Sundar PichaiSundar Pichai earned $164M in 2023

David R. Parker is the CEO of Covenant Logistics Group, a trucking and logistics company he founded back in 1985. With a background in business administration, he has helped grow the company into a significant player in the transportation sector....

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David R. Parker

Founder and CEO of Covenant Logistics Group

Education

Bachelor's degree in Business Administration from the University of Tennessee

Field of Expertise

Transportation & Logistics - Transportation

Sector of Economy

Industrials

Born

June 15, 1952 - 72 years ago

CEO of Covenant Logistics Group for

31 years 5 months (Jan 1994 - Present)

Previous Experience

Founder of Covenant Transport, Inc.

Rivals

Competitors/colleagues of David R. Parker

Holdings

See how much did David R. Parker make over time.

David R. Parker has a significant stake in Covenant Logistics Group, with ownership reflecting around 36.9% of the total shares. His insider trading numbers have shown considerable activity, hitting peaks like $159 million, showcasing his belief in the company’s direction...

Mar 18, 2025

Total Stock Sold

$9.54M

CVLG

$9.54M

370,000 CVLG shares

What if they kept their stock?

If David R. Parker didn't sell their stock, today they would have:
Extra CVLG370,000 shares worth $2.80M.
This is -70.65% and $6.74M less than what they got when they sold the stock.

Charitable Transactions

CVLG

2,419,000 shares

CVLG

Recent Charitable Transactions

CVLG

9,500 shares

CVLG

Nov 4, 2024

Charity

CVLG

1,000,000 shares

CVLG

Jul 22, 2020

Charity

CVLG

100,000 shares

CVLG

Oct 30, 2020

Charity

CVLG

100,000 shares

CVLG

Aug 18, 2020

Charity

Insider Trading

See recent insider trades of David R. Parker.

CVLG

9,500 shares

CVLG

Nov 4, 2024

Charity

CVLG

$1.13M

CVLG at $51.43/share

Feb 27, 2024

Sale

CVLG

$6.10M

CVLG at $51.70/share

Feb 22, 2024

Sale

CVLG

$2.37M

CVLG at $52.56/share

Feb 16, 2024

Sale

CVLG

53,325 shares

CVLG

Dec 31, 2022

Charity

CVLG

133,656 shares

CVLG

Dec 31, 2021

Charity

CVLG

1,000,000 shares

CVLG

Jul 22, 2020

Charity

CVLG

79,113 shares

CVLG

Jul 22, 2020

Charity

CVLG

$495.84K

CVLG at $13.66/share

Oct 30, 2020

Purchase

CVLG

100,000 shares

CVLG

Oct 30, 2020

Charity

Compensation History

See how much did David R. Parker make over time.

In 2023, David R. Parker's total compensation was $1,332,949, which consists mainly of a base salary and performance bonuses. His salary was $804,710, and he received a bonus of $502,944, intended to reward him based on the company's financial performance. Notably, he didn't receive any stock awards in 2023, as it aligns with his existing significant stock ownership. This structure indicates he favors methods that tie his earnings closely to the company's success. Over the years, his compensation has been carefully tied to performance goals, such as earnings per share and operational efficiencies, further illustrating his commitment to driving value for shareholders.

Year

2023

Total Compensation

$1.39M

Salary

$804.71K

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with company goals and stockholder interests, with a focus on attracting and retaining top talent.

Bonus

$502.94K

Board Justification

Eligible for cash bonuses under the 2023 Senior Executive Bonus Program based on performance metrics including Adjusted EPS and operational goals.

Other

$79.30K

Board Justification

Includes perquisites such as personal use of a corporate aircraft, club fees, and contributions to his 401(k) account.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Parker in 2023 due to his significant existing stock ownership.

Performance Metrics

Performance metrics for 2023 included Adjusted EPS goals and operational performance targets.