---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-24-000330"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T06:03:15.354653+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Covenant Logistics declares 2-for-1 stock split; approves 2025 executive bonus targets

## Summary
- 2-for-1 stock split: record date Dec 20, 2024, distribution Dec 31, 2024; split-adjusted trading begins Jan 2, 2025.
- Each holder of Class A and Class B common stock receives one additional share per share held; no change in rights.
- 2025 bonus targets: CEO David Parker and COO M. Paul Bunn each 100% of base salary; CFO James Grant 70%.
- Executives eligible for up to 150% of target based on adjusted EPS goals; 25% based on strategic equipment, safety, IT projects.
- Stock dividend does not affect voting or other stockholder rights.

## SEC filing metadata
- accession: 0001008886-24-000330
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888624000330/0001008886-24-000330-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888624000330/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-24-000330
- JSON: https://secwatch.observer/filing/0001008886-24-000330.json
- Plain text: https://secwatch.observer/filing/0001008886-24-000330.txt

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