---
title: "Covenant Logistics adds 6 months salary, COBRA benefits for executives with 18-month retirement notice"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295280336.md"
description: "Covenant Logistics Group amended severance agreements on Aug. 7, 2026, to provide executives with 6 months of salary continuation and COBRA reimbursement upon voluntary separation or retirement, provided they give at least 18 months' written notice. The package includes a 12-month non-compete clause. Executives covered include M. Paul Bunn, James Grant, Dustin Koehl, and Joey Ballard. Change-in-control benefits remained unchanged."
datetime: "2026-08-07T21:28:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295280336.md)
  - [en](https://longbridge.com/en/news/295280336.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295280336.md)
generator: "portal-rs"
---

# Covenant Logistics adds 6 months salary, COBRA benefits for executives with 18-month retirement notice

-   Covenant Logistics Group amended severance agreements on Aug. 7, 2026 to add benefits tied to retirement or voluntary separation. \* Executives who give at least 18 months’ written notice would receive 6 months of salary continuation, subject to customary conditions. \* The package also includes 6 months of COBRA reimbursement, with a non-compete running through 12 months post-separation. \* The amended agreements cover M. Paul Bunn, James “Tripp” Grant, Dustin Koehl, Joey Ballard. \* Change-in-control or qualifying severance benefits under the agreements were not revised. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Covenant Logistics Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001008886-26-000203), on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**