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        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 18pt; font-weight: bold;">UNITED STATES</div>

        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>

        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Washington, D.C.&#160;20549</div>

        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">___________________________________________________________________</div>

        <div><br />
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        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 18pt; font-weight: bold;">FORM <ix:nonNumeric name="dei:DocumentType" id="Fact_4bb597be0d904e88a18737a59731c8d8" contextRef="c20221205to20221205">8-K</ix:nonNumeric></div>

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        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">CURRENT REPORT</div>

        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>

        <div><br />
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        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 12pt;">Date of Report (Date of earliest event reported):</div>

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        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">___________________________________________________________________</div>

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        <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(Exact name of registrant as specified in its charter)</div>

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                  <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">of incorporation)</div>
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                  <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(IRS Employer</div>
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                <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">(Address of principal executive offices)</div>
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    <td style="width: 48.1%; vertical-align: bottom;">
                <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">(Zip Code)</div>
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        <div><span style="font-size: 11pt;">&#160;</span> <span style="font-size: 11pt;">&#160;</span></div>

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        <div><span style="font-size: 10pt;"> &#160; &#160;</span></div>

        <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
          following provisions:</div>

        <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
          <div><span style="font-size: 11pt;">&#160;</span></div>

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    <td style="width: 10.32%; vertical-align: bottom; text-align: center;"> <span style="font-size: 11pt;"><span style="font-size: 10pt;"><ix:nonNumeric name="dei:WrittenCommunications" id="Fact_725d359f7bb8447d9b312fed29130fbf" contextRef="c20221205to20221205" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric><br />
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    <td style="width: 89.68%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
                </td>

  </tr>

  <tr>

    <td style="width: 10.32%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</div>
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    <td style="width: 89.68%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</div>
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    <td style="width: 10.32%; vertical-align: bottom; text-align: center;"> <span style="font-size: 11pt;"><span style="font-size: 10pt;"><ix:nonNumeric name="dei:SolicitingMaterial" id="Fact_dbb274e6e437451fb7acbe8bf0ae27c4" contextRef="c20221205to20221205" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric><br />
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    <td style="width: 89.68%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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  <tr>

    <td style="width: 10.32%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</div>
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    <td style="width: 89.68%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</div>
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    <td style="width: 10.32%; vertical-align: bottom; text-align: center;"> <span style="font-size: 11pt;"><span style="font-size: 10pt;"><ix:nonNumeric name="dei:PreCommencementTenderOffer" id="Fact_166585cf82e64b04a877a6e1287b01dd" contextRef="c20221205to20221205" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric><br />
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    <td style="width: 89.68%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"><span style="font-size: 10pt;">Pre-commencement communications pursuant to</span> <span style="font-size: 10pt;">Rule 14d-2(b) under the Exchange
                      Act (17 CFR 240.14d-2(b))</span></div>
                </td>

  </tr>

  <tr>

    <td style="width: 10.32%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</div>
                </td>

    <td style="width: 89.68%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</div>
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    <td style="width: 10.32%; vertical-align: bottom; text-align: center;"> <ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" id="Fact_c8dede7114d448b5b63c0d2bd5de0de9" contextRef="c20221205to20221205" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric>&#160; </td>

    <td style="width: 89.68%; vertical-align: bottom;">
                  <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
                </td>

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          <div><span style="font-size: 11pt;">&#160;</span></div>

          <div><span style="font-size: 11pt;"><span style="font-size: 10pt;">Securities registered pursuant to Section 12(b) of the Act:</span><br />
            </span> </div>

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            <div><span style="font-size: 11pt;">&#160;</span></div>

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                    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Title of each class</div>
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                    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Trading Symbol(s)</div>
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                    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Name of each exchange on which registered</div>
                  </td>

  </tr>

  <tr>

    <td style="width: 34.1%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); text-align: center; font-size: 10pt;"><ix:nonNumeric name="dei:Security12bTitle" id="Fact_a9b2b8bf1c3e4b888bffd7a7363f792d" contextRef="c20221205to20221205">$0.01 Par Value Class A common stock</ix:nonNumeric><br />
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    <td style="width: 31.22%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
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                  </td>

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            <div><span style="font-size: 11pt;">&#160;</span> &#160; </div>

