CEO Joseph Vitiritto resigns effective June 27, 2025, to serve as consultant for one year

PAMT CORP

President and CEO Joseph A. Vitiritto resigns June 27, 2025; will serve as consultant from June 30, 2025 through June 30, 2026.
Consulting fee of $8,000/week plus one-time $10,000 cash bonus, subject to execution of release agreement.
Company waived six-month notice requirement from prior employment agreement.
Non-compete, non-solicitation, and confidentiality covenants from employment agreement remain in effect.
Consulting role is independent contractor; no employee benefits or equity vesting after resignation.

item 5.02item 9.01

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Departed

Joseph A. Vitiritto

President and Chief Executive Officer

PAMT · PAMT CORP

Effective: 2025-06-27
Filed: May 23, 2025 23:59 UTC

On May 22, 2025, PAMT CORP (the “Company”) and its President and Chief Executive Officer, Joseph A. Vitiritto, entered into a Consulting Agreement (the “Consulting Agreement”), dated May 19, 2025, under which Mr. Vitiritto will serve as a consultant to the Company for a one-year period following his resignation from his positions with the Company and its subsidiaries, which will be effective June 27, 2025.

Source: SEC EDGAR

accession 0001683168-25-003996

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