---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-004849"
form_type: "8-K"
ticker: "PAMT"
cik: "0000798287"
company_name: "PAMT CORP"
filed_at: "2023-07-13T23:59:59+00:00"
generated_at: "2026-06-13T09:12:11.459608+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PAM Transportation: Stewart named CFO with $378,560 salary; West separation includes $1.25M bonus

## Summary
- Lance Stewart appointed CFO under new employment agreement with annual base salary of $378,560.
- Former CFO Allen West resigned effective June 8, 2023; receives $1.25M cash bonus in five semi-annual installments.
- West also gets monthly consulting fee of $35,771.67 for one year and company repurchases his shares at closing price.
- Non-compete/non-solicit: Stewart 24 months; West 12 months; confidentiality obligations continue.

## SEC filing metadata
- accession: 0001683168-23-004849
- form_type: 8-K
- ticker: PAMT
- cik: 0000798287
- company_name: PAMT CORP
- filed_at: 2023-07-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798287/000168316823004849/0001683168-23-004849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798287/000168316823004849/pam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-004849
- JSON: https://secwatch.observer/filing/0001683168-23-004849.json
- Plain text: https://secwatch.observer/filing/0001683168-23-004849.txt

## Key facts
- Executive change
  Allen W. West resigned as Chief Financial Officer at PAMT CORP.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On July 10, 2023, the Company entered into a Separation and Consulting Agreement (the “Separation and Consulting Agreement”), dated as of July 7, 2023, with the Company’s former Chief Financial Officer, Allen W. West, who resigned from the Company effective June 8, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798287/000168316823004849/0001683168-23-004849-index.htm

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