STOCK TITAN

PAMT CORP (PAMT) CEO uses 11,354 shares to cover tax on vesting

Filing Impact
(High)
Filing Sentiment
(Neutral)
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

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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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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
STEWART LANCE

(Last) (First) (Middle)
C/O PAMT CORP
POST OFFICE BOX 188

(Street)
TONTITOWN AR 72770

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PAMT CORP [ PAMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/09/2026 F 11,354(1) D $12.03 122,552 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the issuer to satisfy the reporting person's tax obligation in connection with the vesting of a portion of three previously reported awards of restricted stock.
/s/ Courtney C. Crouch, III, Pursuant to a Power of Attorney 02/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many PAMT (PAMT) shares were used to cover taxes for Stewart Lance?

A total of 11,354 PAMT common shares were used to cover taxes. These shares were withheld by the issuer on 02/09/2026 in connection with the vesting of portions of three previously reported restricted stock awards.

What is Stewart Lance’s PAMT (PAMT) shareholding after the reported transaction?

Following the tax-withholding disposition, Stewart Lance directly beneficially owns 122,552 PAMT common shares. This figure reflects his holdings after 11,354 shares were withheld by the company to satisfy his related tax obligation.

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.