Wright Bradley J. 4

4 · Proficient Auto Logistics, Inc · Filed May 15, 2026

AI-generated summary of this filing

Updated May 15, 2026

Proficient Auto Logistics (PAL) CFO Bradley J. Wright Converts RSUs, Buys Shares

What Happened

Bradley J. Wright, Chief Financial Officer of Proficient Auto Logistics (PAL), converted 29,444 vested restricted stock units (RSUs) into common shares on May 13, 2026 and those shares were sold the same day. The sale prices ranged roughly $5.15–$5.16, implying proceeds of about $152,000.
On May 15, 2026 Wright made two open-market purchases totaling 3,800 shares (3,132 shares and 668 shares) at an average price of $5.15, costing $19,570. The purchases (a net cash outflow) are more informative of a buying signal than the routine conversion-and-sale of vested RSUs.

Key Details

Transaction dates and prices:
- 2026-05-13: Converted/exercised derivative (RSUs) into 29,444 shares (acquired at $0.00 as conversion) and those shares were disposed the same day; sale prices ranged $5.15–$5.16 (weighted average reported).
- 2026-05-15: Open-market purchases — 3,132 shares @ $5.15 ($16,130) and 668 shares @ $5.15 ($3,440); total $19,570.
Shares owned after the transactions: not specified in the summary provided.
Notable footnotes:
- F1: Sale occurred in multiple trades at $5.15–$5.16; a weighted average price was reported and full breakdown can be provided on request.
- F2: One purchase involved a UTMA custodial account for the reporting person’s grandchildren; the reporting person disclaims beneficial ownership except for pecuniary interest.
- F3: Some reported shares are held by the reporting person’s spouse.
- F4: The converted shares came from a 5/13/2024 grant of 88,333 RSUs that vest in equal installments on May 13 of 2025, 2026 and 2027; these RSUs convert one-for-one into common stock.
Filing timeliness: Reported period is 2026-05-13 and the Form 4 was filed on 2026-05-15 (appears timely based on the report date).

Context

The May 13 activity reflects conversion of vested RSUs and an immediate sale of those shares (a common cash-raising or tax-withholding practice), followed by separate open-market purchases two days later.
The UTMA purchase is custodial for grandchildren and the reporting person disclaims full beneficial ownership — custodial purchases/gifts generally do not indicate executive sentiment the same way direct purchases do.
The purchase on May 15 is a straightforward open-market buy and is the more direct insider buying signal in this filing.

Form 4

Period: 2026-05-13

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2026-05-13+29,444→ 62,888 total
Purchase
Common Stock
[F1]
2026-05-15$5.15/sh+3,132$16,130→ 66,020 total
Purchase
Common Stock
[F1][F2]
2026-05-15$5.15/sh+668$3,440→ 2,002 total(indirect: See footnote)
Exercise/Conversion
Restricted Stock Units
[F4]
2026-05-13−29,444→ 29,445 total
→ Common Stock (29,444 underlying)

Holdings

Footnotes (4)

[F1]This transaction was executed in multiple trades at prices ranging from $5.15 to $5.16, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
[F2]This transaction involved the purchase of securities by the Reporting Person through a UTMA account for the benefit of the Reporting Person's grandchildren, for which the Reporting Person serves as custodian. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
[F3]Represents shares held by the Reporting Person's spouse.
[F4]On May 13, 2024, the Reporting Person was granted 88,333 restricted stock units that vest in equal installments on each of May 13, 2025, 2026 and 2027. These restricted stock units convert into common stock on a one-to-one basis.

Signature

/s/ Bradley J. Wright|2026-05-15

1 file