CVLG · Covenant Logistics Group, Inc. · Executive Compensation

$32.82 -0.63 (-1.88%) At close · Nov 12 Play latest call Q4 2025 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$833.62M

25.40M

Volume · Nov 12 170.62K Avg daily vol (3M) 203.93K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David R. Parker	CEO and Chairman of the Board	$753,021	$666,666	—	—	$100,000	$274,991	$1,794,678
David Parker	CEO and Chairman of the Board	$753,021	$666,666	—	—	$100,000	$274,991	$1,794,678
M. Paul Bunn	President	$654,901	—	$1,000,001	—	—	$13,744	$1,668,646
Tripp Grant	EVP and CFO	$425,069	—	$500,001	—	—	$16,928	$941,998
Dustin Koehl	EVP and COO	$425,006	—	$450,005	—	—	$3,908	$878,919
Joey Ballard	EVP and CPSO	$360,069	—	$400,010	—	$25,000	$16,928	$802,007

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
M. Paul Bunn	President	$618,467	—	$1,000,019	—	$647,368	$5,116	$2,270,970
David R. Parker	CEO and Chairman of the Board	$804,710	$250,000	—	—	$827,690	$157,197	$2,039,597
David Parker	CEO and Chairman of the Board	$804,710	$250,000	—	—	$827,690	$157,197	$2,039,597
Tripp Grant	EVP and CFO	$405,486	—	$499,986	—	$300,232	$4,908	$1,210,612
Dustin Koehl	COO	$261,542	—	$399,988	—	$235,879	$8,898	$906,307
Joey Ballard	EVP – People & Safety	$348,239	—	$299,992	—	$224,838	$6,742	$879,811

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
M. Paul Bunn	President	$537,959	—	$900,008	—	$328,133	$36,643	$1,802,743
Joey B. Hogan	Former President	$329,273	—	$94,994	—	—	$1,028,820	$1,453,087
David Parker	CEO and Chairman of the Board	$799,579	—	—	—	$502,944	$79,295	$1,381,818
David R. Parker	CEO and Chairman of the Board	$799,579	—	—	—	$502,944	$79,295	$1,381,818
Tripp Grant	EVP and CFO	$364,110	—	$399,990	—	$140,689	$30,331	$935,120
Lynn Doster	EVP - Dedicated and Warehousing Operations	$414,888	—	$200,015	—	$194,529	$31,349	$840,781
Samuel F. Hough	EVP - Expedited Operations	$422,113	—	$200,015	—	$172,295	$38,786	$833,209

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David Parker	CEO and Chairman of the Board	$743,070	—	—	—	$1,293,260	$80,479	$2,116,809
David R. Parker	CEO and Chairman of the Board	$743,070	—	—	—	$1,293,260	$80,479	$2,116,809
Joey B. Hogan	Former President	$529,330	—	—	—	$909,370	$39,520	$1,478,220
M. Paul Bunn	President	$412,471	—	$399,991	—	$602,458	$25,774	$1,440,694
Samuel F. Hough	EVP - Expedited Operations	$360,509	—	$112,511	—	$314,654	$24,082	$811,756
Lynn Doster	EVP - Dedicated and Warehousing Operations	$309,721	$50,000	$112,511	—	$286,802	$15,041	$774,075
Tripp Grant	EVP and CFO	$274,129	—	$93,740	—	$308,824	$14,204	$690,897

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David Parker	CEO and Chairman of the Board	$717,168	—	—	$3,939,000	$1,087,509	$90,256	$5,833,933
David R. Parker	CEO and Chairman of the Board	$717,168	—	—	$3,939,000	$1,087,509	$90,256	$5,833,933
Joey B. Hogan	Former President	$511,535	—	$3,186,000	—	$764,697	$13,407	$4,475,639
M. Paul Bunn	President and COO	$382,116	—	$354,007	$492,375	$476,806	$11,543	$1,716,847
John A. Tweed	Former Co-President and COO	$300,548	—	$798,500	—	—	$312,462	$1,411,510
Samuel F. Hough	EVP - Expedited Operations	$349,284	—	$96,427	—	$355,160	$13,194	$814,065
Lynn Doster	EVP - Dedicated and Warehousing Operations	$297,075	—	—	—	$135,190	$4,895	$437,160
Tripp Grant	EVP and CFO	$208,682	—	—	—	$153,244	$6,673	$368,599

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John A. Tweed	Former Co-President and COO	$397,697	—	$1,334,000	—	$250,000	$109,376	$2,091,073
M. Paul Bunn	President and COO	$294,996	—	$133,400	$1,309,342	$97,500	$19,172	$1,854,410
David R. Parker	CEO and Chairman of the Board	$626,970	—	—	—	$337,500	$106,495	$1,070,965
David Parker	CEO and Chairman of the Board	$626,970	—	—	—	$337,500	$106,495	$1,070,965
Samuel F. Hough	EVP - Expedited Operations	$321,280	—	—	$436,448	$91,520	$20,894	$870,142
Richard Cribbs	Former SVP of Strategy & Investor Relations, Treasurer	$242,231	—	—	—	—	$592,169	$834,400
Joey B. Hogan	EVP	$441,831	—	—	—	$250,000	$24,093	$715,924

