PAMT CORP — Director's Dealing 2024

Jul 31, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAM TRANSPORTATION SERVICES INC (PTSI)
CIK: 0000798287
Period of Report: 2024-05-09

Reporting Person: MOROUN MATTHEW T (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-09	Common Stock	A	852	$17.60	Acquired	3604	Indirect
2024-07-29	Common Stock	S	4000000	$18.1830	Disposed	0	Direct
2024-07-29	Common Stock	S	73700	$18.1830	Disposed	0	Indirect
2024-07-29	Common Stock	P	4073700	$18.1830	Acquired	10427848	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5268000	Indirect
Common Stock	306048	Indirect

Footnotes

F1: Award of common stock as part of annual retainer for non-employee directors.

F2: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares.

F3: On July 29, 2024, the reporting person sold 4,000,000 shares of the Issuer's common stock, individually, to the 2020 Lindsay Moroun Trust in a privately negotiated transaction. These 4,000,000 shares were previously distributed to the reporting person by the Moroun Grantor Trust and were reported as indirectly beneficially owned by the Moroun Grantor Trust in the reporting person's prior reports. The reporting person serves as trustee of the 2020 Lindsay Moroun Trust and the Moroun Grantor Trust.

F4: On July 29, 2024, the Manuel J. Moroun Trust sold 73,700 shares of Common Stock of the Issuer to the 2020 Lindsay Moroun Trust in a privately negotiated transaction. The reporting person serves as trustee of the Manuel J. Moroun Trust and the 2020 Lindsay Moroun Trust. These shares were inadvertently omitted from the reporting person's prior reports following his appointment as trustee of the Manuel J. Moroun Trust.