X0306 4 2022-05-18 0 0000928658 COVENANT LOGISTICS GROUP, INC. CVLG 0001214968 KRAMER D MICHAEL 1 UNION SQUARE SUITE 600 CHATTANOOGA TN 37402 1 0 0 0 Class A Common Stock 2022-05-18 4 A 0 3782 0 A 12556 D Class A Common Stock 150 I As UTMA custodian Class A Common Stock 150 I As UTMA custodian Share award represents annual equity compensation in the form of a grant of restricted stock equal to $75,000, divided by the closing price on the date of the Company's 2022 annual meeting of stockholders. The award was made under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, and is scheduled to vest on May 18, 2023, subject to certain vesting, forfeiture, and termination provisions. The shares are held under a Uniform Transfers to Minors Act ("UTMA") account over which Mr. Kramer is the custodian. Mr. Kramer disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. /s/ D. Michael Kramer, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2022-05-20