Proficient Auto Logistics, Inc·4

Mar 17, 4:29 PM ET

Lal Rohit 4

Research Summary

AI-generated summary

Updated

Proficient Auto Logistics (PAL) Director Lal Rohit Buys 10,000 Shares

What Happened
Lal Rohit, a director of Proficient Auto Logistics, acquired 10,000 common shares on 2026-03-16. The reported transaction is coded as a purchase (P) at $6.38 per share, for a total cash outlay of $63,800. This was an outright purchase (buy), which is generally viewed as a more informative signal than routine sales.

Key Details

  • Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely filing).
  • Transaction type/code: P = Purchase (filing notes "open market or private purchase").
  • Price and amount: 10,000 shares at $6.38 per share; total value $63,800.
  • Shares owned after transaction: not specified in the provided filing details.
  • No footnotes, 10b5-1 plan, tax-withholding, or derivative exercise were reported in the supplied summary.

Context

  • Purchases by directors can signal confidence but do not prove future performance; they are one data point among many.
  • This report reflects an outright purchase, not an option exercise, gift, or sale.
  • Filing was timely (submitted the day after the reported trade), so there’s no late-filing flag to note.