Covenant Logistics Sets 2026 Executive Bonus Targets Up to 100% of Salary

Reuters

2025/12/23

Covenant Logistics Sets 2026 Executive Bonus Targets Up to 100% of Salary

Covenant Logistics Group Inc. has approved a new short-term cash incentive plan for its named executive officers, effective January 1, 2026. Under the 2026 Senior Executive Bonus Program, bonus targets are set as a percentage of year-end annualized base salary: David R. Parker and M. Paul Bunn at 100%, James S. Grant at 70%, and Dustin Koehl and Joey Ballard at 60%. Executives may earn up to 150% of their bonus target based on adjusted earnings per share goals, and up to 25% of their bonus target for achieving certain strategic projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Covenant Logistics Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001008886-25-000323), on December 22, 2025, and is solely responsible for the information contained therein.

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