David Ray Parker
Net Worth
Last updated:
What is David Ray Parker net worth?
The estimated net worth of Mr. David Ray Parker is at least $85,089,839 as of 27 Feb 2024. He owns shares worth $4,206,342 as insider, has earned $57,343,497 from insider trading and has received compensation worth at least $23,540,000 in Covenant Logistics Group, Inc..
What is the salary of David Ray Parker?
Mr. David Ray Parker salary is $1,070,000 per year as Chairman & Chief Executive Officer in Covenant Logistics Group, Inc..
How old is David Ray Parker?
Mr. David Ray Parker is 67 years old, born in 1958.
What stocks does David Ray Parker currently own?
As insider, Mr. David Ray Parker owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Covenant Logistics Group, Inc. (CVLG) | Chairman & Chief Executive Officer | 174,537 | $24.1 | $4,206,342 |
What does Covenant Logistics Group, Inc. do?
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
David Ray Parker insider trading
Covenant Logistics Group, Inc.
Mr. David Ray Parker has made 43 insider trades between 2003-2024, according to the Form 4 filled with the SEC. Most recently he sold 1,812 units of CVLG stock worth $93,947 on 27 Feb 2024.
The largest trade he's ever made was exercising 1,000,000 units of CVLG stock on 13 Nov 2003. As of 27 Feb 2024 he still owns at least 174,537 units of CVLG stock.
Covenant Logistics Group key executives
Covenant Logistics Group, Inc. executives and other stock owners filed with the SEC:
- Mr. David Ray Parker (67) Chairman & Chief Executive Officer
- Mr. Joey B. Hogan (63) Pres & Principal Financial Officer
- Mr. John A. Tweed (59) Advisor to Chief Executive Officer
- Mr. M. Paul Bunn (47) Senior Executive Vice President & Chief Operating Officer
- Mr. Samuel F. Hough (59) Executive Vice President of Expedited Operations