HOGAN JOEY B 4
Research Summary
AI-generated summary
Covenant Logistics (CVLG) Director Joey B. Hogan Gifts 5,505 Shares
What Happened
Joey B. Hogan, a director of Covenant Logistics Group, Inc. (CVLG), reported a gift (transaction code G) of 5,505 company shares on February 4, 2026. The reported price per share is $0.00 (total value $0), indicating a non‑sale transfer. Footnotes to the filing indicate this reflects a change in the form of beneficial ownership involving shares held jointly with his wife.
Key Details
- Transaction date: 2026-02-04; Form 4 filed: 2026-02-06.
- Transaction type/code: Gift (G); 5,505 shares disposed; reported price $0.00 (total $0).
- Post-transaction ownership: filing notes shares are held jointly with his wife (Melinda J. Hogan); exact post-transaction total not specified in the excerpt.
- Footnotes: F1 — amounts updated to reflect change from solely owned to jointly held shares; F2 — shares owned jointly by Mr. Hogan and his wife as joint tenants.
- Timeliness: The Form 4 was filed two days after the transaction date, which is within the typical two-business-day reporting window.
Context
Gifts are disposals for reporting purposes but do not necessarily signal the insider's view of the company’s prospects (they can reflect estate planning, family transfers, or other personal reasons). For retail investors, purchases generally carry more direct information about insider sentiment than gifts or other non-market transfers.