Form 4 for PAL Proficient Auto Logistics, Inc

Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-13 · accession 0001213900-24-042495 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2024-05-13	2024-05-13	PAL	Wright Bradley J.	CFO	P - Purchase	$15.00	+4,000	4,000	New	+$60.0K
DMI	2024-05-13	2024-05-13	PAL	Wright Bradley J.	CFO	P - Purchase	$15.00	+2,265	1,332	New	+$34.0K
D	2024-05-13	2024-05-13	PAL	Wright Bradley J.	CFO	A - Grant	$0.00	+88.3K	88.3K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-05-13	P	A	4,000	$15.00	4,000	D See footnote	—	—	(F1) This transaction involved a purchase of securities by the Reporting Person through a UTMA account for the benefit of the Reporting Person's grandchildren, for which the Reporting Person serves as custodian. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
2	Common	Common Stock	2024-05-13	P	A	933	$15.00	933	I	—	—
3	Common	Common Stock	2024-05-13	P	A	1,332	$15.00	1,332	I See footnote	—	—	(F2) Represents shares acquired by the Reporting Person's spouse.
4	Derivative	Restricted Stock Units	2024-05-13	A	A	88,333	$0.00	88,333	D	— · — to —	88,333 Common Stock	(F3) Represents restricted stock units that vest in equal installments on each of May 13, 2025, 2026 and 2027. These restricted stock units convert into common stock on a one-to-one basis.