Lal Rohit 4

What Happened Lal Rohit, a director of Proficient Auto Logistics, received an award of 1,903 restricted stock units (RSUs) on February 26, 2026. The grant was reported as an acquisition at $0.00 (no cash paid); the RSUs are derivative awards that convert into one common share each upon vesting. This was a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (reported via accession 0001213900-26-022323).
• Award: 1,903 restricted stock units; reported price: $0.00 (no cash exchanged).
• Derivative treatment: RSUs convert into common stock on a one-for-one basis (see footnote).
• Vesting: These RSUs vest on the date of the issuer's 2026 annual meeting of stockholders.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form 4 was filed on 2026-03-02 for the 2026-02-26 grant; the filing does not indicate a late report.

Context RSU grants are a common form of equity compensation and only become actual shares if vesting conditions are met. Because this was an award (not a purchase or sale), it should be interpreted as compensation-related rather than a direct insider buy or sell signal.