[Form 4] Covenant Logistics Group, Inc. Insider Trading Activity
On July 1, 2025, Covenant Logistics Group, Inc. (CVLG) Executive Vice President & Chief Operating Officer Dustin Koehl reported insider activity on SEC Form 4.
- RSU conversion (Code M): 2,820 restricted stock units were converted into an equal number of Class A common shares.
- Tax withholding (Code F): 687 of those shares were immediately surrendered at $25.23 per share to satisfy statutory tax obligations.
- Net ownership change: Koehl鈥檚 direct holdings rose by 2,133 shares, bringing his direct stake to that amount after the transactions.
- Remaining equity incentives: 5,640 RSUs remain outstanding under the Third Amended & Restated 2006 Omnibus Incentive Plan, vesting in three equal annual installments starting July 1, 2025.
- Capital structure note: All figures reflect the two-for-one stock split effected as a stock dividend on December 31, 2024.
The filing indicates continued equity alignment by a key executive through scheduled incentive-plan vesting rather than discretionary open-market purchases.
Il 1掳 luglio 2025, Dustin Koehl, Vice Presidente Esecutivo e Chief Operating Officer di Covenant Logistics Group, Inc. (CVLG), ha riportato un'attivit脿 insider tramite il modulo SEC Form 4.
- Conversione RSU (Codice M): 2.820 unit脿 di azioni vincolate sono state convertite in un pari numero di azioni ordinarie di Classe A.
- Ritenuta fiscale (Codice F): 687 di queste azioni sono state immediatamente consegnate a 25,23 $ per azione per soddisfare gli obblighi fiscali previsti dalla legge.
- Variazione netta della propriet脿: Le azioni detenute direttamente da Koehl sono aumentate di 2.133, portando la sua partecipazione diretta a tale ammontare dopo le transazioni.
- Incentivi azionari residui: Rimangono in essere 5.640 RSU nell'ambito del Terzo Piano Incentivi Omnibus del 2006, con maturazione in tre rate annuali uguali a partire dal 1掳 luglio 2025.
- Nota sulla struttura del capitale: Tutti i dati riflettono lo split azionario due-per-uno effettuato come dividendo azionario il 31 dicembre 2024.
La comunicazione evidenzia un continuo allineamento azionario da parte di un dirigente chiave, attraverso la maturazione programmata degli incentivi piuttosto che acquisti discrezionali sul mercato aperto.
El 1 de julio de 2025, Dustin Koehl, Vicepresidente Ejecutivo y Director de Operaciones de Covenant Logistics Group, Inc. (CVLG), inform贸 sobre actividad interna mediante el formulario SEC Form 4.
- Conversi贸n de RSU (C贸digo M): 2,820 unidades de acciones restringidas se convirtieron en un n煤mero igual de acciones ordinarias Clase A.
- Retenci贸n fiscal (C贸digo F): 687 de esas acciones se entregaron inmediatamente a $25.23 por acci贸n para cumplir con las obligaciones fiscales legales.
- Cambio neto en la propiedad: Las participaciones directas de Koehl aumentaron en 2,133 acciones, alcanzando ese total tras las transacciones.
- Incentivos de capital restantes: Quedan 5,640 RSU pendientes bajo el Tercer Plan Omnibus de Incentivos Enmendado y Restablecido de 2006, que se otorgar谩n en tres cuotas anuales iguales a partir del 1 de julio de 2025.
- Nota sobre la estructura de capital: Todas las cifras reflejan el split de acciones dos por uno realizado como dividendo en acciones el 31 de diciembre de 2024.
La presentaci贸n indica una continua alineaci贸n de capital por parte de un ejecutivo clave mediante la maduraci贸n programada de incentivos en lugar de compras discrecionales en el mercado abierto.
