0001008886-24-000063.txt : 20240229
0001008886-24-000063.hdr.sgml : 20240229
20240229173941
ACCESSION NUMBER: 0001008886-24-000063
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240227
FILED AS OF DATE: 20240229
DATE AS OF CHANGE: 20240229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PARKER DAVID RAY
CENTRAL INDEX KEY: 0001220829
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24960
FILM NUMBER: 24705456
MAIL ADDRESS:
STREET 1: 400 BIRMINGHAM HIGHWAY
CITY: CHATTANOOGA
STATE: TN
ZIP: 37419
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PARKER JACQUELINE F
CENTRAL INDEX KEY: 0001271324
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24960
FILM NUMBER: 24705455
MAIL ADDRESS:
STREET 1: 400 BIRMINGHAM HGWY
CITY: CHATTANOOGA
STATE: TN
ZIP: 37419
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: COVENANT LOGISTICS GROUP, INC.
CENTRAL INDEX KEY: 0000928658
STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 880320154
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 400 BIRMINGHAM HIGHWAY
CITY: CHATTANOOGA
STATE: TN
ZIP: 37419
BUSINESS PHONE: 4238211212
MAIL ADDRESS:
STREET 1: 400 BIRMINGHAM HIGHWAY
CITY: CHATTANOOGA
STATE: TN
ZIP: 37419
FORMER COMPANY:
FORMER CONFORMED NAME: COVENANT TRANSPORTATION GROUP INC
DATE OF NAME CHANGE: 20070522
FORMER COMPANY:
FORMER CONFORMED NAME: COVENANT TRANSPORT INC
DATE OF NAME CHANGE: 19940818
4
1
form4.xml
X0508
4
2024-02-27
0000928658
COVENANT LOGISTICS GROUP, INC.
CVLG
0001220829
PARKER DAVID RAY
400 BIRMINGHAM HIGHWAY
CHATTANOOGA
TN
37419
true
true
true
Chairman and CEO
0001271324
PARKER JACQUELINE F
400 BIRMINGHAM HIGHWAY
CHATTANOOGA
TN
37419
true
false
Class A Common Stock
2024-02-27
4
S
0
20188
51.0085
D
176349
D
Class A Common Stock
2024-02-27
4
S
0
1812
51.8465
D
174537
D
Class A Common Stock
1192071
D
Class A Common Stock
37855
I
401(k)
Class B Common Stock
2350000
D
Employee Stock Option (Right to Buy)
21.24
2024-02-28
4
A
0
300000
0
A
2024-02-28
2031-04-06
Class A Common Stock
300000
300000
D
The price reflects a weighted average sale price for multiple transactions ranging from $50.74 to $51.60, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each price.
The price reflects a weighted average sale price for multiple transactions ranging from $51.80 to $52.005, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each price.
Shares owned jointly by Mr. and Mrs. Parker, as joint tenants with rights of survivorship.
The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's February 27, 2024 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on February 27, 2024. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.
On April 6, 2021, Mr. Parker was granted an option to purchase 300,000 shares of Class A common stock, subject to vesting based on the issuer's satisfaction of certain performance criteria for the year ended and the three-year period ended December 31, 2023. On February 28, 2024, the Compensation Committee of the issuer certified that the performance criteria were met.
/s/ David R. Parker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
2024-02-29
/s/ Jacqueline F. Parker, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC
2024-02-29