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Proficient Auto Logistics, Inc — Director's Dealing 2025
May 16, 2025
33729_dirs_2025-05-15_84de5baa-82de-4ae8-95f9-1435de001062.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Proficient Auto Logistics, Inc (PAL)
CIK: 0001998768
Period of Report: 2025-05-13
Reporting Person: ODELL RICHARD D (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-13 | Common Stock | M | 161670 | $0.00 | Acquired | 900472 | Direct |
| 2025-05-15 | Common Stock | S | 15000 | $8.1507 | Disposed | 885472 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-13 | Restricted Stock Units | $ | M | 161670 | Acquired | Common Stock (161670) | Direct |
Footnotes
F1: This transaction represents shares sold to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units.
F2: This transaction was executed in multiple trades at prices ranging from $8.15 to $8.21. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F3: On May 13, 2024, the Reporting Person was awarded 808,355 restricted stock units that vest in equal installments on each of May 13, 2025, 2026, 2027, 2028 and 2029. These restricted stock units convert into common stock on a one-for-one basis.