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
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	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

Showing 1 to 8 of 8 entries

* 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.