Filing Details

Accession Number:
0001213900-24-042495
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-13 19:05:12
Reporting Period:
2024-05-13
Accepted Time:
2024-05-13 19:05:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1998768 Proficient Auto Logistics Inc PAL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428843 J. Bradley Wright 12276 San Jose Blvd.,
Suite 426
Jacksonville FL 32223
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-05-13 4,000 $15.00 4,000 No 4 P Direct
Common Stock Acquisiton 2024-05-13 1,332 $15.00 1,332 No 4 P Indirect See footnote
Common Stock Acquisiton 2024-05-13 933 $15.00 933 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect See footnote
No 4 P Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2024-05-13 88,333 $0.00 88,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
88,333 No 4 A Direct
Footnotes
  1. This transaction involved a purchase of securities by the Reporting Person through a UTMA account for the benefit of the Reporting Person's grandchildren, for which the Reporting Person serves as custodian. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  2. Represents shares acquired by the Reporting Person's spouse.
  3. Represents restricted stock units that vest in equal installments on each of May 13, 2025, 2026 and 2027. These restricted stock units convert into common stock on a one-to-one basis.