            <div>
              <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; text-align: left;">Indicate by check mark whether the registrant is an emerging growth company&#160;as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this
                chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>

              <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left;"> <br />
              </div>

              <div style="text-align: left; margin-bottom: 10pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
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  <tr>

    <td style="width: 10.32%; vertical-align: top; font-size: 10pt;">&#160;</td>

    <td style="width: 89.68%; vertical-align: bottom;">
                        <div style="text-align: right; text-indent: 332.8pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Emerging growth company&#160; <span style="text-indent: 0pt;"><ix:nonNumeric name="dei:EntityEmergingGrowthCompany" id="Fact_85190f2a80a4404ca4217a9d94323ce3" contextRef="c20221205to20221205" format="ixt-sec:boolballotbox">&#x2610;</ix:nonNumeric></span></div>
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  </tr>

  <tr>

    <td style="width: 10.32%; vertical-align: bottom; font-size: 10pt;">&#160;</td>

    <td style="width: 89.68%; vertical-align: bottom; font-size: 10pt;">&#160;</td>

  </tr>

  <tr>

    <td colspan="2" style="width: 100%; vertical-align: top;">
                        <div style="text-align: justify; font-family: 'Times New Roman',Times,serif; font-size: 10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
                          complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160; [&#160;&#160;&#160;]</div>
                      </td>

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</table>
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                    <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" /></div>

                </div>

                <div>
                  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">


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    <td style="width: 12.03%; vertical-align: top;">
                          <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Item 5.02</div>
                        </td>

    <td style="width: 87.97%; vertical-align: top;">
                          <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
                            Arrangements of Certain Officers.</div>
                        </td>

  </tr>

  <tr>

    <td style="width: 12.03%; vertical-align: top;" rowspan="1">&#160;</td>

    <td style="width: 87.97%; vertical-align: top;" rowspan="1">&#160;</td>

  </tr>

  <tr>

    <td style="width: 12.03%; vertical-align: top;" rowspan="1">&#160;</td>

    <td style="width: 87.97%; vertical-align: top;" rowspan="1">
                          <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; text-align: justify;">On December 5, 2022, the Compensation Committee (the &#8220;Committee&#8221;) of the Board of Directors (the &#8220;Board&#8221;) of Covenant
                            Logistics Group, Inc., a Nevada corporation (the &#8220;Company&#8221;), approved new annualized base salaries for certain of the Company&#8217;s named executive officers as follows:</div>
                        </td>

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                  <div> <br />
                  </div>

                  <div>
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    <td style="width: 52.09%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">&#160;<span style="text-decoration: underline;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Named Executive Officer</span></span></div>
                          </td>

    <td style="width: 47.91%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;"><span style="text-decoration: underline;">New Annualized Salary</span></div>
                          </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">M. Paul Bunn</div>
                          </td>

    <td style="width: 47.91%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">$500,000</div>
                          </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Joey Hogan</div>
                          </td>

    <td style="width: 47.91%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">$250,000</div>
                          </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Lynn Doster</div>
                          </td>

    <td style="width: 47.91%; vertical-align: top;">
                            <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">$365,000</div>
                          </td>

  </tr>


</table>
                  </div>

                  <div> <br />
                  </div>

                  <div>
                    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">


  <tr>

    <td style="width: 12.03%; vertical-align: top;" rowspan="1">&#160;</td>

    <td style="width: 87.97%; vertical-align: top;" rowspan="1">
                            <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left;">
                              <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The salary changes for Mr. Bunn and Ms. Doster will be effective January 1, 2023 and were approved by the Committee in connection
                                with their recent promotions and increased responsibility within the Company. The salary change for Mr. Hogan will be effective July 1, 2023 and was made connection with his transition to a new role in 2023 as Executive Vice
                                President focused on strategic planning, mentoring the leadership team, government relations, and other special projects.</div>
                              <div><br />
                              </div>
                              <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; text-align: justify;">On December 5, 2022, the Committee also approved the 2023 cash short-term incentive plan for David Parker, M. Paul Bunn,
                                Joey Hogan, James Grant, Samuel Hough, and Lynn Doster (the &#8220;2023 Executive Bonus Program&#8221;). Under the 2023 Executive Bonus Program, the bonus targets, expressed as a percentage of year-end annualized base salary, are as
                                follows:</div>
                            </div>
                          </td>

