PAMT CORP director receives equity award in shares
PAMT CORP director and 10% owner Matthew T. Moroun reported an indirect acquisition of 1,453 shares of common stock.
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.
Insider Trade Summary
Grant/Award: 1,453 shares
Grant/Award
4 txns
Insider
MOROUN MATTHEW T
Role
Director, 10% Owner
| 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);
Common Stock — 3,268,000 shares (Indirect, By Moroun Grantor Trust);
Common Stock — 12,427,848 shares (Indirect, By 2020 Lindsay Moroun Trust);
Common Stock — 306,048 shares (Indirect, By 2020 Agnes Moroun Trust)
Footnotes (3)
- F1. Award of common stock as part of annual retainer for non-employee directors.
- F2. 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.
- F3. 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.
Key Figures
Equity award shares: 1,453 shares
Award price per share: $10.32 per share
Indirect holding by son after award: 6,011 shares
+3 more
6 metrics
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
Key Terms
Grant, award, or other acquisition, annual retainer for non-employee directors, beneficial ownership, pecuniary interest, +1 more
5 terms
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
