SEC Filing Summary: Covenant Transport, Inc. (8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Covenant Transport, Inc. (Nasdaq: CVTI) on June 8, 2004, reporting events occurring as of June 1, 2004. The registrant is a Nevada corporation headquartered in Chattanooga, Tennessee.
Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity figures. Item 12 (Results of Operations and Financial Condition) is marked as not applicable.
Material Changes
The primary material event disclosed is a change in the retirement plan provider for the Covenant Transport, Inc. Profit Sharing & 401(k) Plan. SunTrust is being replaced by Diversified Investment Advisors, Inc., effective July 1, 2004.
Outlook, Risks, and Unusual Items
Blackout Period: A temporary suspension of trading under the employee benefit plan has been announced.
- Effective Dates: Commences after the close of business on June 30, 2004, and is scheduled to end during the week of July 25, 2004.
- Restrictions: Plan participants cannot direct investments, make allocations, or request distributions. Directors and executive officers are restricted from purchasing, selling, or transferring shares of the registrant's Class A common stock.
- Notification: Written notices were mailed on May 28, 2004, with a supplemental notice provided on June 8, 2004.
Key Facts for Investor Verification
- Confirm the exact start and end dates of the trading blackout period by contacting Diversified Investment Advisors, Inc.
- Verify the impact of the provider change on 401(k) investment options and fees.
- Note that no financial results or operational updates were included in this specific filing.