Form 4: PAMT Director Moroun Restructures Trust Holdings

Matthew T. Moroun, a Director and 10% Owner of PAMT Corp, executed a private transaction on September 11, 2025, transferring 2,000,000 shares of common stock between family trusts at $10.745 per share.

Summary

• Matthew T. Moroun, a Director and 10% Owner of PAMT Corp, reported a transaction on September 11, 2025.
• Mr. Moroun sold 2,000,000 shares of PAMT common stock at a price of $10.745 per share.
• The sale was a privately negotiated transaction to the 2020 Lindsay Moroun Trust.
• These shares were previously distributed to Mr. Moroun from the Moroun Grantor Trust.
• Mr. Moroun serves as trustee for both the 2020 Lindsay Moroun Trust and the Moroun Grantor Trust.
• Following the transaction, Mr. Moroun's direct beneficial ownership is 0 shares.
• Indirect beneficial ownership includes 12,427,848 shares by Lindsay S. Moroun Trust, 3,268,000 shares by Moroun Grantor Trust, 306,048 shares by 2020 Agnes Moroun Trust, and 4,558 shares by his Son.

Sentiment

Score: 5

Explanation: The transaction is an internal transfer of shares between trusts where the reporting person serves as trustee, indicating a restructuring of beneficial ownership rather than a market-driven sale or purchase.

Related Party Transactions

• Matthew T. Moroun sold 2,000,000 shares of PAMT common stock to the 2020 Lindsay Moroun Trust in a privately negotiated transaction. Mr. Moroun serves as trustee for both the 2020 Lindsay Moroun Trust and the Moroun Grantor Trust, from which the shares were originally distributed to him.

Stakeholder Impact

• Shareholders: No direct impact on outstanding shares or market liquidity as this was a privately negotiated transfer of beneficial ownership.
• Employees, Customers, Suppliers, Creditors: No discernible impact from this internal ownership restructuring.

Key Dates

Recommendation

This Form 4 reports an internal transfer of shares between trusts controlled by the same individual, Matthew T. Moroun. It does not reflect a change in overall economic interest or a market-driven transaction, thus it provides no new information to warrant a change in investment recommendation.

Keywords

PAMT, Matthew T. Moroun, Form 4, insider transaction, beneficial ownership, trust, common stock, corporate governance