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Bunn Paul – ‘4’ for 4/11/24 re: Covenant Logistics Group, Inc.

On:  Monday, 4/15/24, at 5:08pm ET   ·   For:  4/11/24   ·   As:  Officer   ·   Accession #:  1008886-24-133   ·   File #:  0-24960

Previous ‘4’:  ‘4/A’ on 3/22/24 for 2/28/24   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/15/24  Bunn Paul                         4          Officer     1:6K   Covenant Logistics Group, Inc.    Scudder Law Firm P C/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      6K 
                Securities by an Insider -- form4.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
XML Data rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<ownershipDocument>
<schemaVersion> X0508 </schemaVersion>
<documentType> 4 </documentType>
<periodOfReport> 2024-04-11 </periodOfReport>
<issuer>
<issuerCik> 0000928658 </issuerCik>
<issuerName> COVENANT LOGISTICS GROUP, INC. </issuerName>
<issuerTradingSymbol> CVLG </issuerTradingSymbol>
</issuer>
<reportingOwner>
<reportingOwnerId>
<rptOwnerCik> 0001467658 </rptOwnerCik>
<rptOwnerName> BUNN PAUL </rptOwnerName>
</reportingOwnerId>
<reportingOwnerAddress>
<rptOwnerStreet1> 400 BIRMINGHAM HIGHWAY </rptOwnerStreet1>
<rptOwnerStreet2></rptOwnerStreet2>
<rptOwnerCity> CHATTANOOGA </rptOwnerCity>
<rptOwnerState> TN </rptOwnerState>
<rptOwnerZipCode> 37419 </rptOwnerZipCode>
<rptOwnerStateDescription></rptOwnerStateDescription>
</reportingOwnerAddress>
<reportingOwnerRelationship>
<isOfficer> true </isOfficer>
<officerTitle> President, COO, and Secretary </officerTitle>
</reportingOwnerRelationship>
</reportingOwner>
<aff10b5One> false </aff10b5One>
<nonDerivativeTable>
<nonDerivativeTransaction>
<securityTitle>
<value> Class A Common Stock </value>
</securityTitle>
<transactionDate>
<value> 2024-04-11 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> D </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
<footnoteId id="F1"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 12028 </value>
<footnoteId id="F1"/>
</transactionShares>
<transactionPricePerShare>
<value> 0 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 87629 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeHolding>
<securityTitle>
<value> Class A Common Stock </value>
</securityTitle>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 2515 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> By Spouse </value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeHolding>
<nonDerivativeHolding>
<securityTitle>
<value> Class A Common Stock </value>
</securityTitle>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 20615 </value>
<footnoteId id="F2"/>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> 401(k) </value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeHolding>
</nonDerivativeTable>
<footnotes>
<footnote id="F1"> Represents the forfeiture of restricted stock originally granted under the Third Amended and Restated 2006 Omnibus Incentive Plan, as amended, due to the issuer not achieving the established performance targets, as certified by the issuer's compensation committee on the transaction date. </footnote>
<footnote id="F2"> The number of shares beneficially owned following the reported transaction is equal to the reporting person's April 11, 2024 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on April 11, 2024. The plan is unitized and as such does not itself allocate a specific number of shares to each participant. </footnote>
</footnotes>
<ownerSignature>
<signatureName> /s/ Paul Bunn, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC </signatureName>
<signatureDate> 2024-04-15 </signatureDate>
</ownerSignature>
</ownershipDocument>


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Filing Submission 0001008886-24-000133   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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