Filing Details

Accession Number:
0001213900-25-044505
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-05-15 19:54:42
Reporting Period:
2025-05-13
Filing Date:
2025-05-15
Accepted Time:
2025-05-15 19:54:42
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
1191293 D Richard Odell 12276 San Jose Blvd.
Suite 426
Jacksonville FL 32223
Chief Executive Officer Yes Yes No No
Transaction Summary
Sold: 15,000 shares Avg. Price: $8.15 Total Value: $122,260.50
Number of Shares After Transactions: 885,472 shares
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 2025-05-13 161,670 $0.00 900,472 No 4 M Direct
Common Stock Disposition 2025-05-15 15,000 $8.15 885,472 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2025-05-13 161,670 $0.00 161,670 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
646,685 No 4 M Direct
Footnotes
  1. This transaction represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units.
  2. This transaction was executed in multiple trades at prices ranging from $8.15 to $8.21. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
  3. On May 13, 2024, the Reporting Person was awarded 808,355 restricted stock units that vest in equal installments on each of May 13, 2025, 2026, 2027, 2028 and 2029. These restricted stock units convert into common stock on a one-for-one basis.