STOCK TITAN

PAMT CORP (PAMT) director reports share award and large family trust holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Insider MOROUN MATTHEW T
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,453 $10.32 $15K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 6,011 shares (Indirect, By Son)
Footnotes (1)
  1. Award of common stock as part of annual retainer for non-employee directors. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares. The reporting person serves as trustee of the 2020 Lindsay Moroun Trust and the 2020 Agnes Moroun Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares.
Equity award shares 1,453 shares Common stock grant as annual retainer for non-employee directors
Award price per share $10.32 per share Value of common stock awarded to account held by son
Indirect holding by son after award 6,011 shares Total common shares indirectly held via son’s account after grant
2020 Agnes Moroun Trust holding 306,048 shares Indirect PAMT common stock held by 2020 Agnes Moroun Trust
2020 Lindsay Moroun Trust holding 12,427,848 shares Indirect PAMT common stock held by 2020 Lindsay Moroun Trust
Moroun Grantor Trust holding 3,268,000 shares Indirect PAMT common stock held by Moroun Grantor Trust
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
annual retainer for non-employee directors financial
"Award of common stock as part of annual retainer for non-employee directors."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
trustee financial
"The reporting person serves as trustee of the 2020 Lindsay Moroun Trust and the 2020 Agnes Moroun Trust."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
SEC Form 4
FORM 4UNITED 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*
MOROUN MATTHEW T

(Last)(First)(Middle)
12225 STEPHENS ROAD

(Street)
WARREN MICHIGAN 48089

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PAMT CORP [ PAMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/08/2026A(1)1,453A$10.32(1)6,011(2)IBy Son
Common Stock3,268,000IBy Moroun Grantor Trust
Common Stock12,427,848(3)IBy 2020 Lindsay Moroun Trust
Common Stock306,048(3)IBy 2020 Agnes Moroun Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Award of common stock as part of annual retainer for non-employee directors.
2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares.
3. The reporting person serves as trustee of the 2020 Lindsay Moroun Trust and the 2020 Agnes Moroun Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares.
/s/ Courtney C. Crouch, III as Attorney-in-Fact for Matthew T. Moroun05/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Matthew T. Moroun report for PAMT?

Matthew T. Moroun reported an indirect acquisition of 1,453 PAMT CORP common shares. The shares were awarded at $10.32 each as part of the annual retainer for non-employee directors and credited to an account held by his son, raising that holding to 6,011 shares.

How many PAMT shares does Matthew T. Moroun’s son hold after the award?

After the award, an account held by Matthew T. Moroun’s son holds 6,011 PAMT CORP shares indirectly. This reflects the 1,453-share grant at $10.32 per share that was awarded as part of the non-employee director annual retainer program.

What PAMT share holdings are reported for the Moroun family trusts?

The filing lists 306,048 PAMT CORP shares held by the 2020 Agnes Moroun Trust and 12,427,848 shares held by the 2020 Lindsay Moroun Trust. It also reports 3,268,000 shares held by the Moroun Grantor Trust, all shown as indirect holdings associated with Matthew T. Moroun.

Does Matthew T. Moroun claim full beneficial ownership of the PAMT trust shares?

No, Matthew T. Moroun disclaims beneficial ownership of the trust-held PAMT shares except to his pecuniary interest. As trustee of the 2020 Lindsay Moroun Trust and 2020 Agnes Moroun Trust, he files the holdings but states the report does not admit beneficial ownership beyond that interest.

Is the reported PAMT share acquisition by Matthew T. Moroun a market purchase?

No, the reported 1,453-share PAMT CORP acquisition is an equity award, not a market purchase. It was granted as part of the annual retainer for non-employee directors and recorded as an indirect holding through an account held by his son.