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Insider Cluster (3 insiders) ·Filed May 27, 2026

CVLG

COVENANT LOGISTICS GROUP, INC.
NEUTRAL
Impact 3/10
Horizonimmediate Processed4mo ago
Insider cluster: 2 insiders, $643K total
Actionable Insight • Neutral

This cluster is routine and non-informative. The sales are small relative to market cap and the CFO's transactions are non-discretionary. No trading signal — monitor upcoming quarterly earnings for any fundamental changes.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d ⚠ clustered
CVLG ▼ -15.06% at T+60d
NEUTRAL call -15.06% · α vs SPY -16.18% · entry $41.84 → $35.54
Entry = T+0 close
Jun 1, 2026
via day close
T+1d
+0.60%
call +0.60% · α +1.32%
$42.09
settled 5mo ago
T+5d
+7.74%
call +7.74% · α +10.70%
$45.08
settled 5mo ago
T+20d
+7.14%
call +7.14% · α +8.71%
$44.83
settled 4mo ago
T+60d
-15.06%
call -15.06% · α -16.18%
$35.54
settled 2mo ago

Price Chart

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Executive Summary

Two CVLG insiders sold a combined $643K in open-market sales over a 3-day window, while the CFO exercised options and surrendered shares for tax withholding. The sales represent ~0.06% of market cap, well below the 0.1% materiality threshold, and are likely routine liquidity/vesting-related transactions. No bearish signal from this cluster given the small dollar amount relative to company size and the presence of non-informative derivative exercises.

Key Financial Metrics

Direction
selling
Total Value
$643.0K
Insiders
3

Key Facts

  • Director Joey B. Hogan sold 12,800 shares at $39.18 for $502K on 2026-05-27
  • EVP Joey Ballard sold 3,718 shares at $38.00 for $141K on 2026-05-26
  • CFO James S. Grant III exercised 18,030 options at $0 and $7.885, then surrendered 10,430 shares for $413K in tax withholding
  • Total open-market sales of $643K represent ~0.06% of CVLG's $999M market cap
  • No C-suite open-market sales — the CFO's transactions were non-cash derivative exercises and mandatory tax withholding

Financial Impact

Total insider sales of $643K, or ~0.06% of market cap — immaterial relative to company size

Risk Factors

  • Insider sales could accelerate if management sees headwinds in the trucking cycle
  • CFO's option exercise may indicate upcoming larger sales if shares continue to appreciate

Market Snapshot

Exchange
NYSE
Sector
Trucking (No Local)
Analyst Consensus
78% bullish (9 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CVLG-1780346528056
18 reports for CVLG
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CVLG — sortable, filterable
TypeNow
Oct 2, 2026
23d ago
Press Release
NEUTRAL ★ 1/10
$33.19awaiting T+60—$29.20 (−12.01%)
Aug 17, 2026
9w ago
8-K
NEUTRAL ★ 2/10
$34.05awaiting T+60—$29.20 (−14.23%)
Jul 2, 2026
16w ago
Press Release
NEUTRAL ★ 1/10
$43.94 $32.71▼ −25.56%▼ −29.13%$29.20 (−33.53%)
Jun 26, 2026
17w ago
Court Ruling
NEUTRAL ★ 2/10
$45.34 $34.15▼ −24.68%▼ −28.30%$29.20 (−35.59%)
Jun 23, 2026
17w ago
8-K
NEUTRAL ★ 2/10
$42.82 $34.00▼ −20.60%▼ −23.44%$29.20 (−31.80%)
Jun 5, 2026
20w ago
Press Release
NEUTRAL ★ 2/10
$43.52 $35.35▼ −18.77%▼ −22.77%$29.20 (−32.89%)
Jun 1, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$41.84 $35.54▼ −15.06%▼ −16.18%$29.20 (−30.20%)
May 27, 2026
21w ago
Insider Cluster
NEUTRAL ★ 3/10
$41.84 $35.54▼ −15.06%▼ −16.18%$29.20 (−30.20%)
May 27, 2026
21w ago
Insider Cluster
NEUTRAL ★ 3/10
$39.49 $35.20▼ −10.85%▼ −12.59%$29.20 (−26.04%)
May 15, 2026
23w ago
8-K
NEUTRAL ★ 3/10
$35.21 $34.09▼ −3.19%▼ −8.04%$29.20 (−17.06%)
Showing 10 of 18

US Market Status

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Report published Jun 1, 2026