Joey B. Hogan - Aug 29, 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
Stock symbol
CVLG
Transactions as of
Aug 29, 2022
Transactions value $
-$525,980
Form type
4
Date filed
8/31/2022, 05:53 PM
Previous filing
Apr 7, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLG Class A Common Stock Gift $0 -1.56K -1.45% $0.00 106K Jul 26, 2022 Direct F1, F2
transaction CVLG Class A Common Stock Gift $0 -7.8K -7.33% $0.00 98.5K Jul 27, 2022 Direct F2
transaction CVLG Class A Common Stock Sale -$143K -4.89K -4.96% $29.30 93.7K Aug 29, 2022 Direct F2, F3, F4
transaction CVLG Class A Common Stock Sale -$3.01K -100 -0.11% $30.12 93.6K Aug 29, 2022 Direct F2, F3
transaction CVLG Class A Common Stock Sale -$249K -8.61K -9.2% $28.94 84.9K Aug 30, 2022 Direct F2, F3, F5
transaction CVLG Class A Common Stock Sale -$131K -4.6K -5.41% $28.39 80.4K Aug 31, 2022 Direct F2, F3, F6
holding CVLG Class A Common Stock 162K Aug 29, 2022 Direct F1
holding CVLG Class A Common Stock 54.6K Aug 29, 2022 401(k) F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share amount updated to reflect change in form of beneficial ownership between directly owned shares and shares held jointly with spouse as joint tenants.
F2 Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.
F3 The shares were sold pursuant to a Rule 10b5-1 trading plan by the reporting person.
F4 The price reflects a weighted average sale price for multiple transactions ranging from $29.015 to $29.98, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.
F5 The price reflects a weighted average sale price for multiple transactions ranging from $28.25 to $29.15, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.
F6 The price reflects a weighted average sale price for multiple transactions ranging from $28.20 to $29.00, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.
F7 The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's August 29, 2022 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on August 29, 2022. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.