M. Paul Bunn compensation by year
COVENANT LOGISTICS Summary Compensation Table · all 6 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Salary | $294,996 | $382,116 | $412,471 | $537,959 | $618,467 | $654,901 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $133,400 | $354,007 | $399,991 | $900,008 | $1,000,019 | $1,000,001 |
| Option awards | $1,309,342 | $492,375 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $97,500 | $476,806 | $602,458 | $328,133 | $647,368 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $19,172 | $11,543 | $25,774 | $36,643 | $5,116 | $13,744 |
| Total | $1,854,410 | $1,716,847 | $1,440,694 | $1,802,743 | $2,270,970 | $1,668,646 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: COVENANT LOGISTICS GROUP, INC. DEF 14A filed April 10, 2026, accession 0001437749-26-011971, and prior-year filings. Open the filing on EDGAR.
How this page was built: the COVENANT LOGISTICS GROUP, INC. filed document, accession 0001437749-26-011971. Every figure is read from that document and cited to the page and table it appears in. Filed April 10, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 13,744 | $1,668,646 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in COVENANT LOGISTICS GROUP, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments COVENANT LOGISTICS discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Retirement | — | $2,302,519 | — | $2,302,519 |
| Involuntary termination without cause | $1,450,190 | — | — | $1,450,190 |
| Death | — | $2,302,519 | — | $2,302,519 |
| Change in control and involuntary termination | $2,875,285 | $3,246,845 | — | $6,622,130 |
| Disability | — | $2,302,519 | — | $2,302,519 |
Per the Potential Payments Upon Termination or Change in Control table in COVENANT LOGISTICS GROUP, INC.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
COVENANT LOGISTICS’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| David Parker | CEO and Chairman of the Board | $1,794,678 |
| M. Paul Bunn · this page | President | $1,668,646 |
| Tripp Grant | EVP and CFO | $941,998 |
| Dustin Koehl | EVP and COO | $878,919 |
| Joey Ballard | EVP and CPSO | $802,007 |
The full COVENANT LOGISTICS compensation record
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are COVENANT LOGISTICS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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