Joey B. Hogan - 31 Dec 2021 Form 4 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Role: President
Signature: /s/ Joey B. Hogan, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Issuer symbol: CVLG
Transactions as of: 31 Dec 2021
Net transactions value: -$58,727
Form type: 4
Filing time: 04 Jan 2022, 16:08:36 UTC
Previous filing: 09 Sep 2021
Next filing: 07 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVLG	Class A Common Stock	Tax liability	$58,727	-2,222	-0.89%	$26.43	248,741	31 Dec 2021	Direct	F1
holding	CVLG	Class A Common Stock						48,887	31 Dec 2021	Direct	F2
holding	CVLG	Class A Common Stock						54,856	31 Dec 2021	401(k)	F3

* 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	Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.
F3	The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's December 31, 2021 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on December 31, 2021. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.