PAMT CORP shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for 2026 at the 2026-04-30 meeting.
“Item 5.07 Submission of Matters to a Vote of Security Holders. The Company held its Annual Meeting of Shareholders on April 30, 2026, at which nine directors were elected to serve as the Board of Directors until the next Annual Meeting of Shareholders, the compensation of the named executive officers of the Company for 2025 was approved, and the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the calendar year 2026 was ratified by the Company’s shareholders. Final vote tabulations are indicated below: (1) Election of nine director nominees to serve until the date of the next Annual Meeting of Stockholders: Votes For Votes Withheld Broker Non-Votes Michael D. Bishop 19,037,997 461,246 682,515 Frederick P. Calderone 17,126,035 2,373,208 682,515 W. Scott Davis 18,832,328 666,915 682,515 Edwin J. Lukas 17,125,741 2,373,502 682,515 Franklin H. McLarty 19,030,516 468,727 682,515 H. Pete Montaño 19,038,297 460,946 682,515 Matthew J. Moroun”
Shareholder Votes
PAMT CORP shareholders approved Advisory vote to approve named executive officer compensation for 2025 at the 2026-04-30 meeting.
“Item 5.07 Submission of Matters to a Vote of Security Holders. The Company held its Annual Meeting of Shareholders on April 30, 2026, at which nine directors were elected to serve as the Board of Directors until the next Annual Meeting of Shareholders, the compensation of the named executive officers of the Company for 2025 was approved, and the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the calendar year 2026 was ratified by the Company’s shareholders. Final vote tabulations are indicated below: (1) Election of nine director nominees to serve until the date of the next Annual Meeting of Stockholders: Votes For Votes Withheld Broker Non-Votes Michael D. Bishop 19,037,997 461,246 682,515 Frederick P. Calderone 17,126,035 2,373,208 682,515 W. Scott Davis 18,832,328 666,915 682,515 Edwin J. Lukas 17,125,741 2,373,502 682,515 Franklin H. McLarty 19,030,516 468,727 682,515 H. Pete Montaño 19,038,297 460,946 682,515 Matthew J. Moroun”
Shareholder Votes
PAMT CORP shareholders approved Election of nine director nominees to serve until the date of the next Annual Meeting of Stockholders at the 2026-04-30 meeting.
“Item 5.07 Submission of Matters to a Vote of Security Holders. The Company held its Annual Meeting of Shareholders on April 30, 2026, at which nine directors were elected to serve as the Board of Directors until the next Annual Meeting of Shareholders, the compensation of the named executive officers of the Company for 2025 was approved, and the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the calendar year 2026 was ratified by the Company’s shareholders. Final vote tabulations are indicated below: (1) Election of nine director nominees to serve until the date of the next Annual Meeting of Stockholders: Votes For Votes Withheld Broker Non-Votes Michael D. Bishop 19,037,997 461,246 682,515 Frederick P. Calderone 17,126,035 2,373,208 682,515 W. Scott Davis 18,832,328 666,915 682,515 Edwin J. Lukas 17,125,741 2,373,502 682,515 Franklin H. McLarty 19,030,516 468,727 682,515 H. Pete Montaño 19,038,297 460,946 682,515 Matthew J. Moroun”
Earnings Releases
PAMT CORP reported first quarter ended March 31, 2026 results: revenue $141.9 million, net income $0.01 million, EPS $0.00.
“Exhibit 99.1 PAMT CORP ANNOUNCES RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2026 AND SHARE REPURCHASE IMPLEMENTATION First Quarter 2026 Summary Results ● Total revenues of $141.9 million ● Operating loss of $0.3 million ● Operating ratio of 100.2% ● Net loss of $0.01 million ● Diluted loss per share of $0.00 Tontitown, Arkansas, May 1, 2026...... PAMT CORP”
Joseph A. Vitiritto resigned as President and Chief Executive Officer at PAMT CORP.
“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.”
Matthew T. Moroun was appointed as interim President and Chief Executive Officer at PAMT CORP.
“On May 8, 2025, the Board of Directors of the Company appointed Matthew T. Moroun, Chairman of the Company’s Board of Directors, to serve as interim President and CEO of the Company, effective June 27, 2025, until a permanent President and CEO is selected.”
Joseph A. Vitiritto resigned as President and Chief Executive Officer at PAMT CORP.
“On May 8, 2025, Joseph A. Vitiritto, President and Chief Executive Officer (“CEO”) of PAMT CORP (the “Company”), notified the Company that he intends to resign his positions with the Company, effective June 27, 2025, for family reasons.”
Governance Changes
PAMT CORP: Company adopted new Bylaws (Nevada Bylaws) in connection with redomestication from Delaware to Nevada (effective 2024-11-07).
