Ballard Joey 4
4 · COVENANT LOGISTICS GROUP, INC. · Filed Jul 3, 2025
Insider Transaction Report
Form 4
Ballard Joey
EVP, Chief People & Safety Off
Transactions
- Exercise/Conversion
Class A Common Stock
2025-07-01+2,114→ 32,514 total - Tax Payment
Class A Common Stock
2025-07-01$25.23/sh−832$20,991→ 31,682 total - Exercise/Conversion
Restricted Stock Units
2025-07-01−2,114→ 4,228 total→ Class A Common Stock (2,114 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents the previously granted contingent right to receive one share of Class A common stock.
- [F2]Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of RSUs previously granted to the Reporting Person.
- [F3]On December 31, 2024, the Issuer executed a two-for-one stock split, effected in the form of a stock dividend on each share of the Issuer's Class A common stock and Class B common stock.
- [F4]Represents RSUs previously granted under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended. The RSUs vest in three equal annual installments beginning July 1, 2025, subject to certain vesting, forfeiture, and termination provisions.