{"schema_version":"secwatch.filing_event.v1","accession":"0001008886-25-000103","form_type":"8-K","ticker":"CVLG","cik":"0000928658","company_name":"COVENANT LOGISTICS GROUP, INC.","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.862298+00:00","generated_at":"2026-05-23T08:50:28.697071+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Covenant Q1 adjusted EPS $0.32 (vs $0.42); revenue $269M; $50M buyback authorized","bullets":["Q1 adjusted EPS $0.32 (down from $0.42 YoY); GAAP EPS $0.24; total revenue $269.4M; freight revenue $243.2M.","Adjusted operating income $10.9M (down from $14.8M); adjusted operating ratio 95.5% vs 94.0%.","Board approved $50M stock repurchase program with no expiration date; open market or private transactions allowed.","CEO David Parker and President Paul Bunn take 10% salary reductions effective May 1 for 12 months; bonuses unchanged.","Completed small tuck-in acquisition of multi-stop distribution carrier, expected accretive; net capex guidance $55-65M."],"urls":{"canonical":"https://secwatch.observer/filing/0001008886-25-000103","json":"https://secwatch.observer/filing/0001008886-25-000103.json","markdown":"https://secwatch.observer/filing/0001008886-25-000103.md","text":"https://secwatch.observer/filing/0001008886-25-000103.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/928658/000100888625000103/0001008886-25-000103-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/928658/000100888625000103/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T08:50:28.697071+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"}