---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-26-000133"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2026-05-15T21:25:13+00:00"
generated_at: "2026-05-15T21:28:32.963947+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Covenant Logistics declares $0.07 quarterly dividend; exec comp changes approved

## Summary
- Quarterly cash dividend of $0.07 per share, payable June 26, 2026 to holders of record June 5, 2026.
- Comp Committee approved 2026 LTIP target awards totaling $6.825M for five NEOs; half performance-based, half time-based.
- Base salaries raised for Tripp Grant, Dustin Koehl, and Joey Ballard to $455K, $455K, and $400K respectively, effective July 6, 2026.
- Grant and Ballard severance agreements amended to align with Koehl's: 24-month salary continuation and enhanced change-in-control benefits.
- All nine director nominees elected, advisory say-on-pay passed with 97% support, and Grant Thornton LLP ratified as auditor.

## SEC filing metadata
- accession: 0001008886-26-000133
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2026-05-15T21:25:13+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888626000133/0001008886-26-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888626000133/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-26-000133
- JSON: https://secwatch.observer/filing/0001008886-26-000133.json
- Plain text: https://secwatch.observer/filing/0001008886-26-000133.txt

## Key facts
- Shareholder Votes
  COVENANT LOGISTICS GROUP, INC. shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-13 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-05-13
  source text: The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified as follows: Votes For Votes Against Abstentions Broker Non-Votes 27,132,335 54,680 14,251 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/928658/000100888626000133/0001008886-26-000133-index.htm
- Shareholder Votes
  COVENANT LOGISTICS GROUP, INC. shareholders approved Election of Directors at the 2026-05-13 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-05-13
  source text: The individuals listed below were elected to serve as directors of the Company until the next annual meeting of stockholders or until their successors are duly elected and qualified: Nominee For Withheld Broker Non-Votes Dr. Benjamin S. Carson, Sr. 21,275,076 4,839,681 1,086,509 Joey B. Hogan 25,719,384 395,373 1,086,509 D. Michael Kramer 25,610,044 504,713 1,086,509 Bradley A. Moline 18,087,472 8,027,285 1,086,509 David R. Parker 25,532,054 582,703 1,086,509 Rachel Parker-Hatchett 25,718,628 396,129 1,086,509 Tracy L. Rosser 21,276,907 4,837,850 1,086,509 Herbert J. Schmidt 25,663,735 451,022 1,086,509 W. Miller Welborn 24,854,533 1,260,224 1,086,509
  evidence_url: https://www.sec.gov/Archives/edgar/data/928658/000100888626000133/0001008886-26-000133-index.htm
- Shareholder Votes
  COVENANT LOGISTICS GROUP, INC. shareholders approved Advisory vote on executive compensation at the 2026-05-13 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2026-05-13
  source text: The compensation of the Company’s named executive officers was approved, on an advisory and non-binding basis, as follows: Votes For Votes Against Abstentions Broker Non-Votes 25,600,194 475,165 39,398 1,086,509
  evidence_url: https://www.sec.gov/Archives/edgar/data/928658/000100888626000133/0001008886-26-000133-index.htm

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