BUNN PAUL (CAO & Treasurer) exercised options at COVENANT LOGISTICS GROUP, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/27/2026ACC: 0001008886-26-000152
Officer· CAO & Treasurer
Since Dec 2018
-20K
Net shares
Net seller
$748.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
64.20K acquired · 84.20K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+64.20K
Price / share
$7.88
Trade value
$506.19K
% of position
41.5%
5/22/2026
154.70K→218.89K
Class A Common Stock
Direct
Shares
−20K
Price / share
$37.41
Trade value
$748.20K
% of position
9.1%
5/22/2026
218.89K→198.89K
Total
Net shares
+44.20K
Net value
-$242.01K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 5/22/2026 | M · Option Exercise | +64.20K | $7.88 | $506.19K | 41.5% | 154.70K | 218.89K |
| Class A Common Stock Direct | 5/22/2026 | F · Tax Withholding | −20K | $37.41 | $748.20K | 9.1% | 218.89K | 198.89K |
| Total | +44.20K | -$242.01K | ||||||
Derivative Transactions1
Employee Stock Option (Right to Buy)
Direct
Converts to
Class A Common Stock
64.20K shares
Shares
−64.20K
Strike price
7.885
Held after
296.38K
Exercisable
—
5/22/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) Direct | Class A Common Stock64.20K shares | 5/22/2026 | M · Option Exercise | −64.20K | 7.885 | — | 296.38K |
Non-Derivative Holdings (Post-Transaction)2
Class A Common Stock
IndirectShares owned5.03K
Class A Common Stock
IndirectShares owned41.40K
Total
46.43K indirect46.43K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 5.03K | Indirect |
| Class A Common Stock | 41.40K | Indirect |
| Total | 46.43K | 46.43K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported