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

Reuters
Dec 23, 2025
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.

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