David R. Parker - Dec 31, 2022 Form 5 Insider Report for COVENANT LOGISTICS GROUP, INC. (CVLG)

Signature
/s/ David R. Parker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
Stock symbol
CVLG
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/14/2023, 03:34 PM
Previous filing
Feb 14, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLG Class A Common Stock Gift $0 +20.8K +6.75% $0.00 328K May 5, 2022 Direct F1
transaction CVLG Class A Common Stock Gift $0 +32.6K +9.92% $0.00 361K Oct 6, 2022 Direct F1
holding CVLG Class A Common Stock 1.22M Dec 31, 2022 Direct F2
holding CVLG Class A Common Stock 38.4K Dec 31, 2022 401(k) F3
holding CVLG Class B Common Stock 2.35M Dec 31, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an annuity distribution made by a grantor retained annuity trust with an independent trustee to Mr. Parker.
F2 Shares owned jointly by Mr. and Mrs. Parker, as joint tenants with rights of survivorship.
F3 The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's February 9, 2023 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on February 9, 2023. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.