Matthew T. Moroun - May 8, 2023 Form 4 Insider Report for PAM TRANSPORTATION SERVICES INC (PTSI)

Role: Director, 10%+ Owner
Signature: /s/ Courtney C. Crouch, III as Attorney-in-fact for Matthew T. Moroun
Stock symbol: PTSI
Transactions as of: May 8, 2023
Transactions value $: $29,985
Form type: 4
Date filed: 5/10/2023, 08:07 PM
Previous filing: May 10, 2022
Next filing: Sep 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTSI	Common Stock	Award	$15K	+626	+0.01%	$23.95	6.35M	May 8, 2023	Direct	F1, F2
transaction	PTSI	Common Stock	Award	$15K	+626	+29.44%	$23.95	2.75K	May 8, 2023	By Son	F1, F3
holding	PTSI	Common Stock						9.27M	May 8, 2023	By Moroun Grantor Trust	F2
holding	PTSI	Common Stock						306K	May 8, 2023	By 2020 Agnes Anne Moroun Trust	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of common stock as part of annual retainer for non-employee directors.
F2	Reflects distributions of an aggregate of 2,700,000 shares to the reporting person that were reported as indirectly beneficially owned in trust in the reporting person's prior reports.
F3	The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares.
F4	The reporting person serves as trustee of the 2020 Agnes Anne Moroun Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares.