PAMT CORP (PAMT) director receives 968-share stock grant as annual retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bishop Michael D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 968 | $10.32 | $10K |
Holdings After Transaction:
Common Stock — 5,156 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 968 shares
Grant price: $10.32 per share
Total holdings after grant: 5,156 shares
3 metrics
Shares granted
968 shares
Common Stock grant on May 8, 2026
Grant price
$10.32 per share
Valuation for equity award
Total holdings after grant
5,156 shares
Director’s direct ownership after transaction
Key Terms
Common Stock, annual retainer, non-employee directors, Grant, award, or other acquisition
4 terms
Common Stock financial
"Award of common stock as part of annual retainer for non-employee directors."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
annual retainer financial
"Award of common stock as part of annual retainer for non-employee directors."
non-employee directors financial
"Award of common stock as part of annual retainer for non-employee directors."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did PAMT director Michael D. Bishop report in this Form 4?
Michael D. Bishop reported receiving 968 shares of PAMT CORP Common Stock as a grant. The award is part of his annual retainer for non-employee directors and is treated as equity compensation, not an open-market purchase.
At what price was Michael D. Bishop’s PAMT stock grant valued?
The 968-share grant to Michael D. Bishop was valued at $10.32 per share. This value reflects the share price used for the compensation award and helps quantify the size of his annual retainer in stock form.
Is Michael D. Bishop’s PAMT stock transaction an open-market purchase or a grant?
The transaction is a grant of 968 shares of Common Stock, not an open-market purchase. The Form 4 describes it as a grant or award and footnotes confirm it is part of the annual retainer for non-employee directors.
What is the purpose of the PAMT stock awarded to Michael D. Bishop?
The 968 PAMT CORP shares were awarded as part of Bishop’s annual retainer for non-employee directors. This structure aligns director compensation with shareholder interests by paying a portion of fees in company stock instead of only cash.