X0202 4 2006-04-25 0 0000865941 CELADON GROUP INC CLDN 0001023971 RUSSELL STEPHEN ONE CELADON DRIVE 9503 EAST 33RD STREET INDIANAPOLIS IN 46235 1 1 0 0 Chairman and CEO Common Stock 723363 D Common Stock 2006-04-25 4 S 0 400 26.74 D 47600 I By Spouse Common Stock 2006-04-25 4 S 0 100 26.71 D 47500 I By Spouse Common Stock 2006-04-25 4 S 0 305 26.70 D 47195 I By Spouse Common Stock 2006-04-25 4 S 0 11793 26.69 D 35402 I By Spouse Common Stock 2006-04-25 4 S 0 200 26.64 D 35202 I By Spouse Common Stock 2006-04-25 4 S 0 400 26.63 D 34802 I By Spouse Common Stock 2006-04-25 4 S 0 2600 26.62 D 32202 I By Spouse Common Stock 2006-04-25 4 S 0 4202 26.61 D 28000 I By Spouse Adjusted to give effect to the February 1, 2006 three-for-two stock split. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The reporting person?s spouse owned these shares prior to her marriage to the reporting person. /s/ Stephen A. Russell, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC 2006-04-26