“the affairs of the Company ceased to be governed by the Delaware General Corporation Law and the Company’s existing Amended and Restated Certificate of Incorporation, as amended, and Second Amended and Restated By-Laws, and instead became governed by the Nevada Revised Statutes, the Nevada Articles and the Nevada Bylaws”
Governance Changes
PAMT CORP: Company changed its state of incorporation from Delaware to Nevada and adopted new Articles of Incorporation, increasing authorized shares from 50,000,000 to 100,000,000 (effective 2024-11-07).
“On November 7, 2024, the Company effected the Redomestication by filing, among other things, Articles of Domestication and the Nevada Articles of PAMT CORP with the Secretary of State of the State of Nevada”
Governance Changes
PAMT CORP: Redomestication from Delaware to Nevada, adopting new Nevada Articles and Bylaws, and increasing authorized common stock from 50M to 100M shares (effective 2024-11-07).
“On November 7, 2024, the Company effected the Redomestication by filing, among other things, Articles of Domestication and the Nevada Articles of PAMT CORP with the Secretary of State of the State of Nevada, as well as a Certificate of Conversion with the Secretary of State of the State of Delaware.”
Earnings Releases
PAMT CORP reported first quarter ended March 31, 2024 results: revenue $182.6 million, net income $0.3 million, EPS $0.01.
“Exhibit 99.1 P.A.M. TRANSPORTATION SERVICES, INC. ANNOUNCES RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024 First Quarter 2024 Summary Results ● Total revenues of $182.6 million, down 17.6% YoY ● Operating loss of $0.7 million ● Operating ratio of 100.4% ● Diluted EPS of $0.01 Tontitown, Arkansas, April 18, 2024...... P.A.M. Transportation Services, Inc.”
Governance Changes
PAMT CORP: Board adopted Second Amended and Restated By-Laws effective February 15, 2024, updating and modernizing provisions including remote shareholder meetings, proxy rules, advance notice procedures, universal proxy rules, and special meeting requests (effective 2024-02-15).
“On February 15, 2024, the Board of Directors (the “Board”) of P.A.M. Transportation Services, Inc. (the “Company”) approved and adopted the Second Amended and Restated By-Laws of the Company (the “Bylaws”), effective immediately.”
Earnings Releases
PAMT CORP reported the year ended December 31, 2023 results: revenue $810.8 million, net income consolidated net income of $18.4 million, EPS diluted and basic earnings per share of $0.83.
“the fourth quarter of 2023 compared to $237.6 million for the fourth quarter of 2022. For the year ended December 31, 2023, consolidated operating revenues decreased 14.4% to $810.8 million compared to $946.9 million for the year ended December 31, 2022. Joe Vitiritto, President of the Company, commented, “Our consolidated operating results for the three and twelve”
Earnings Releases
PAMT CORP reported the quarter ended December 31, 2023 results: revenue $180.2 million, net income consolidated net loss of $2.2 million, EPS diluted and basic loss per share of $0.10.
“99.1 P.A.M. TRANSPORTATION SERVICES, INC. ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2023 Fourth Quarter 2023 Summary Results ● Total revenues of $180.2 million, down 24.2% YoY ● Operating loss of $0.8 million ● Operating ratio of 100.4% ● Diluted loss per share of $0.10 Tontitown, Arkansas, February 1, 2024...... P.A.M. Transportation”
Earnings Releases
PAMT CORP reported the third quarter ended September 30, 2023 results: revenue $201.5 million, net income $6.1 million, EPS $0.28.
“Exhibit 99.1 P.A.M. TRANSPORTATION SERVICES, INC. ANNOUNCES RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023 Third Quarter 2023 Summary Results ● Total revenues of $201.5 million, down 20.2% YoY ● Operating income of $8.8 million, down 75.1% YoY ● Operating ratio of 95.6% ● Diluted EPS of $0.28, down 74.3% YoY Tontitown, Arkansas, October 18, 2023......”
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).
“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”
Earnings Releases
PAMT CORP reported the second quarter ended June 30, 2023 results: revenue $207.4 million, net income $9.3 million, EPS $0.42.
“P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net income of $9.3 million, or diluted and basic earnings per share of $0.42, for the quarter ended June 30, 2023. These results compare to consolidated net income of $24.2 million, or diluted earnings per share of $1.08 ($1.09 basic), for the quarter ended June 30, 2022. Consolidated operating revenues decreased 12.6% to $207.4 million for the second quarter of 2023 compared to $237.2 million for the second quarter of 2022.”
Allen W. West resigned as Chief Financial Officer at PAMT CORP.
“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.”
Shareholder Votes
PAMT CORP shareholders approved Proposal to ratify Grant Thornton LLP as the Company's independent registered public accounting firm for 2023 at the 2023-04-27 meeting.