2025雲� 7鞗� 1鞚�, Covenant Logistics Group, Inc. (CVLG)鞚� 攵�靷灔 瓴� 斓滉碃鞖挫榿毂呾瀯鞛� 雿旍姢韹� 炀�(Dustin Koehl)鞚� SEC Form 4毳� 韱淀暣 雮措秬鞛� 瓯半灅 頇滊彊鞚� 氤搓碃頄堨姷雼堧嫟.
- RSU 鞝勴櫂 (旖旊摐 M): 2,820臧滌潣 鞝滍暅 欤检嫕 雼渼臧� 霃欖澕 靾橃潣 韥措灅鞀� A 氤错喌欤茧 鞝勴櫂霅橃棃鞀惦媹雼�.
- 靹戈笀 鞗愳矞歆曥垬 (旖旊摐 F): 鞚� 欷� 687欤缄皜 欤茧嫻 $25.23鞐� 歃夓嫓 鞝滌稖霅橃柎 氩曥爼 靹戈笀 鞚橂毳� 於╈”頄堨姷雼堧嫟.
- 靾� 靻岇湢甓� 氤�瓴�: 炀办潣 歆侅爲 氤挫湢 欤检嫕鞚� 2,133欤� 歃濌皜頃橃棳 瓯半灅 頉� 歆侅爲 歆�攵勳澊 頃措嫻 靾橃箻臧� 霅橃棃鞀惦媹雼�.
- 雮潃 欤检嫕 鞚胳劶韹半笇: 2006雲� 鞝�3彀� 臧滌爼 膦呿暕 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 5,640 RSU臧� 雮晞 鞛堨溂氅�, 2025雲� 7鞗� 1鞚茧秬韯� 3雲勱皠 毵る厔 霃欖澕頃� 牍勳湪搿� 氩犾姢韺呺惄雼堧嫟.
- 鞛愲掣 甑“ 彀戈碃: 氇摖 靾橃箻電� 2024雲� 12鞗� 31鞚� 欤检嫕 氚半嫻鞙茧 鞁滍枆霅� 2雽�1 欤检嫕 攵勴暊鞚� 氚橃榿頃� 瓴冹瀰雼堧嫟.
鞚� 氤搓碃靹滊姅 欤检殧 鞛勳洂鞚� 鞛勳潣鞚� 瓿店皽 鞁滌灔 毵れ垬臧� 鞎勲媽 鞓堨爼霅� 鞚胳劶韹半笇 瓿勴殟 氩犾姢韺呾潉 韱淀暣 歆�靻嶌爜鞙茧 欤检嫕 氤挫湢毳� 毵烄稊瓿� 鞛堨潓鞚� 氤挫棳欷嶋媹雼�.
Le 1er juillet 2025, Dustin Koehl, Vice-Pr茅sident Ex茅cutif et Directeur des Op茅rations de Covenant Logistics Group, Inc. (CVLG), a d茅clar茅 une activit茅 d鈥檌niti茅 via le formulaire SEC Form 4.
- Conversion de RSU (Code M) : 2 820 unit茅s d鈥檃ctions restreintes ont 茅t茅 converties en un nombre 茅gal d鈥檃ctions ordinaires de Classe A.
- Retenue fiscale (Code F) : 687 de ces actions ont 茅t茅 imm茅diatement remises 脿 25,23 $ par action pour satisfaire aux obligations fiscales l茅gales.
- Changement net de propri茅t茅 : Les participations directes de Koehl ont augment茅 de 2 133 actions, portant sa participation directe 脿 ce nombre apr猫s les transactions.
- Incentives en actions restantes : 5 640 RSU restent en circulation dans le cadre du Troisi猫me Plan Omnibus d鈥橧ncentives modifi茅 et r茅vis茅 de 2006, avec un vesting en trois versements annuels 茅gaux 脿 partir du 1er juillet 2025.
- Note sur la structure du capital : Tous les chiffres tiennent compte du split d鈥檃ctions deux pour un r茅alis茅 sous forme de dividende en actions le 31 d茅cembre 2024.
