Company: PAMT
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001437749-25-011728
Chunk: 33

Company: PAMT CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 33
---
 would be paid in equal installments in accordance with the Company’s regularly scheduled payroll periods.

(4) Upon death or disability, Mr. Stewart would be entitled to receive any bonus amounts earned but not yet paid.

Pay Versus Performance

The following table sets forth information regarding the compensation of our named executive officers (“NEOs”) for the fiscal years ended December 31, 2022, 2023 and 2024, and our financial performance for each such fiscal year:

Pay Versus Performance Table

| Year |     | Summary      
 Compensation 
 Table Total  
 for PEO      
 ($)(1)       |           |     | Compensation     
 Actually Paid to 
 PEO              
 ($)(2)           |         |     | Average Summary Compensation Table 
 Total for Non-PEO                  
 NEOs                               
 ($)(3)                             |         |     | Average               
 Compensation          
 Actually Paid to Non- 
 PEO NEOs              
 ($)(2)                |         |   |     | Value of Initial    
 Fixed $100          
 Investment Based on 
 Total Shareholder   
 Return              
 ($)(4)              |    |     | Net (Loss)     
 Income         
 (In thousands) 
 ($)(5)         |         |   |
| 2024 |     |              |   778,160 |     |                  | 190,276 |     |                                    | 478,810 |     |                       | 417,988 |   |     |                     | 46 |     |                | (31,795 | ) |
| 2023 |     |              | 1,132,230 |     |                  | 252,742 |     |                                    | 542,218 |     |                       | (11,013 | ) |     |                     | 59 |     |                |  18,416 |   |
| 2022 |     |              | 1,604,665 |     |                  | 138,164 |     |                                    | 919,710 |     |                       | 731,774 |   |     |                     | 73 |     |                |  90,672 |   |

| (1) | Represents the total compensation of our principal executive officer (PEO), Joseph A. Vitiritto, as reported in the Summary Compensation Table for each year indicated. |

| (2) | The amount reported in this column for each year indicated is calculated as follows: |

[The table follows on the next page.]

- 25 -