  </tr>


</table>
                    <div> <br />
                    </div>

                    <div>
                      <table cellspacing="0" cellpadding="0" border="0" style="width: 50%; color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; margin-left: auto; margin-right: auto;">


  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;"><span style="text-decoration: underline;">Named Executive Officer</span></div>
                            </td>

    <td style="width: 47.91%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;"><span style="text-decoration: underline;">Bonus Target</span></div>
                            </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">David Parker</div>
                            </td>

    <td style="width: 47.91%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">100.0%</div>
                            </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">M. Paul Bunn</div>
                            </td>

    <td style="width: 47.91%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">100.0%</div>
                            </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Joey Hogan</div>
                            </td>

    <td style="width: 47.91%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">50.0%*</div>
                            </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">James Grant</div>
                            </td>

    <td style="width: 47.91%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">60.0%</div>
                            </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Samuel Hough</div>
                            </td>

    <td style="width: 47.91%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">55.0%</div>
                            </td>

  </tr>

  <tr>

    <td style="width: 52.09%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Lynn Doster</div>
                            </td>

    <td style="width: 47.91%; vertical-align: top;">
                              <div style="text-align: center; margin-right: 4.5pt; margin-left: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">55.0%</div>
                            </td>

  </tr>


</table>
                      <div> <br />
                      </div>

                      <div>
                        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">


  <tr>

    <td style="width: 12.03%; vertical-align: top;" rowspan="1">&#160;</td>

    <td style="width: 87.97%; vertical-align: top;" rowspan="1">
                                <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left;">
                                  <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">*Mr. Hogan&#8217;s bonus target will be 100.0% of his base salary for the first half of 2023 and then will decrease to 50.0% of his
                                    base salary for the second half of the 2023.</div>
                                  <div><br />
                                  </div>
                                  <div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: justify;">Under the 2023 Executive Bonus Program, Messrs. Parker, Hogan, Bunn, and Grant are eligible to earn up to 150% of their bonus
                                    target upon the attainment of certain consolidated adjusted earnings per share goals and up to 25% of their bonus target upon the attainment of certain strategic projects relating to equipment, driver retention, and
                                    information technology. Mr. Hough and Ms. Doster are eligible to earn up to 100% of their bonus target upon the attainment of certain consolidated adjusted earnings per share goals, up to 55% of their bonus target upon
                                    the attainment of certain business unit performance goals, and up to 20% of their bonus target upon the attainment of a certain key strategic project relating to driver retention for their respective business units.</div>
                                </div>
                              </td>

  </tr>


</table>
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                        </div>

                        <div>
                          <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">SIGNATURE</div>

                          <div><br />
                          </div>

                          <div style="text-align: justify; text-indent: 24pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
                            be signed on its behalf by the undersigned hereunto duly authorized.</div>

                          <div><br />
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    <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>

    <td style="width: 61.64%; vertical-align: bottom;" colspan="2">
                                  <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">COVENANT LOGISTICS GROUP, INC.</div>
                                </td>

  </tr>

  <tr>

    <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>

    <td style="width: 11.12%; vertical-align: bottom;">
                                  <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">(Registrant)</div>
                                </td>

    <td style="width: 50.53%; vertical-align: bottom;">&#160;</td>

  </tr>

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    <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>

    <td style="width: 11.12%; vertical-align: bottom;">&#160;</td>

    <td style="width: 50.53%; vertical-align: bottom;">&#160;</td>

  </tr>

  <tr>

    <td style="width: 38.36%; vertical-align: bottom; padding-bottom: 1px;">
                                  <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Date: December 6, 2022</div>
                                </td>

    <td style="width: 11.12%; vertical-align: bottom; padding-bottom: 1px;">
                                  <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">By:</div>
                                </td>

    <td style="width: 50.53%; vertical-align: bottom; border-bottom: 1px solid rgb(0, 0, 0);">
                                  <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">/s/ James S. Grant</div>
                                </td>

  </tr>

  <tr>

    <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>

    <td style="width: 11.12%; vertical-align: bottom;">&#160;</td>

    <td style="width: 50.53%; vertical-align: bottom;">
                                  <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">James S. Grant</div>
                                </td>