Le d茅p么t indique un alignement continu des int茅r锚ts en actions par un cadre cl茅 via le vesting programm茅 des plans d鈥檌ncitation plut么t que par des achats discr茅tionnaires sur le march茅 libre.
Am 1. Juli 2025 meldete Dustin Koehl, Executive Vice President und Chief Operating Officer von Covenant Logistics Group, Inc. (CVLG), Insider-Aktivit盲ten mittels SEC Formular 4.
- RSU-Umwandlung (Code M): 2.820 Restricted Stock Units wurden in die gleiche Anzahl von Stammaktien der Klasse A umgewandelt.
- Steuerabzug (Code F): 687 dieser Aktien wurden sofort zu je 25,23 $ abgegeben, um gesetzliche Steuerverpflichtungen zu erf眉llen.
- 狈别迟迟辞-叠别蝉颈迟锄盲苍诲别谤耻苍驳: Koehls direkte Beteiligung stieg um 2.133 Aktien und betr盲gt nach den Transaktionen diesen Wert.
- Verbleibende Aktienanreize: 5.640 RSUs sind noch ausstehend im Rahmen des Dritten ge盲nderten und neu gefassten Omnibus-Anreizplans von 2006, mit dreij盲hriger j盲hrlicher Vesting-Rate ab dem 1. Juli 2025.
- Hinweis zur Kapitalstruktur: Alle Zahlen ber眉cksichtigen den Aktien-Split zwei-zu-eins, der am 31. Dezember 2024 als Aktiendividende durchgef眉hrt wurde.
Die Meldung zeigt eine fortgesetzte Aktienausrichtung eines wichtigen F眉hrungskr盲fte durch planm盲脽iges Vesting von Anreizpl盲nen statt durch diskretion盲re K盲ufe am offenen Markt.
- Executive ownership increase: Dustin Koehl鈥檚 direct holdings rose by 2,133 shares, signalling continued equity alignment.
- Substantial unvested RSUs: 5,640 remaining RSUs provide multi-year incentive alignment with shareholder value.
- No open-market buying: Shares were acquired through automatic RSU vesting rather than discretionary purchases, limiting strength of the bullish signal.
- Tax-driven share disposal: 687 shares were surrendered to cover withholding taxes, partially offsetting the gross acquisition.
Insights
TL;DR: Scheduled RSU vesting adds 2,133 net shares to EVP/COO鈥檚 stake; routine, modestly positive signal, limited market impact.
The transaction stems from the standard vesting of equity awards rather than opportunistic buying or selling. While the net increase in direct ownership (+2,133 shares) modestly aligns management interests with shareholders, the simultaneous tax-withholding disposition shows no incremental cash outlay by the executive. The remaining 5,640 RSUs provide future incentive alignment through 2027. Given the small absolute share count relative to CVLG鈥檚 13 million-plus share float, the event is not materially impactful to valuation or liquidity but is a routine, mildly positive governance datapoint.
Il 1掳 luglio 2025, Dustin Koehl, Vice Presidente Esecutivo e Chief Operating Officer di Covenant Logistics Group, Inc. (CVLG), ha riportato un'attivit脿 insider tramite il modulo SEC Form 4.
- Conversione RSU (Codice M): 2.820 unit脿 di azioni vincolate sono state convertite in un pari numero di azioni ordinarie di Classe A.
- Ritenuta fiscale (Codice F): 687 di queste azioni sono state immediatamente consegnate a 25,23 $ per azione per soddisfare gli obblighi fiscali previsti dalla legge.
- Variazione netta della propriet脿: Le azioni detenute direttamente da Koehl sono aumentate di 2.133, portando la sua partecipazione diretta a tale ammontare dopo le transazioni.
- Incentivi azionari residui: Rimangono in essere 5.640 RSU nell'ambito del Terzo Piano Incentivi Omnibus del 2006, con maturazione in tre rate annuali uguali a partire dal 1掳 luglio 2025.
