JOEY B. HOGAN - 06 Apr 2022 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: 06 Apr 2022
Transactions value $: -$337,222
Form type: 4
Filing time: 07 Apr 2022, 17:05:44 UTC
Previous filing: 14 Feb 2022
Next filing: 31 Aug 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	-$337K	-17.8K	-8.42%	$18.91	194K	06 Apr 2022	Direct	F1
holding	CVLG	Class A Common Stock						75.7K	06 Apr 2022	Direct	F2
holding	CVLG	Class A Common Stock						55.5K	06 Apr 2022	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 April 6, 2022 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on April 6, 2022. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.