  </tr>

  <tr>

    <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>

    <td style="width: 11.12%; vertical-align: bottom;">&#160;</td>

    <td style="width: 50.53%; vertical-align: bottom;">
                                  <div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Executive Vice President and Chief Financial Officer</div>
                                </td>

  </tr>


</table>
                        </div>

                      </div>

                    </div>

                  </div>

                </div>

              </div>

            </div>

          </div>

        </div>

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{"company-data": {"conformed-name": "COVENANT LOGISTICS GROUP, INC.", "cik": "0000928658", "assigned-sic": "4213", "irs-number": "880320154", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-24960", "film-number": "221448427"}, "business-address": {"street1": "400 BIRMINGHAM HIGHWAY", "city": "CHATTANOOGA", "state": "TN", "zip": "37419", "phone": "4238211212"}, "mail-address": {"street1": "400 BIRMINGHAM HIGHWAY", "city": "CHATTANOOGA", "state": "TN", "zip": "37419"}, "former-company": [{"former-conformed-name": "COVENANT TRANSPORTATION GROUP INC", "date-changed": "20070522"}, {"former-conformed-name": "COVENANT TRANSPORT INC", "date-changed": "19940818"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________________________________
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 5, 2022
___________________________________________________________________
COVENANT LOGISTICS GROUP, INC.
(Exact name of registrant as specified in its charter)
Nevada
000-24960
88-0320154
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
400 Birmingham Hwy
,
Chattanooga
,
TN
37419
(Address of principal executive offices)
(Zip Code)
(
423
)
821-1212
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
          following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange
                      Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
$0.01 Par Value Class A common stock
CVLG
The NASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
                chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
                          complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   [   ]
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
                            Arrangements of Certain Officers.
On December 5, 2022, the Compensation Committee (the "Committee") of the Board of Directors (the "Board") of Covenant
                            Logistics Group, Inc., a Nevada corporation (the "Company"), approved new annualized base salaries for certain of the Company's named executive officers as follows:
Named Executive Officer
New Annualized Salary
M. Paul Bunn
$500,000
Joey Hogan
$250,000
Lynn Doster
$365,000
The salary changes for Mr. Bunn and Ms. Doster will be effective January 1, 2023 and were approved by the Committee in connection
                                with their recent promotions and increased responsibility within the Company. The salary change for Mr. Hogan will be effective July 1, 2023 and was made connection with his transition to a new role in 2023 as Executive Vice
                                President focused on strategic planning, mentoring the leadership team, government relations, and other special projects.
On December 5, 2022, the Committee also approved the 2023 cash short-term incentive plan for David Parker, M. Paul Bunn,
                                Joey Hogan, James Grant, Samuel Hough, and Lynn Doster (the "2023 Executive Bonus Program"). Under the 2023 Executive Bonus Program, the bonus targets, expressed as a percentage of year-end annualized base salary, are as
                                follows:
Named Executive Officer
Bonus Target
David Parker
100.0%
M. Paul Bunn
100.0%
Joey Hogan
50.0%*
James Grant
60.0%
Samuel Hough
55.0%
Lynn Doster
55.0%
*Mr. Hogan's bonus target will be 100.0% of his base salary for the first half of 2023 and then will decrease to 50.0% of his
                                    base salary for the second half of the 2023.
Under the 2023 Executive Bonus Program, Messrs. Parker, Hogan, Bunn, and Grant are eligible to earn up to 150% of their bonus
                                    target upon the attainment of certain consolidated adjusted earnings per share goals and up to 25% of their bonus target upon the attainment of certain strategic projects relating to equipment, driver retention, and
                                    information technology. Mr. Hough and Ms. Doster are eligible to earn up to 100% of their bonus target upon the attainment of certain consolidated adjusted earnings per share goals, up to 55% of their bonus target upon
                                    the attainment of certain business unit performance goals, and up to 20% of their bonus target upon the attainment of a certain key strategic project relating to driver retention for their respective business units.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
                            be signed on its behalf by the undersigned hereunto duly authorized.
COVENANT LOGISTICS GROUP, INC.
(Registrant)
Date: December 6, 2022
By:
/s/ James S. Grant
James S. Grant
Executive Vice President and Chief Financial Officer