- Nota sulla struttura del capitale: Tutti i dati riflettono lo split azionario due-per-uno effettuato come dividendo azionario il 31 dicembre 2024.
La comunicazione evidenzia un continuo allineamento azionario da parte di un dirigente chiave, attraverso la maturazione programmata degli incentivi piuttosto che acquisti discrezionali sul mercato aperto.
El 1 de julio de 2025, Dustin Koehl, Vicepresidente Ejecutivo y Director de Operaciones de Covenant Logistics Group, Inc. (CVLG), inform贸 sobre actividad interna mediante el formulario SEC Form 4.
- Conversi贸n de RSU (C贸digo M): 2,820 unidades de acciones restringidas se convirtieron en un n煤mero igual de acciones ordinarias Clase A.
- Retenci贸n fiscal (C贸digo F): 687 de esas acciones se entregaron inmediatamente a $25.23 por acci贸n para cumplir con las obligaciones fiscales legales.
- Cambio neto en la propiedad: Las participaciones directas de Koehl aumentaron en 2,133 acciones, alcanzando ese total tras las transacciones.
- Incentivos de capital restantes: Quedan 5,640 RSU pendientes bajo el Tercer Plan Omnibus de Incentivos Enmendado y Restablecido de 2006, que se otorgar谩n en tres cuotas anuales iguales a partir del 1 de julio de 2025.
- Nota sobre la estructura de capital: Todas las cifras reflejan el split de acciones dos por uno realizado como dividendo en acciones el 31 de diciembre de 2024.
La presentaci贸n indica una continua alineaci贸n de capital por parte de un ejecutivo clave mediante la maduraci贸n programada de incentivos en lugar de compras discrecionales en el mercado abierto.
2025雲� 7鞗� 1鞚�, Covenant Logistics Group, Inc. (CVLG)鞚� 攵�靷灔 瓴� 斓滉碃鞖挫榿毂呾瀯鞛� 雿旍姢韹� 炀�(Dustin Koehl)鞚� SEC Form 4毳� 韱淀暣 雮措秬鞛� 瓯半灅 頇滊彊鞚� 氤搓碃頄堨姷雼堧嫟.
- RSU 鞝勴櫂 (旖旊摐 M): 2,820臧滌潣 鞝滍暅 欤检嫕 雼渼臧� 霃欖澕 靾橃潣 韥措灅鞀� A 氤错喌欤茧 鞝勴櫂霅橃棃鞀惦媹雼�.
- 靹戈笀 鞗愳矞歆曥垬 (旖旊摐 F): 鞚� 欷� 687欤缄皜 欤茧嫻 $25.23鞐� 歃夓嫓 鞝滌稖霅橃柎 氩曥爼 靹戈笀 鞚橂毳� 於╈”頄堨姷雼堧嫟.
- 靾� 靻岇湢甓� 氤�瓴�: 炀办潣 歆侅爲 氤挫湢 欤检嫕鞚� 2,133欤� 歃濌皜頃橃棳 瓯半灅 頉� 歆侅爲 歆�攵勳澊 頃措嫻 靾橃箻臧� 霅橃棃鞀惦媹雼�.
- 雮潃 欤检嫕 鞚胳劶韹半笇: 2006雲� 鞝�3彀� 臧滌爼 膦呿暕 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 5,640 RSU臧� 雮晞 鞛堨溂氅�, 2025雲� 7鞗� 1鞚茧秬韯� 3雲勱皠 毵る厔 霃欖澕頃� 牍勳湪搿� 氩犾姢韺呺惄雼堧嫟.
- 鞛愲掣 甑“ 彀戈碃: 氇摖 靾橃箻電� 2024雲� 12鞗� 31鞚� 欤检嫕 氚半嫻鞙茧 鞁滍枆霅� 2雽�1 欤检嫕 攵勴暊鞚� 氚橃榿頃� 瓴冹瀰雼堧嫟.
