SEC Form 4 · accession 0001567619-18-001776
COVENANT LOGISTICS GROUP, INC. · CVLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joey B Hogan
Officer — PRESIDENT
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000928658
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F1,F3 | Aug 22, 2018 | S | 200 | $30.45 | D | 51,242 | D | |
| Class A Common Stock | holding | — | — | — | 98,999 | D | ||
| Class A Common StockF4 | holding | — | — | — | 29,263 | I | 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan by the reporting persons.
- F2The price reflects a weighted average sale price for multiple transactions ranging from $30.40 to $30.50, inclusive. The reporting persons undertake 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 separate price.
- F3Shares are owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.
- F4The number of shares beneficially owned following the reported transaction is equal to the reporting person's August 20, 2018, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on August 20, 2018. The plan is unitized and as such does not itself allocate a specific number of shares of each participant.