, 2026.
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.