Form 4: Proficient Auto Logistics Director Charles Alutto Exercises Stock Options, Receives Additional Restricted Stock Units

Director Charles Alutto exercised stock options and received additional restricted stock units in Proficient Auto Logistics, Inc.

Summary

• On May 13, 2025, Charles Alutto, a director of Proficient Auto Logistics, Inc., exercised 5,000 restricted stock units, converting them into 5,000 shares of common stock.
• Alutto also received 9,135 restricted stock units that will vest on the date of the Issuer's 2026 annual meeting of stockholders.
• Following these transactions, Alutto directly owns 43,250 shares of common stock and 9,135 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.

Future Outlook

The vesting of the 9,135 restricted stock units is contingent upon the date of the Issuer's 2026 annual meeting of stockholders.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the director's holdings.
• Employees may be impacted by the vesting of restricted stock units.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Director, PAL, Proficient Auto Logistics, Alutto