ALUTTO CHARLES A 4

What Happened

• Charles A. Alutto, a director of Proficient Auto Logistics, had 9,135 restricted stock units (RSUs) vest and convert into 9,135 common shares on May 6, 2026 (reported as a derivative exercise/conversion, code M). Those shares were recorded at $0.00 per share (no cash paid). On May 7, 2026 he was granted 10,295 RSUs (code A) that vest at the issuer’s 2027 annual meeting; these also convert one-for-one into common stock and carry no immediate cash value to him.
• The filing shows the transactions at $0 per share; this is a compensation/vesting event rather than an open‑market buy or sell.

Key Details

• Transaction dates: May 6, 2026 (9,135 RSUs vested/converted); May 7, 2026 (10,295 RSU grant).
• Reported prices/values: $0.00 per share; total reported cash value $0 (these are equity awards/vesting events).
• Transaction codes: M = exercise/conversion of derivative (RSU vesting → common shares); A = award/grant of RSUs.
• Footnotes: F1 confirms the 9,135 RSUs were granted May 13, 2025 and vested May 6, 2026 (convert 1:1). F2 notes the 10,295 RSUs vest on the date of the 2027 annual meeting (convert 1:1).
• Shares owned after transaction: not specified in the provided excerpt of the Form 4.
• Filing timeliness: Form filed May 15, 2026 for a May 6 transaction (the filing appears later than the typical 2‑business‑day Form 4 deadline).

Context

• These entries reflect RSU vesting and a new RSU grant (compensation), not an open‑market purchase or sale. The separate "disposed" derivative entry in the filing reflects conversion/settlement of the RSU instrument into common stock, not a sale of common shares on the market. Such compensation-driven conversions are routine and do not, by themselves, signal an insider buying or selling shares in the market.