Form 4: Proficient Auto Logistics CFO Bradley J. Wright Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer Bradley J. Wright of Proficient Auto Logistics reports acquisition and disposal of common stock and vesting of restricted stock units.
Summary
- On May 13, 2025, Bradley J. Wright, the CFO of Proficient Auto Logistics, reported transactions involving the company's stock.
- Wright acquired 29,444 shares of common stock at $0.00 and disposed of 29,444 shares.
- Following these transactions, Wright directly owns 33,444 shares of common stock.
- Wright also indirectly owns 1,334 shares through a UTMA account for his grandchildren and 933 shares owned by his spouse.
- Additionally, 29,444 restricted stock units vested on May 13, 2025, converting into common stock on a one-to-one basis, leaving 58,889 restricted stock units.
- These restricted stock units were part of a grant of 88,333 units on May 13, 2024, vesting in equal installments on May 13, 2025, 2026, and 2027.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- Shareholders are informed about the CFO's stock transactions, providing transparency into insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Reporting Person was granted 88,333 restricted stock units that vest in equal installments on each of May 13, 2025, 2026 and 2027. |
| 05/13/2025 | Date of earliest transaction; vesting of 29,444 restricted stock units; acquisition and disposal of 29,444 shares of common stock. |
| 05/14/2025 | Date of signature. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Bradley J. Wright, Proficient Auto Logistics, PAL, CFO
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