Joey B. Hogan - Oct 27, 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
Oct 27, 2022
Transactions value $
-$1,928,521
Form type
4
Date filed
10/31/2022, 04:17 PM
Previous filing
Oct 26, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLG Class A Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$1.93M -54.5K -100% $35.40 0 Oct 27, 2022 401(k) F1
holding CVLG Class A Common Stock 25K Oct 27, 2022 Direct F2
holding CVLG Class A Common Stock 162K Oct 27, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price and share amounts reflect the intra-plan transfer of $1,928,538.25 out of the employer stock fund under the issuer's 401(k) plan, divided by the closing price on the date of the transaction. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.
F2 Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.