COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2022

Sep 9, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK: 0000928658
Period of Report: 2022-09-07

Reporting Person: HOGAN JOEY B (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-07	Class A Common Stock	S	5303	$28.2625	Disposed	68548	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	161887	Direct
Class A Common Stock	54748	Indirect

Footnotes

F1: The shares were sold pursuant to a Rule 10b5-1 trading plan by the reporting person.

F2: The price reflects a weighted average sale price for multiple transactions ranging from $28.20 to $28.30, 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.

F3: Shares owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.

F4: The number of shares beneficially owned following the reported transaction is equal to the Reporting Person's September 7, 2022 account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on September 7, 2022. The plan is unitized and as such does not itself allocate a specific number of shares to each participant.