Paul Bunn - Dec 31, 2023 Form 4 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Role
President, COO, and Secretary
Signature
/s/ Paul Bunn, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
CVLG
Transactions as of
Dec 31, 2023
Transactions value $
-$212,244
Form type
4
Date filed
1/3/2024, 04:44 PM
Previous filing
May 19, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLG Class A Common Stock Tax liability -$212K -4.61K -4.34% $46.04 102K Dec 31, 2023 Direct F1
holding CVLG Class A Common Stock 2.52K Dec 31, 2023 By Spouse
holding CVLG Class A Common Stock 20.6K Dec 31, 2023 401(k) F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares deemed withheld to satisfy tax withholding obligations upon vesting of restricted stock granted to the Reporting Person.
F2 The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's December 28, 2023 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on December 28, 2023. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.