Matthew T. Moroun, a Director and 10% Owner of PAMT CORP (PAMT), executed a significant purchase of the company's stock on September 3, 2026. Moroun acquired 3,268,000 shares at a price of $9.56 per share, representing a total investment of approximately $31.24 million.
This transaction marks a notable insider buy, as large purchases by company insiders are frequently interpreted as a signal of confidence in the company's future performance. The substantial size of this acquisition underscores Moroun's commitment to PAMT CORP.
The filing also shows a corresponding sell transaction of the same number of shares and value on the same date, which could be related to tax planning or portfolio diversification strategies.