MOROUN MATTHEW T 4

What Happened
Matthew T. Moroun (reported as a 10% owner) received an award of 1,453 shares of PAMT Corp common stock on May 8, 2026. The shares were granted at a reported price of $10.32 per share, for a total value of $14,995. This was an award/grant (transaction code A) as part of director compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Filing date (Form 4): 2026-05-12 (appears timely under the two-business-day Form 4 rule).
• Shares granted: 1,453 at $10.32 per share; total value $14,995.
• Transaction type/code: Award/Grant (A) — common stock issued as compensation.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes:
  • F1: Grant was part of the annual retainer for non-employee directors.
  • F2/F3: Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest; he also serves as trustee of two trusts (2020 Lindsay Moroun Trust and 2020 Agnes Moroun Trust).

Context
Director awards like this are routine compensation and do not necessarily signal additional personal buying or selling intent. Because Moroun is reported as a 10% owner and also disclaims beneficial ownership except for pecuniary interest (and acts as trustee for two trusts), these shares may reflect structured holdings rather than a personal investment decision.