Samuel F. Hough - Feb 28, 2024 Form 4 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Role: EVP - Expedited
Signature: /s/ Samuel F. Hough, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol: CVLG
Transactions as of: Feb 28, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/1/2024, 04:23 PM
Previous filing: Feb 23, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVLG	Employee Stock Option (Right to Buy)	Award	$0	+45.1K		$0.00	45.1K	Feb 28, 2024	Class A Common Stock	45.1K	$15.77	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 11, 2020, the reporting person was granted an option to purchase 45,072 shares of Class A common stock, subject to vesting based on the issuer's satisfaction of certain performance criteria for the year ended and the three-year period ended December 31, 2023. On February 28, 2024, the Compensation Committee of the issuer certified that the performance criteria were met.