---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005216"
form_type: "8-K"
ticker: "PAMT"
cik: "0000798287"
company_name: "PAMT CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:40:28.770876+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# PAM Transportation adopts exclusive forum bylaw and standard D&O indemnification

## Summary
- Board approved form of indemnification agreement for directors and officers, effective July 27, 2023.
- Agreement requires indemnification to fullest extent under Delaware law and maintenance of D&O insurance.
- Bylaw amendment designates Delaware Chancery Court as exclusive forum for internal corporate claims.
- Bylaw amendment also designates federal district court as exclusive forum for Securities Act claims.
- Bylaw amendment updates list of corporate officers in Article III, Section 1.

## SEC filing metadata
- accession: 0001683168-23-005216
- form_type: 8-K
- ticker: PAMT
- cik: 0000798287
- company_name: PAMT CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798287/000168316823005216/0001683168-23-005216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798287/000168316823005216/pam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005216
- JSON: https://secwatch.observer/filing/0001683168-23-005216.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005216.txt

## Key facts
- Governance Changes
  PAMT CORP: Adopted a fourth amendment to the Amended and Restated By-Laws adding exclusive forum provisions for certain corporate law matters and federal securities act claims, and clarifying/updating listed corporate officers (effective 2023-07-27).
  - Change: bylaw amendment
  - Effective: 2023-07-27
  source text: On July 27, 2023, the Board of the Company adopted a fourth amendment (the “Bylaw Amendment”) to the Company’s Amended and Restated By-Laws, as amended (the “Bylaws”). The Bylaw Amendment adds a new Article XIII of the Bylaws which provides that, unless the Company consents in writing to the selection of an alternative forum, (a) the Court of Chancery of the State of Delaware (or, if the Court of Chancery of the State of Delaware lacks subject matter jurisdiction, the federal district court for the District of Delaware) will be the sole and exclusive forum for certain corporate law matters and actions or proceedings asserting an “internal corporate claim,” as that term is defined in Section 115 of the Delaware General Corporation Law, and (b) the federal district courts of the United States of America will be exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities Act of 1933, as amended. The Bylaw Amendment also clarifies and update
  evidence_url: https://www.sec.gov/Archives/edgar/data/798287/000168316823005216/0001683168-23-005216-index.htm

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