“Proposal to ratify Grant Thornton LLP as the Company's independent registered public accounting firm for 2023: Votes For Votes Against Abstentions Broker Non-Votes 21,499,803 77,113 339 0”
Shareholder Votes
PAMT CORP shareholders approved Proposal to approve, on a non-binding advisory vote basis, the frequency of future advisory votes on named executive officer compensation at the 2023-04-27 meeting.
“Proposal to approve, on a non-binding advisory vote basis, the frequency of future advisory votes on named executive officer compensation. Votes For 1 Year Votes for 2 Years Votes for 3 Years Abstain Broker Non-Votes 2,753,182 10,797 16,927,406 79,348 1,806,522”
Shareholder Votes
PAMT CORP shareholders approved Proposal to approve, on a non-binding advisory vote basis, named executive officer compensation for 2022 at the 2023-04-27 meeting.
“Proposal to approve, on a non-binding advisory vote basis, named executive officer compensation for 2022: Votes For Votes Against Abstentions Broker Non-Votes 19,558,216 132,272 80,245 1,806,522”
Shareholder Votes
PAMT CORP shareholders approved Election of nine director nominees to serve until the next Annual Meeting of Stockholders at the 2023-04-27 meeting.
“Election of nine director nominees to serve until the date of the next Annual Meeting of Stockholders: Votes For Votes Withheld Broker Non-Votes Michael D. Bishop 19,021,769 748,964 1,806,522 Frederick P. Calderone 16,553,098 3,217,635 1,806,522 W. Scott Davis 18,821,749 948,984 1,806,522 Edwin J. Lukas 16,606,385 3,164,348 1,806,522 Franklin H. McLarty 19,019,364 751,369 1,806,522 H. Pete Montaño 19,022,168 748,565 1,806,522 Matthew J. Moroun 16,457,595 3,313,138 1,806,522 Matthew T. Moroun 15,955,955 3,814,778 1,806,522 Joseph A. Vitiritto 16,472,736 3,297,997 1,806,522”
Earnings Releases
PAMT CORP reported first quarter ended March 31, 2023 results: revenue $221.7 million, net income $5.2 million, EPS $0.23.
“First Quarter 2023 Summary Results ● Total revenues of $221.7 million, up 1.0% YoY ● Operating income of $8.5 million, down 72.9% YoY; non-GAAP adjusted operating income of $18.5 million, down 46.7% YoY ● Operating ratio of 96.2%, an increase of 1050 bps YoY; non-GAAP adjusted operating ratio of 90.4%, an increase of 810 bps YoY ● Diluted EPS of $0.23, down 78.3% YoY; non-GAAP adjusted diluted EPS of $0.57, down 51.7% YoY Tontitown, Arkansas, April 24, 2023...... P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) ("the Company") today reported net income of $5.2 million, or diluted earnings per share of $0.23 ($0.24 basic), for the quarter ended March 31, 2023.”
Lance K. Stewart was appointed as Vice President of Finance, Chief Financial Officer and Treasurer at PAMT CORP.
“On April 3, 2023, the Board of Directors of P.A.M. Transportation Services, Inc. (the “Company”) appointed Lance K. Stewart to serve as the Company’s Vice President of Finance, Chief Financial Officer (“CFO”) and Treasurer, effective immediately.”
Lance K. Stewart was appointed as interim Chief Financial Officer and Treasurer at PAMT CORP.
“On March 13, 2023, the Board of Directors of the Company appointed Lance K. Stewart to serve as interim CFO and Treasurer of the Company effective immediately until a permanent CFO is selected.”
Allen W. West resigned as Chief Financial Officer at PAMT CORP.
“On March 8, 2023, Allen W. West, Vice President of Finance, Chief Financial Officer (“CFO”), Secretary and Treasurer of P.A.M. Transportation Services, Inc. (the “Company”) notified the Company that he intends to resign his positions with the Company.”
Earnings Releases
PAMT CORP reported the year ended December 31, 2022 results: revenue $946.9 million, net income $90.7 million, EPS diluted earnings per share of $4.04 ($4.08 basic).
“the fourth quarter of 2022 compared to $213.9 million for the fourth quarter of 2021. For the year ended December 31, 2022, consolidated operating revenues increased 33.9% to $946.9 million compared to $707.1 million for the year ended December 31, 2021. Joe Vitiritto, President of the Company, commented, “I am proud of our team’s results and how we navigated 2022’s”
Earnings Releases
PAMT CORP reported the quarter ended December 31, 2022 results: revenue $237.6 million, net income $18.0 million, EPS diluted and basic earnings per share of $0.81.
“the quarter ended December 31, 2022 was $24.0 million, or adjusted (non-GAAP) diluted and basic earnings per share of $1.08. Consolidated operating revenues increased 11.1% to $237.6 million for the fourth quarter of 2022 compared to $213.9 million for the fourth quarter of 2021. For the year ended December 31, 2022, consolidated operating revenues increased 33.9% to”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.