4Filed Aug 13, 8:00 PM ET
Proficient Auto Logistics (PAL) President Amy Rice Buys 995 Shares
$PAL · Proficient Auto Logistics, IncResearch Summary
AI-generated summary of this SEC filing
Proficient Auto Logistics (PAL) President Amy Rice Buys 995 Shares
What Happened
Amy F. Rice, President and COO of Proficient Auto Logistics, reported purchasing 995 shares on 2026-08-13 at $5.55 per share, for a total reported transaction value of $5,522. The Form 4 classifies the transaction as a purchase (code P) — an acquisition rather than a sale.
Key Details
- Transaction date: 2026-08-13; Filing date: 2026-08-14 (filed next day, not marked late).
- Price per share: $5.55; Shares acquired: 995; Total reported value: $5,522.
- Transaction type per filing: "open market or private purchase (P)" — Form 4 does not specify a 10b5-1 plan.
- Shares owned after the transaction: not specified in the provided filing.
- No footnotes (e.g., tax withholding, gift, or exercise) were disclosed in the provided details.
Context
Insider purchases can be informative because they represent executives putting personal capital into the company, but filings do not state motive. This was a small open-market buy (about $5.5K) by the company’s President/COO; retail investors should view it as a factual data point rather than definitive guidance to buy or sell.