Paul Bunn - Apr 11, 2024 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: Apr 11, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/15/2024, 05:08 PM
Previous filing: Mar 1, 2024
Next filing: Jun 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVLG	Class A Common Stock	Disposed to Issuer	$0	-12K	-12.07%	$0.00	87.6K	Apr 11, 2024	Direct	F1
holding	CVLG	Class A Common Stock						2.52K	Apr 11, 2024	By Spouse
holding	CVLG	Class A Common Stock						20.6K	Apr 11, 2024	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 forfeiture of restricted stock originally granted under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date.
F2	The number of shares beneficially owned following the reported transaction is equal to the reporting person's April 11, 2024 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on April 11, 2024. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.