---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-22-000153"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2022-12-06T23:59:59+00:00"
generated_at: "2026-06-21T09:22:17.514597+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Covenant Logistics approves salary increases, 2023 bonus plan for named executives

## Summary
- M. Paul Bunn salary raised to $500K, Lynn Doster to $365K effective Jan 1, 2023; Joey Hogan to $250K effective July 1, 2023 with new EVP role.
- 2023 bonus targets: Parker 100%, Bunn 100%, Hogan 50% (100% first half), Grant 60%, Hough 55%, Doster 55% of base salary.
- Top executives eligible for up to 150% of bonus target based on adjusted EPS; Hough and Doster also tied to business unit performance and driver retention.

## SEC filing metadata
- accession: 0001008886-22-000153
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2022-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888622000153/0001008886-22-000153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888622000153/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-22-000153
- JSON: https://secwatch.observer/filing/0001008886-22-000153.json
- Plain text: https://secwatch.observer/filing/0001008886-22-000153.txt

## Key facts
- Executive change
  Joey Hogan changed role as Executive Vice President at COVENANT LOGISTICS GROUP, INC..
  - Action: transitioned to new role
  - Role: Executive Vice President
  source text: The salary change for Mr. Hogan will be effective July 1, 2023 and was made connection with his transition to a new role in 2023 as Executive Vice President focused on strategic planning, mentoring the leadership team, government relations, and other special projects.
  evidence_url: https://www.sec.gov/Archives/edgar/data/928658/000100888622000153/0001008886-22-000153-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.