UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On June 15, 2022, USA Truck Inc. (the “Company”) announced the appointment of George Henry as Executive Vice President and Chief Operating Officer. In connection with his appointment, the Executive Compensation Committee of the Board of Directors of the Company (i) changed Mr. Henry’s annualized base salary from $275,000 to $300,000 and (ii) changed Mr. Henry’s Executive Severance and Change-in-Control Agreement to provide for 12 months (instead of 6 months) salary continuation upon a termination by the Company without cause, at any time other than within 12 months of a qualifying change-in-control, and other than as a result of disability.
Mr. Henry, 37, has served as the Company’s Senior Vice President – USAT Logistics since joining the Company in March 2018. Previously, Mr. Henry served as Vice President of Logistics and Knight Dedicated at Knight Transportation, Inc., a truckload transportation services provider, from April 2013 to March 2018. Prior to joining Knight, Mr. Henry served in various 3PL and brokerage roles at Transplace, a logistics provider, from November 2005 to April 2013, where he advanced in progressively more responsible roles, culminating in his promotion to Vice President of Capacity Services. Mr. Henry has a Bachelor of Science degree in Supply Chain, Transportation and Logistics Management from the University of Wales, U.K.
There is no arrangement or understanding between Mr. Henry and any other person pursuant to which Mr. Henry was appointed Executive Vice President and Chief Operating Officer. There are no transactions in which Mr. Henry has an interest requiring disclosure under Item 404(a) of Regulation S-K.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| USA Truck Inc. | ||
(Registrant) | |||
Date: | June 16, 2022 | /s/ Zachary B. King | |
Zachary B. King | |||
Executive Vice President and Chief Financial Officer |