{"schema_version":"secwatch.filing_event.v1","accession":"0001008886-22-000139","form_type":"8-K","ticker":"CVLG","cik":"0000928658","company_name":"COVENANT LOGISTICS GROUP, INC.","filed_at":"2022-09-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.685767+00:00","generated_at":"2026-06-23T06:35:57.923279+00:00","sec_items":["5.02","7.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Covenant Logistics amends CFO severance, closes CA terminal sale for $43.5M with $37.5M gain","bullets":["Amended CFO Tripp Grant's severance: salary continuation increased to 9 months (from 6); COBRA extended to 18 months.","Change-in-control severance doubled to 200% of base salary; COBRA extended to 24 months from 12.","Closed sale of California terminal for ~$43.5M net cash; expects pretax gain of ~$37.5M.","Pro forma leverage ratio at June 30 would be 0.13; tangible book value per share ~$18.46.","Annual Southern California operating costs expected to decrease by ~$500,000 with no service disruption."],"urls":{"canonical":"https://secwatch.observer/filing/0001008886-22-000139","json":"https://secwatch.observer/filing/0001008886-22-000139.json","markdown":"https://secwatch.observer/filing/0001008886-22-000139.md","text":"https://secwatch.observer/filing/0001008886-22-000139.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/928658/000100888622000139/0001008886-22-000139-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/928658/000100888622000139/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T06:35:57.923279+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}