# EDGAR Filing Document

**Accession Number:** 0000928658
**File Stem:** 0001008886-26-000133
**Filing Date:** 2026-5
**Character Count:** 17767
**Document Hash:** 5b012cdfb593415f959aa18b01c42c54
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001008886-26-000133.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001008886-26-000133

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260513

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COVENANT LOGISTICS GROUP, INC.
- **CENTRAL INDEX KEY:** 0000928658
- **STANDARD INDUSTRIAL CLASSIFICATION:** TRUCKING (NO LOCAL) [4213]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 880320154
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42192
- **FILM NUMBER:** 26989890

**BUSINESS ADDRESS:**
- **STREET 1:** 400 BIRMINGHAM HIGHWAY
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37419
- **BUSINESS PHONE:** 4238211212

**MAIL ADDRESS:**
- **STREET 1:** 400 BIRMINGHAM HIGHWAY
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COVENANT TRANSPORTATION GROUP INC
- **DATE OF NAME CHANGE:** 20070522

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COVENANT TRANSPORT INC
- **DATE OF NAME CHANGE:** 19940818

?xml version='1.0' encoding='ASCII'?

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**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

Washington, D.C. 20549

**___________________________________________________________________**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported):

May 13, 2026

**___________________________________________________________________**

![](image1.gif)

**COVENANT LOGISTICS GROUP, INC.**

(Exact name of registrant as specified in its charter)

Nevada 001-42192 88-0320154 <br> (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

400 Birmingham Hwy., Chattanooga, TN 37419 <br> (Address of principal executive offices) (Zip Code)

(423) 821-1212

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp; Title of each class  | &nbsp;&nbsp; Trading Symbol(s)  | &nbsp;&nbsp; Name of each exchange on which registered  |
| &nbsp;&nbsp; $0.01 Par Value Class A common stock  | &nbsp;&nbsp; CVLG  | &nbsp;&nbsp; The New York Stock Exchange  |

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| | |
|:---|:---|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).  | Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Emerging growth company ☐  |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐  | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐  |

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| | |
|:---|:---|
| **Item 5.02**  | **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**  |
|  | On May 13, 2026, the Compensation Committee (the "Committee") of the Board of Directors of Covenant Logistics Group, Inc., a Nevada corporation (the "Company"), approved certain compensation changes for the Company's named executive officers. <br>The Committee approved the 2026 Long-Term Incentive Plan under which the Company's named executive officers received the aggregate target award amounts as follows:  |

---

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| | |
|:---|:---|
| &nbsp;&nbsp; **<u>Named Executive Officer</u>**  | &nbsp;&nbsp; **<u>Target Award Amount</u>**  |
| &nbsp;&nbsp; David R. Parker  | &nbsp;&nbsp; $2984000  |
| &nbsp;&nbsp; M. Paul Bunn  | &nbsp;&nbsp; $1873000  |
| &nbsp;&nbsp; James "Tripp" Grant  | &nbsp;&nbsp; $792000  |
| &nbsp;&nbsp; Dustin Koehl  | &nbsp;&nbsp; $695000  |
| &nbsp;&nbsp; Joey Ballard  | &nbsp;&nbsp; $481000  |

---

One-half of the target award amount above is subject to performance-based vesting issued as Class A restricted stock units and the other half is subject to time-based vesting issued in cash, except the Committee issued Mr. Parker's entire award in cash given his significant stock holdings that align with stockholder value creation. The performance-based portion of the award may be earned as follows: (i) one-half upon the Company's attainment of a two-year cumulative adjusted earnings per share ("Adjusted EPS") goal for the performance period ended December 31, 2028 and (ii) one-half upon the Company's attainment of a two-year average annual return on invested capital ("ROIC") goal for the performance period ended December 31, 2028. The performance-based portion of the award has a threshold payout of 50% of the target and a maximum payout of 200% of the target. The time-based portion of the award may be earned as follows: (A) one-third for continued service through July 1, 2027, (B) one-third for continued service through July 1, 2028, and (C) one-third for continued service through July 1, 2029. <br>The Committee approved new annualized base salaries for certain of the Company's named executive officers, effective July 6, 2026, as follows: <br>

