Bradley J. Wright - May 13, 2024 Form 4 Insider Report for Proficient Auto Logistics, Inc (PAL)

Role: Chief Financial Officer
Signature: /s/ Bradley J. Wright
Stock symbol: PAL
Transactions as of: May 13, 2024
Transactions value $: $93,975
Form type: 4
Date filed: 5/13/2024, 07:05 PM
Previous filing: May 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAL	Common Stock	Purchase	$60K	+4K		$15.00^*	4K	May 13, 2024	Direct
transaction	PAL	Common Stock	Purchase	$20K	+1.33K		$15.00^*	1.33K	May 13, 2024	See footnote	F1
transaction	PAL	Common Stock	Purchase	$14K	+933		$15.00^*	933	May 13, 2024	See footnote	F2

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	PAL	Restricted Stock Units	Award	$0	+88.3K		$0.00	88.3K	May 13, 2024	Common Stock	88.3K		Direct	F3

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

Explanation of Responses:

Id	Content
F1	This transaction involved a purchase of securities by the Reporting Person through a UTMA account for the benefit of the Reporting Person's grandchildren, for which the Reporting Person serves as custodian. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F2	Represents shares acquired by the Reporting Person's spouse.
F3	Represents restricted stock units that vest in equal installments on each of May 13, 2025, 2026 and 2027. These restricted stock units convert into common stock on a one-to-one basis.