CVLG COVENANT LOGISTICS GROUP, INC.
Price Chart
Executive Summary
Two insiders at Covenant Logistics sold a combined $643K in open-market sales over a 7-day window, with Director Hogan selling $502K and EVP Ballard selling $141K. President Bunn also exercised and sold derivatives in a non-cash tax-withholding transaction. The total sales represent ~0.07% of market cap, which is trivial and routine, and the cluster is not amplified by the asymmetry rule since these are sells, not buys.
Key Financial Metrics
Actionable Insight
Insider selling is trivial relative to market cap and not clustered among C-suite executives in a meaningful way. No bearish signal. Monitor upcoming quarterly earnings for any fundamental changes, but this cluster alone does not warrant action.
Key Facts
- Director Joey B. Hogan sold 12,800 shares open-market for $501,545 on 2026-05-27.
- EVP Joey Ballard sold 3,718 shares open-market for $141,284 on 2026-05-26.
- President Paul Bunn exercised 64,196 derivative shares at $0 and $7.885, with 20,000 shares surrendered for tax withholding ($748,200 non-cash).
- Total open-market sales: $642,829, or ~0.07% of $978M market cap.
- No 10b5-1 plan pattern detected; sales are isolated and not part of a regular schedule.
Financial Impact
Total open-market sales of $643K represent 0.07% of market cap, well below the 0.1% materiality threshold.
Risk Factors
- Insider selling could accelerate if fundamentals deteriorate, but current volume is immaterial.
- President Bunn's derivative exercise and tax withholding are routine and non-informative.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CVLG-1779922685577 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
10d ago
|
Press Release
| $43.22 awaiting T+1 | awaiting T+1 | — | $45.45 (+5.16%) |
|
Jun 1, 2026
13d ago
|
Insider Cluster
| $41.84 $42.09 | ▲ +0.60% | ▲ +1.32% | $45.45 (+8.62%) |
|
May 27, 2026
18d ago
|
Insider Cluster
| $41.84 $42.09 | ▲ +0.60% | ▲ +1.32% | $45.45 (+8.62%) |
|
May 27, 2026
18d ago
|
Insider Cluster
| $39.49 $39.64 | ▲ +0.38% | ▲ +0.14% | $45.45 (+15.10%) |
|
May 15, 2026
4w ago
|
8-K
| $35.21 $35.61 | ▲ +1.13% | ▲ +1.78% | $45.45 (+29.07%) |
|
May 15, 2026
4w ago
|
Press Release
| $35.27 $35.67 | ▲ +1.13% | ▲ +1.78% | $45.45 (+28.86%) |
|
Apr 28, 2026
6w ago
|
Insider Cluster
| $34.99 $34.84 | ▼ −0.43% | ▼ −0.42% | $45.45 (+29.89%) |
|
Apr 28, 2026
6w ago
|
Insider Cluster
| $34.99 $34.84 | ▼ −0.43% | ▼ −0.42% | $45.45 (+29.89%) |
|
Apr 23, 2026
7w ago
|
Press Release
| $34.07 $34.95 | ▼ −2.58% | ▼ −2.42% | $45.45 (−33.40%) |
|
Apr 1, 2026
10w ago
|
Press Release
| $28.15 $27.97 | ▼ −0.64% | ▼ −1.12% | $45.45 (+61.46%) |
US Market Status
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