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David Parker	CEO and Chairman of the Board	$675,002	—	$224,230	—	—	$54,310	$953,542
David R. Parker	CEO and Chairman of the Board	$675,002	—	$224,230	—	—	$54,310	$953,542
Joey B. Hogan	President and PFO	$475,010	—	$180,624	—	—	$23,697	$679,331
John A. Tweed	Former Co-President and COO	$348,118	—	$99,653	—	$203,500	$20,668	$671,939
Samuel F. Hough	EVP- Expedited Operations	$328,600	—	$84,710	—	—	$25,198	$438,508
Richard Cribbs	Former SVP of Strategy & Investor Relations, Treasurer	$314,388	—	$97,165	—	—	$22,173	$433,762

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David Parker	CEO and Chairman of the Board	$641,850	—	$311,758	—	$945,000	$69,477	$1,968,085
David R. Parker	CEO and Chairman of the Board	$641,850	—	$311,758	—	$945,000	$69,477	$1,968,085
Joey B. Hogan	President and PFO	$448,735	—	$276,487	—	$617,500	$23,675	$1,366,397
John A. Tweed	Advisor to the CEO	$162,665	—	$349,088	—	$324,730	$4,500	$840,983
Richard Cribbs	Former SVP of Strategy & Investor Relations, Treasurer	$291,425	$40,000	$98,800	—	$310,000	$22,461	$762,686

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
David Parker	CEO and Chairman of the Board	$590,000	—	$278,623	—	$103,250	$127,726	$1,099,599
David R. Parker	CEO and Chairman of the Board	$590,000	—	$278,623	—	$103,250	$127,726	$1,099,599
Joey B. Hogan	Co-President and CAO	$425,000	—	$232,186	—	$69,063	$22,717	$748,966
Samuel F. Hough	EVP- Highway Services	$295,000	—	$130,021	—	$73,013	$18,709	$516,743
Richard Cribbs	SVP of Strategy & Investor Relations, Treasurer	$275,000	—	$130,021	—	$34,375	$18,352	$457,748

Executive changes

Person	Role	Change	Effective	Filed
W. Miller Welborn	director	Appointed	2026-05-13	2026-05-15
Tracy L. Rosser	director	Appointed	2026-05-13	2026-05-15
Rachel Parker-Hatchett	director	Appointed	2026-05-13	2026-05-15
Herbert J. Schmidt	director	Appointed	2026-05-13	2026-05-15
D. Michael Kramer	director	Appointed	2026-05-13	2026-05-15
Bradley A. Moline	director	Appointed	2026-05-13	2026-05-15
David R. Parker	director	Appointed	2026-05-13	2026-05-15
Joey B. Hogan	director	Appointed	2026-05-13	2026-05-15
Dr. Benjamin S. Carson, Sr.	director	Appointed	2026-05-13	2026-05-15
James "Tripp" S. Grant	principal accounting officer	Appointed	2025-08-12	2025-08-15
Matisse Long	Chief Accounting Officer	Resigned	2025-08-11	2025-08-15
Samuel F. Hough	Executive Vice President – Expedited Operations	Retired	2024-12-31	2024-12-30
Dustin Koehl	Chief Operating Officer	Appointed	2024-05-13	2024-04-29
Lynn Doster	Executive Vice President – Dedicated and Warehousing Operations	Retired	2024-12-31	2024-04-04
Matisse Long	Chief Accounting Officer	Appointed	2024-01-05	2024-01-11
Joey B. Hogan	employee and officer	Retired	2023-06-30	2023-05-22
Joey B. Hogan	member of the Board	Appointed	2023-05-17	2023-05-22
Joey B. Hogan	employee	Retired	2023-06-30	2023-04-14
Paul Bunn	President and Chief Operating Officer	Appointed	2023-01-01	2022-10-20

Leadership

David Parker CEO
David R. Parker CEO, Board Member
James "Tripp" Grant CFO
M. Paul Bunn CFO
Tripp Grant CFO, Chief Accounting Officer
Dustin Koehl COO
Paul Bunn COO
James "Tripp" S. Grant Chief Accounting Officer
Matisse Long Chief Accounting Officer
Richard Cribbs Head of Investor Relations
Bradley A. Moline Board Member
D. Michael Kramer Board Member
Dr. Benjamin S. Carson, Sr. Board Member
Herbert J. Schmidt Board Member
Joey B. Hogan Board Member
Rachel Parker-Hatchett Board Member
Robert E. Bosworth Board Member
Tracy L. Rosser Board Member
W. Miller Welborn Board Member

Key facts CIK 928658 CUSIP 22284P105 13F (30d) 106 filings 93 filers Visit website Investor relations