secwatch.observer — SEC 8-K summary
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Issuer:     COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK:        0000928658
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001008886-25-000134
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Covenant Logistics approves LTI plan, increases authorized shares, declares $0.07 dividend
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- Comp committee approved 2025 Long-Term Incentive Plan; CEO $2.5M cash, CFO $1M, others $500K-$400K in RSUs.
- All 9 director nominees elected; advisory say-on-pay passed with 98% support (24.4M for).
- Stockholders approved amendment to increase authorized Class A & B common shares (25.6M for, 3.1M against).
- Quarterly dividend of $0.07 per share declared, payable June 27 to holders of record June 6, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928658/000100888625000134/0001008886-25-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928658/000100888625000134/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001008886-25-000134

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