鞚� 氤搓碃靹滊姅 欤检殧 鞛勳洂鞚� 鞛勳潣鞚� 瓿店皽 鞁滌灔 毵れ垬臧� 鞎勲媽 鞓堨爼霅� 鞚胳劶韹半笇 瓿勴殟 氩犾姢韺呾潉 韱淀暣 歆�靻嶌爜鞙茧 欤检嫕 氤挫湢毳� 毵烄稊瓿� 鞛堨潓鞚� 氤挫棳欷嶋媹雼�.
Le 1er juillet 2025, Dustin Koehl, Vice-Pr茅sident Ex茅cutif et Directeur des Op茅rations de Covenant Logistics Group, Inc. (CVLG), a d茅clar茅 une activit茅 d鈥檌niti茅 via le formulaire SEC Form 4.
- Conversion de RSU (Code M) : 2 820 unit茅s d鈥檃ctions restreintes ont 茅t茅 converties en un nombre 茅gal d鈥檃ctions ordinaires de Classe A.
- Retenue fiscale (Code F) : 687 de ces actions ont 茅t茅 imm茅diatement remises 脿 25,23 $ par action pour satisfaire aux obligations fiscales l茅gales.
- Changement net de propri茅t茅 : Les participations directes de Koehl ont augment茅 de 2 133 actions, portant sa participation directe 脿 ce nombre apr猫s les transactions.
- Incentives en actions restantes : 5 640 RSU restent en circulation dans le cadre du Troisi猫me Plan Omnibus d鈥橧ncentives modifi茅 et r茅vis茅 de 2006, avec un vesting en trois versements annuels 茅gaux 脿 partir du 1er juillet 2025.
- Note sur la structure du capital : Tous les chiffres tiennent compte du split d鈥檃ctions deux pour un r茅alis茅 sous forme de dividende en actions le 31 d茅cembre 2024.
Le d茅p么t indique un alignement continu des int茅r锚ts en actions par un cadre cl茅 via le vesting programm茅 des plans d鈥檌ncitation plut么t que par des achats discr茅tionnaires sur le march茅 libre.
Am 1. Juli 2025 meldete Dustin Koehl, Executive Vice President und Chief Operating Officer von Covenant Logistics Group, Inc. (CVLG), Insider-Aktivit盲ten mittels SEC Formular 4.
- RSU-Umwandlung (Code M): 2.820 Restricted Stock Units wurden in die gleiche Anzahl von Stammaktien der Klasse A umgewandelt.
- Steuerabzug (Code F): 687 dieser Aktien wurden sofort zu je 25,23 $ abgegeben, um gesetzliche Steuerverpflichtungen zu erf眉llen.
- 狈别迟迟辞-叠别蝉颈迟锄盲苍诲别谤耻苍驳: Koehls direkte Beteiligung stieg um 2.133 Aktien und betr盲gt nach den Transaktionen diesen Wert.
- Verbleibende Aktienanreize: 5.640 RSUs sind noch ausstehend im Rahmen des Dritten ge盲nderten und neu gefassten Omnibus-Anreizplans von 2006, mit dreij盲hriger j盲hrlicher Vesting-Rate ab dem 1. Juli 2025.
- Hinweis zur Kapitalstruktur: Alle Zahlen ber眉cksichtigen den Aktien-Split zwei-zu-eins, der am 31. Dezember 2024 als Aktiendividende durchgef眉hrt wurde.
Die Meldung zeigt eine fortgesetzte Aktienausrichtung eines wichtigen F眉hrungskr盲fte durch planm盲脽iges Vesting von Anreizpl盲nen statt durch diskretion盲re K盲ufe am offenen Markt.
FAQ
How many CVLG shares did EVP & COO Dustin Koehl acquire on July 1, 2025?
What price was used for the shares surrendered to satisfy taxes?
How many restricted stock units does Koehl still hold after the transaction?
Did the insider purchase CVLG shares on the open market?
Why do the share counts reflect higher numbers than previous filings?