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| | |
|:---|:---|
| &nbsp;&nbsp; **<u>Named Executive Officer</u>**  | &nbsp;&nbsp; **<u>New Annualized Base Salary</u>**  |
| &nbsp;&nbsp; James "Tripp" Grant  | &nbsp;&nbsp; $455000  |
| &nbsp;&nbsp; Dustin Koehl  | &nbsp;&nbsp; $455000  |
| &nbsp;&nbsp; Joey Ballard  | &nbsp;&nbsp; $400000  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Committee amended Mr. Grant's and Ms. Ballard's severance agreements to provide for the following terms, which align with the terms of Mr. Koehl's severance agreement: <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; • upon a qualifying severance event, subject to employment, release, and other customary provisions, including a non-compete through 12 months post-termination, (i) 24 months of salary continuation, (ii) if earned at or above minimum, then the target cash bonus for the year of termination, prorated for partial year of service, and (iii) 24 months of COBRA reimbursement; and <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; • upon a qualifying change-in-control event only when the recipient is terminated without "cause" or is subject to a "constructive termination" during the 24 months following a change-in-control, subject to employment, release, and other customary provisions, including a non-compete through 12 months post-termination, (i) 300% of annualized base salary lump sum severance payment, (ii) target cash bonus for the year of termination, and (iii) 36 months of COBRA reimbursement. <br>Given his tenure with the Company, the Committee amended Mr. Koehl's severance agreement to remove the 50% reduction in severance and change-in-control benefits if Mr. Koehl's qualifying separation occurs prior to the third anniversary of his employment with the Company. <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Item 5.07**  | **Submission of Matters to a Vote of Security Holders.** | **Submission of Matters to a Vote of Security Holders.** | **Submission of Matters to a Vote of Security Holders.** | **Submission of Matters to a Vote of Security Holders.** |
|  | The Annual Meeting of Stockholders (the "Annual Meeting") of the Company, was held on Wednesday May 13, 2026. Three proposals were voted on at the Annual Meeting. The proposals are described in detail in the Proxy Statement. The final results for the votes regarding each proposal are set forth below. | The Annual Meeting of Stockholders (the "Annual Meeting") of the Company, was held on Wednesday May 13, 2026. Three proposals were voted on at the Annual Meeting. The proposals are described in detail in the Proxy Statement. The final results for the votes regarding each proposal are set forth below. | The Annual Meeting of Stockholders (the "Annual Meeting") of the Company, was held on Wednesday May 13, 2026. Three proposals were voted on at the Annual Meeting. The proposals are described in detail in the Proxy Statement. The final results for the votes regarding each proposal are set forth below. | The Annual Meeting of Stockholders (the "Annual Meeting") of the Company, was held on Wednesday May 13, 2026. Three proposals were voted on at the Annual Meeting. The proposals are described in detail in the Proxy Statement. The final results for the votes regarding each proposal are set forth below. |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. <br> The individuals listed below were elected to serve as directors of the Company until the next annual meeting of stockholders or until their successors are duly elected and qualified:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. <br> The individuals listed below were elected to serve as directors of the Company until the next annual meeting of stockholders or until their successors are duly elected and qualified:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. <br> The individuals listed below were elected to serve as directors of the Company until the next annual meeting of stockholders or until their successors are duly elected and qualified:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. <br> The individuals listed below were elected to serve as directors of the Company until the next annual meeting of stockholders or until their successors are duly elected and qualified:  |
|  | **<u>Nominee</u>** | **<u>For</u>** | **<u>Withheld</u>** | **<u>Broker Non-Votes</u>** |
|  | Dr. Benjamin S. Carson, Sr. | 21275076 | 4839681 | 1086509 |
|  | Joey B. Hogan | 25719384 | 395373 | 1086509 |
|  | D. Michael Kramer | 25610044 | 504713 | 1086509 |
|  | Bradley A. Moline | 18087472 | 8027285 | 1086509 |
|  | David R. Parker | 25532054 | 582703 | 1086509 |
|  | Rachel Parker-Hatchett | 25718628 | 396129 | 1086509 |
|  | Tracy L. Rosser | 21276907 | 4837850 | 1086509 |
|  | Herbert J. Schmidt | 25663735 | 451022 | 1086509 |
|  | W. Miller Welborn | 24854533 | 1260224 | 1086509 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. <br> The compensation of the Company's named executive officers was approved, on an advisory and non-binding basis, as follows:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. <br> The compensation of the Company's named executive officers was approved, on an advisory and non-binding basis, as follows:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. <br> The compensation of the Company's named executive officers was approved, on an advisory and non-binding basis, as follows:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. <br> The compensation of the Company's named executive officers was approved, on an advisory and non-binding basis, as follows:  |
|  | **<u>Votes For</u>** | **<u>Votes Against</u>** | **<u>Abstentions</u>** | **<u>Broker Non-Votes</u>** |
|  | 25600194 | 475165 | 39398 | 1086509 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3. <br> The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified as follows:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3. <br> The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified as follows:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3. <br> The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified as follows:  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3. <br> The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified as follows:  |
|  | **<u>Votes For</u>** | **<u>Votes Against</u>** | **<u>Abstentions</u>** | **<u>Broker Non-Votes</u>** |
|  | 27132335 | 54680 | 14251 |  |

