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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 9/28/22 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 928658 |
| Issuer Name: COVENANT LOGISTICS GROUP, INC. |
| Issuer Trading Symbol: CVLG |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1181041 |
| | Owner Name: HOGAN JOEY B |
| Reporting Owner Address: |
| | Owner Street 1: 400 BIRMINGHAM HIGHWAY |
| | Owner Street 2: |
| | Owner City: CHATTANOOGA |
| | Owner State: TN |
| | Owner ZIP Code: 37419 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 9/28/22 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 900 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 30.0031 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 67,648 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnote ID: F3 |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 161,887 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 54,705 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| Footnote ID: F4 |
| | | Nature of Ownership: |
| Value: 401(k) |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: The shares were sold pursuant to a Rule 10b5-1 trading plan by the reporting person. |
| Footnote - F2: The price reflects a weighted average sale price for multiple transactions ranging from $30.00 to $30.01, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price. |
| Footnote - F3: Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants. |
| Footnote - F4: The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's September 28, 2022 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on September 28, 2022. The plan is unitized and as such does not itself allocate a specific number of shares to each participant. |
| Owner Signature: |
| Signature Name: /s/ Joey B. Hogan, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC |
| Signature Date: 9/30/22 |
