UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

___________________________________________________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
December 27, 2024

___________________________________________________________________

graphic
COVENANT LOGISTICS GROUP, INC.
(Exact name of registrant as specified in its charter)


Nevada
001-42192
88-0320154
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
  Identification No.)

400 Birmingham Hwy, Chattanooga, TN
37419
(Address of principal executive offices)
(Zip Code)

(423) 821-1212
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
   
Securities registered pursuant to Section 12(b) of the Act:
 

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
$0.01 Par Value Class A common stock
CVLG
The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
   
 
Emerging growth company  ☐
   
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   [   ]

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
   
 
On December 27, 2024, Samuel F. Hough notified the board of directors (the “Board”) of Covenant Logistics Group, Inc., a Nevada corporation (the “Company”), of his decision to retire from his position as Executive Vice President – Expedited Operations, which won’t be effective until December 31, 2024. Mr. Hough is expected to continue to be employed by the Company in a reduced capacity following his retirement, focusing on customer development and retention. In association with his retirement, the Compensation Committee of the Board changed Mr. Hough’s annualized base to $220,000.00, effective January 1, 2025.
 
“I want to thank Sam for his decade of leadership, particularly in our legacy Expedited operations.” David Parker, the Company’s Chief Executive Officer and Chairman of the Board, remarked. “Sam has always been focused on serving our existing customer and building new customers. I look forward to continuing to work with Sam as he transitions into his new role at Covenant.”
   

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
COVENANT LOGISTICS GROUP, INC.
 
(Registrant)
  
     
Date: December 30, 2024
By:
/s/ James S. Grant
   
James S. Grant
   
Executive Vice President and Chief Financial Officer






v3.24.4
Document and Entity Information
Dec. 27, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Dec. 27, 2024
Entity File Number 001-42192
Entity Registrant Name COVENANT LOGISTICS GROUP, INC.
Entity Central Index Key 0000928658
Entity Incorporation, State or Country Code NV
Entity Tax Identification Number 88-0320154
Entity Address, Address Line One 400 Birmingham Hwy
Entity Address, City or Town Chattanooga
Entity Address, State or Province TN
Entity Address, Postal Zip Code 37419
City Area Code 423
Local Phone Number 821-1212
Title of 12(b) Security $0.01 Par Value Class A common stock
Trading Symbol CVLG
Security Exchange Name NYSE
Entity Emerging Growth Company false
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Covenant Logistics (NYSE:CVLG)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Covenant Logistics Charts.
Covenant Logistics (NYSE:CVLG)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Covenant Logistics Charts.