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| | | |
|:---|:---|:---|
| **Item 8.01**  | **Other Events.**  | **Other Events.**  |
|  | On May 13, 2026, the Board declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is pursuant to a quarterly cash dividend program previously approved by the Board. The dividend is payable to stockholders of record on June 5, 2026, and is expected to be paid on June 26, 2026. <br>A copy of the press release announcing the declaration of dividends is attached to this report as Exhibit 99.1.  | On May 13, 2026, the Board declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is pursuant to a quarterly cash dividend program previously approved by the Board. The dividend is payable to stockholders of record on June 5, 2026, and is expected to be paid on June 26, 2026. <br>A copy of the press release announcing the declaration of dividends is attached to this report as Exhibit 99.1.  |
| **Item 9.01**  | **Financial Statements and Exhibits.**  | **Financial Statements and Exhibits.**  |
|  | **(d)**  | **Exhibits.**  |
|  | EXHIBIT <br> <u>NUMBER</u>  | <u>EXHIBIT DESCRIPTION</u>  |
|  | [99.1](exhibit991.htm) <br>| Covenant Logistics Group, Inc. press release announcing the declaration of a quarterly cash dividend.  |
|  | 104  | Cover Page Interactive Data File.  |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **COVENANT LOGISTICS GROUP, INC.**  | **COVENANT LOGISTICS GROUP, INC.**  |
|  | *(Registrant)*  | *(Registrant)*  |
| Date: May 15, 2026  | By:  | /s/ James S. Grant  |
|  |  | James S. Grant  |
|  |  | Executive Vice President and Chief Financial Officer  |

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## Exhibit 99.1

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Exhibit 99.1

**COVENANT LOGISTICS GROUP ANNOUNCES QUARTERLY CASH DIVIDEND**

 **CHATTANOOGA, TENNESSEE – May 15, 2026 - Covenant Logistics Group, Inc. (NYSE: CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.07 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on June 5, 2026, and is expected to be paid on June 26, 2026.** 

The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter.

**<u>About Covenant</u>**

Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. Primary services include asset- based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. In addition, Transport Enterprise Leasing is an affiliated company providing revenue equipment sales and leasing services to the trucking industry. Covenant's Class A common stock is traded on the New York Stock Exchange under the symbol, "CVLG."

For further information contact:

Paul Bunn, President

PBunn@covenantlogistics.com

Tripp Grant, Chief Financial Officer

TGrant@covenantlogistics.com

For copies of Company information contact:

#### Brooke McKenzie, Executive Administrative Assistant
BMcKenzie@covenantlogistics.com