Lux Steven F 4

What Happened

• Steven F. Lux, a director of Proficient Auto Logistics, had 9,481 restricted stock units (RSUs) vest and convert into common shares on May 6, 2026 (reported as an exercise/conversion of a derivative at $0.00). On May 7, 2026 he was granted 10,295 new RSUs (award) that vest at the issuer's 2027 annual meeting. The reported transactions show no cash paid (price reported $0.00).

Key Details

• Transaction dates and codes:
  • 2026-05-06: Exercise/conversion of derivative (code M) — 9,481 shares acquired @ $0.00 (and a corresponding derivative disposition of 9,481 shares @ $0.00)
  • 2026-05-07: Grant/award (code A) — 10,295 RSUs @ $0.00 (acquired)
• Total cash paid/received: $0 reported for these items (RSU vest/conversion and grant).
• Shares owned after the transactions: Not specified in the provided excerpt.
• Footnotes:
  • F1: The 9,481 RSUs were originally granted on August 15, 2025 and vested on May 6, 2026; they convert one-for-one into common stock.
  • F2: The 10,295 RSUs granted on May 7, 2026 vest at the issuer's 2027 annual meeting and convert one-for-one into common stock.
• Filing timeliness: The Form 4 was filed on 2026-05-15 reporting activity on 2026-05-06 — Form 4s are normally due within two business days, so this filing appears later than the typical reporting window.

Context

• These entries involve RSU vesting/conversion and a new RSU grant — not an open-market buy or sale. The conversion/vesting is treated as acquisition of shares from previously granted RSUs; the new grant is an award that vests in the future. Such awards are common compensation actions and do not by themselves indicate a buying or selling decision in the open market.