PAMT CORP (PAMT) CEO uses 11,354 shares to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STEWART LANCE
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,354 | $12.03 | $137K |
Holdings After Transaction:
Common Stock — 122,552 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PAMT (PAMT) report for Stewart Lance?
PAMT reported a tax-related disposition by President and CEO Stewart Lance. On 02/09/2026, 11,354 common shares were withheld to cover tax obligations from vesting restricted stock awards, leaving him with 122,552 directly held shares afterward.
Was the PAMT (PAMT) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The shares were withheld by PAMT to pay Stewart Lance’s tax obligations upon vesting of restricted stock, classified under code F as a tax-withholding disposition rather than a discretionary sale.
What does transaction code F mean in the PAMT (PAMT) insider filing?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this PAMT filing, it shows 11,354 shares were withheld to satisfy Stewart Lance’s tax obligation tied to vesting restricted stock, not a market purchase or sale.
What role does Stewart Lance hold at PAMT (PAMT) in this filing?
Stewart Lance is identified as both a director and an officer of PAMT, serving as President and CEO. The reported Form 4 transaction reflects changes in his directly held common stock due to tax withholding on restricted stock vesting.