Filing Details
- Accession Number:
- 0001567619-20-018626
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-11-03 17:03:13
- Reporting Period:
- 2020-10-30
- Accepted Time:
- 2020-11-03 17:03:13
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
928658 | Covenant Logistics Group Inc. | CVLG | Trucking (No Local) (4213) | 880320154 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1220829 | Ray David Parker | 400 Birmingham Highway Chattanooga TN 37419 | Chairman And Ceo | Yes | Yes | Yes | No |
1271324 | F Jacqueline Parker | 400 Birmingham Highway Chattanooga TN 37419 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2020-10-02 | 100,000 | $0.00 | 2,184,571 | No | 5 | G | Direct | |
Class A Common Stock | Acquisiton | 2020-10-30 | 28,800 | $13.66 | 2,213,371 | No | 4 | P | Direct | |
Class A Common Stock | Acquisiton | 2020-10-30 | 7,500 | $13.66 | 2,220,871 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | G | Direct | |
No | 4 | P | Direct | |
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 110,204 | Direct | |
Class A Common Stock | 26,556 | Indirect | 401(k) |
Class B Common Stock | 2,350,000 | Direct |
Footnotes
- The shares were gifted by Mr. Parker to a grantor retained annuity trust with an independent trustee.
- Shares owned jointly by Mr. Parker and his wife, Jacqueline F. Parker, as joint tenants with rights of survivorship.
- The price reflects a weighted average purchase price for multiple transactions ranging from $13.25 to $13.99, 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 purchased at each separate price.
- Represents a private purchase of shares from Mr. Parker's mother.
- The number of shares beneficially owned following the reported transaction is equal to Mr. Parker's October 30, 2020 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on October 30, 2020. The plan is unitized and as such, does not itself allocate a specific number of shares to each participant.