Lal Rohit 4
4 · Proficient Auto Logistics, Inc · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Proficient Auto Logistics (PAL) Director Lal Rohit Buys 10,000 Shares
What Happened
Lal Rohit, a director of Proficient Auto Logistics, acquired 10,000 common shares on 2026-03-16. The reported transaction is coded as a purchase (P) at $6.38 per share, for a total cash outlay of $63,800. This was an outright purchase (buy), which is generally viewed as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely filing).
- Transaction type/code: P = Purchase (filing notes "open market or private purchase").
- Price and amount: 10,000 shares at $6.38 per share; total value $63,800.
- Shares owned after transaction: not specified in the provided filing details.
- No footnotes, 10b5-1 plan, tax-withholding, or derivative exercise were reported in the supplied summary.
Context
- Purchases by directors can signal confidence but do not prove future performance; they are one data point among many.
- This report reflects an outright purchase, not an option exercise, gift, or sale.
- Filing was timely (submitted the day after the reported trade), so there’s no late-filing flag to note.
Insider Transaction Report
Form 4
Lal Rohit
Director
Transactions
- Purchase
Common Stock
2026-03-16$6.38/sh+10,000$63,800→ 20,000 total
Signature
/s/ Bradley J. Wright, as attorney-in-fact|2026-03-17