1 unchanged sentence
Evaluation of Disclosure Controls and Procedures
−Removed: Our management, with the participation of our chief executive officer and chief financial officer, evaluated the effectiveness of our disclosure controls and procedures pursuant to Rule 13a-15 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
+Added: Our management, with the participation of our chief executive officer and our principal financial officer, evaluated the effectiveness of our disclosure controls and procedures pursuant to Rule 13a-15 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
In designing and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.
In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints and that management is required to apply its judgment in evaluating the benefits of possible controls and procedures relative to their costs.
−Removed: Based on management’s evaluation, our chief executive officer and chief financial officer concluded that, as of December 31, 2024, our disclosure controls and procedures are designed at a reasonable assurance level and are effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosure.
+Added: Based on management’s evaluation, our chief executive officer and our principal financial officer concluded that, as of December 31, 2025, our disclosure controls and procedures are designed at a reasonable assurance level and are effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our chief executive officer and our principal financial and accounting officer, as appropriate, to allow timely decisions regarding required disclosure.
Changes in Internal Control Over Financial Reporting
15 unchanged sentences
Opinion on internal control over financial reporting
−Removed: We have audited the internal control over financial reporting of PAMT CORP (formerly known as P.A.M.
−Removed: Transportation Services, Inc) (a Delaware corporation) and subsidiaries (the “Company”) as of December 31, 2024, based on criteria established in the 2013 Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”).
+Added: We have audited the internal control over financial reporting of PAMT CORP (a Nevada corporation) and subsidiaries (the “Company”) as of December 31, 2025, based on criteria established in the 2013 Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”).
In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2025, based on criteria established in the 2013 Internal Control — Integrated Framework issued by COSO.
20 unchanged sentences
Other Information.
−Removed: Not Applicable
+Added: During the three months ended December 31, 2025, none of our directors or officers adopted or terminated a “Rule 10b5 - 1 trading arrangement” or “non-Rule 10b5 - 1 trading arrangement,” as each term is defined in Item 408 (a) of Regulation S-K.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.
21 unchanged sentences
future issuance under
−Removed: equity compensation
−Removed: plans (excluding
−Removed: securities reflected in
+Added: equity compensation plans
+Added: (excluding securities
+Added: reflected in column (a)
Equity Compensation Plans approved by Security Holders
18 unchanged sentences
Description of Exhibit
−Removed: Asset Purchase Agreement by and among Metropolitan Trucking, Inc., Metropolitan Freight Management, Inc., Kiwi Leasing, LLC, Hoya Leasing, LLC, Mangino Holding Corp., Met Express, Inc.
−Removed: and Costar Equipment, Inc., dated June 14, 2022 (incorporated by reference to Exhibit 2.1 of the Company’s Current Report on Form 8-K filed on June 17.
−Removed: Plan of Conversion (incorporated by reference to Exhibit 2.1 of the Company’s Current Report on Form 8-K, filed on November 12, 2024)
Articles of Incorporation of PAMT CORP (incorporated by reference to Exhibit 3.1 of the Company’s Current Report on Form 8-K, filed on November 12, 2024)
Bylaws of PAMT CORP (incorporated by reference to Exhibit 3.2 of Company’s Current Report on Form 8-K, filed on November 12, 2024)
−Removed: Description of Capital Stock of the Registrant
−Removed: Employment Agreement between the Registrant and Joseph A.
−Removed: Vitiritto, dated August 4, 2020 (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K filed on August 5, 2020)
−Removed: Employment Agreement between the Registrant and Lance K.
−Removed: Stewart, dated July 7, 2023 (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K filed on July 13, 2023)
−Removed: Form of Indemnification Agreement (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K filed on August 2, 2023)
+Added: Description of Capital Stock of PAMT CORP
+Added: Amended and Restated Employment Agreement between PAMT CORP and Lance K.
+Added: Stewart, dated August 4, 2025 (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K filed on September 10, 2025)
+Added: Employment Agreement between P.A.M.
+Added: Transport, Inc.
+Added: and Daniel Kleine, dated August 11, 2025 (incorporated by reference to Exhibit 10.2 of the Company’s Current Report on Form 8-K filed on September 10, 2025)
+Added: Consulting Agreement between PAMT CORP and Joseph A.
+Added: Vitiritto, dated May 19, 2025 (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K filed on May 23, 2025)
+Added: Form of Amended and Restated Indemnification Agreement (incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K filed on May 12, 2025)
2014 Amended and Restated Stock Option and Incentive Plan (incorporated by reference to Appendix A to the Company’s Definitive Proxy Statement on Schedule 14A filed on April 23, 2014)
13 unchanged sentences
Fifth Amended and Restated Guaranty Agreement of the Company, dated January 25, 2019, in favor of First Tennessee Bank National Association (incorporated by reference to Exhibit 4.7 to the Company’s Current Report on Form 8-K filed on January 31, 2019)
−Removed: Insider Trading Policy of the Registrant
+Added: Insider Trading Policy of the Registrant (incorporated by reference to Exhibit 19.1 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed on March 12, 2025)
Subsidiaries of the Registrant
3 unchanged sentences
Section 1350 Certifications of Chief Executive Officer and Chief Financial Officer
−Removed: Clawback Policy of the Registrant
+Added: Clawback Policy of the Registrant (incorporated by reference to Exhibit 97.1 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed on March 12, 2025)
Inline XBRL Instance Document
5 unchanged sentences
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
−Removed: * The disclosures schedules and exhibits in the Asset Purchase Agreement have been omitted pursuant to Item 605(a)(5) of Regulation S-K.
−Removed: The Company hereby agrees to furnish supplementally a copy of any omitted disclosure schedule or schedule to the SEC upon request.
(1) Management contract or compensatory plan or arrangement.
1 unchanged sentence
March 12, 2026
−Removed: /s/ J OSEPH A.
President and Chief Executive Officer
2 unchanged sentences
March 12, 2026
−Removed: /s/ M ICHAEL D.
+Added: /s/ Michael D.
BISHOP, Director
9 unchanged sentences
March 12, 2026
−Removed: /s/ F RANKLIN H.
+Added: /s/ Franklin H.
MCLARTY, Director
March 12, 2026
−Removed: P ETE M ONTAÑO
PETE MONTAÑO, Director
March 12, 2026
−Removed: /s/ M ATTHEW T.
+Added: /s/ Matthew J.
MOROUN, Director
March 12, 2026
−Removed: /s/ M ATTHEW T.
+Added: /s/ Matthew T.
MOROUN, Director and Chairman of the Board
March 12, 2026
−Removed: /s/ J OSEPH A.
President and Chief Executive Officer
1 unchanged sentence
March 12, 2026
−Removed: /s/ L ANCE K.
−Removed: Vice President-Finance, Chief Financial Officer
−Removed: and Treasurer
+Added: /s/ Daniel C.
+Added: Vice President-Finance and Treasurer
(principal financial and accounting officer)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.