Moroun Family Restructures 76% Stake: $31.2M Share Transfer to Trust
PAMT sits 73% above its 52-week low of $7.15.
Summary
Matthew T. Moroun transferred 3,268,000 PAMT shares to a family trust for $31.2 million, financed by a 9-year note, as part of an ownership succession plan.
Key Events · Ownership and Investor Activity · PAMT
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3.27M Share Transfer to Family Trust
Matthew T. Moroun sold 3,268,000 shares to the 2020 Lindsay Moroun Trust for $31,226,000 ($9.555/share) on September 3, 2026.
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Seller-Financed via 9-Year Note
The trust issued a $31,226,000 promissory note to Moroun at 4.26% interest, payable monthly through September 2, 2035 — no cash at closing.
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Ownership Succession Purpose
The filing states the transaction was effected for ownership succession purposes, consolidating beneficial ownership under the trust.
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Grantor Trust Exits 5% Ownership
The Moroun Grantor Trust ceased to be a 5% beneficial owner on August 18, 2026, after transferring shares to Matthew T. Moroun.
Analysis · PAMT · Energy & Transportation
Matthew T. Moroun sold 3,268,000 shares to the 2020 Lindsay Moroun Trust for $31.2 million at $9.555 per share — a 23% discount to today's $12.39 price, though the price was set by an independent appraiser using the September 3 market average with a block-trade discount. The transaction is part of an ownership succession plan and shifts beneficial ownership within the Moroun family, with the trust now holding 74.9% of the company. The seller financed the purchase via a 9-year promissory note at 4.26% interest, meaning no cash changed hands at closing. This is a related-party transaction that consolidates control under the trust structure while keeping Matthew T. Moroun as trustee with investment power.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PAMT was trading at $12.39 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $249.8M. The 52-week trading range was $7.15 to $17.75. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.