CVLG (CVLG) director Joey Hogan makes 2,600-share bona fide stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COVENANT LOGISTICS GROUP, INC. director Joey B. Hogan reported a bona fide gift of 2,600 shares of Class A Common Stock on February 27, 2026, transferring them at no price. After this gift, he directly owned 118,794 shares. Some shares are owned jointly with his wife as joint tenants.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,600 shares gifted
Mixed
2 txns
Insider
HOGAN JOEY B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 2,600 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 118,794 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CVLG director Joey B. Hogan report?
Joey B. Hogan reported a bona fide gift of 2,600 shares of Class A Common Stock. The transfer was coded as a gift and carried a zero-dollar per-share value, meaning no sale proceeds were received from this disposition.
What does the Form 4 gift code mean for CVLG insider Joey B. Hogan?
The transaction is coded as a bona fide gift, indicating a transfer of shares without consideration. This means Hogan disposed of 2,600 shares without selling them, so the transaction does not represent an open-market purchase or sale of CVLG stock.
Does the reported CVLG Form 4 include any insider stock sales or purchases?
The disclosed activity is a bona fide gift of 2,600 shares, not an open-market sale or purchase. The filing does not show any shares bought or sold for cash consideration; it records only this non-cash disposition by the director.