Welcome to our dedicated page for HireQuest SEC filings (Ticker: HQI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
HireQuest, Inc. SEC filings document material-event disclosures for its staffing-franchise business, including operating results, Regulation FD releases, investor presentations, non-GAAP reconciliations, dividend announcements and common-stock repurchase disclosures. The filings also record capital-structure matters tied to dividends, share repurchases and equity-related corporate actions.
HireQuest proxy filings cover governance, board matters, executive compensation and equity-award disclosures. Its 8-K reports provide formal records of financial-result releases, material agreements, capital-allocation actions and other public-company disclosure categories relevant to the company’s franchised staffing and recruiting operations.
Hagenbuch Lawrence F reported acquisition or exercise transactions in this Form 4 filing.
HireQuest, Inc. director Lawrence F. Hagenbuch reported two restricted stock awards of common stock on August 12, 2026 for board service compensation. One award covers 802 shares granted in lieu of a quarterly cash retainer, with 668 shares vesting November 12, 2026 and 134 shares vesting August 12, 2028. A second Annual Award under the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan covers 4,000 shares, vesting on June 15, 2028. Footnotes state the Nasdaq closing price of the common stock on the grant date was $16.64 per share for both awards.
Shanahan Kathleen M reported acquisition or exercise transactions in this Form 4 filing.
HireQuest, Inc. reported that director Kathleen M. Shanahan received a grant of 4,000 shares of restricted common stock as an Annual Award under the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan. These shares vest on June 15, 2028, bringing her direct holdings to 81,037 shares.
JACKSON EDWARD reported acquisition or exercise transactions in this Form 4 filing.
HireQuest, Inc. reported that director and more-than-10% shareholder Edward Jackson received two equity compensation grants of common stock on August 12, 2026. He was awarded 649 shares of restricted stock as quarterly compensation in lieu of cash board retainer, with 541 shares vesting on November 12, 2026 and 108 shares vesting on August 12, 2028. He also received an additional 4,000 restricted shares as an Annual Award under the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan, which will vest on June 15, 2028. Footnotes state the Nasdaq closing price on the grant date was $16.64 per share for both awards.
Malhotra R. Rimmy reported acquisition or exercise transactions in this Form 4 filing.
HireQuest, Inc. director R. Rimmy Malhotra reported two equity compensation grants of common stock on August 12, 2026. The grants consist of 1,036 shares of restricted stock in lieu of a quarterly cash retainer and 4,000 shares as an Annual Award under the 2019 Non-Employee Director Compensation Plan, both valued using the Nasdaq closing price of $16.64 per share on the grant date. Portions of these awards vest on November 12, 2026, June 15, 2028, and August 12, 2028. Separately, an indirect holding of 120,130 shares is reported as owned by Nicoya Fund, LLC, with Malhotra disclaiming beneficial ownership except to the extent of his pecuniary interest.
OLMSTEAD JACK A. reported acquisition or exercise transactions in this Form 4 filing.
HireQuest, Inc. granted Director Jack A. Olmstead two restricted stock awards of common stock on August 12, 2026 as compensation for board service. One award covers 811 shares in lieu of a quarterly cash retainer, with 676 shares vesting November 12, 2026 and 135 shares vesting August 12, 2028. A separate Annual Award under the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan covers 4,000 restricted shares, which vest on June 15, 2028. The footnotes state that the closing price of the common stock on Nasdaq on the grant date was $16.64 per share for both awards.
HireQuest, Inc. reported that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of common stock. The dividend is scheduled to be paid on September 15, 2026 to shareholders of record as of September 1, 2026.
The company notes that payment of this dividend is expressly conditioned on the Board not revoking the dividend before the payment date. It also states that any future dividends will require quarterly Board approval and will depend on factors such as cash flow, financial condition, legal and financing constraints, tax law changes, and other risks described in its SEC filings.
HireQuest, Inc. reported modest revenue but sharply higher profitability for the three and six months ended June 30, 2026. Quarterly revenue was $8.1 million versus $7.6 million a year earlier, while net income rose to $2.7 million from $1.1 million. For the first half, revenue was $14.6 million versus $15.1 million, but net income increased to $4.3 million from $2.4 million as selling, general and administrative expenses fell and prior-year acquisition charges did not recur.
The company completed the MRINetwork permanent placement divestiture, recognizing a $248 thousand gain and a new $635 thousand equity-method investment. It generated $1.9 million of operating cash flow from continuing operations, repurchased 226 thousand shares for $2.4 million under a $20 million buyback plan, and paid $0.12 per share in dividends year-to-date. Cash declined to $1.6 million, but HireQuest maintained access to a $50 million revolving credit facility, largely unused apart from letters of credit securing workers’ compensation obligations.
HireQuest, Inc. reported stronger profitability for the quarter and six months ended June 30, 2026, while navigating the divestiture of certain MRINetwork assets. For the second quarter, total revenue was $8.1 million, up 6.0% year over year, with franchise royalties of $7.6 million and service revenue of $513,000. Pro forma for the MRINetwork Assets Divestiture, total revenue increased 16.6% and franchise royalties rose 13.8%, reflecting underlying growth in the franchised network.
Cost discipline significantly improved margins. Second-quarter SG&A expenses declined to $4.0 million, down 31.9% from a year earlier, and workers’ compensation expense also decreased. Net income for the quarter rose to $2.7 million, or $0.19 per diluted share, from $1.1 million, or $0.08, while Adjusted EBITDA increased to $4.6 million from $3.3 million. Year-to-date net income was $4.3 million versus $2.4 million, and Adjusted EBITDA was $7.3 million versus $6.1 million.
On the balance sheet, as of June 30, 2026, cash was $1.6 million, total assets were $93.4 million, total liabilities were $24.5 million, and working capital was $35.1 million. The company reported approximately $41.0 million of availability under its line of credit, assuming continued covenant compliance. HireQuest paid a quarterly cash dividend of $0.06 per share on June 15, 2026, and states an intention to continue quarterly dividends subject to business performance and board approval.
HireQuest, Inc. President and CEO Richard Hermanns reported two insider transactions involving gifts of common stock. On April 20, 2026, he transferred a total of 400,000 shares as bona fide gifts, with no payment or consideration received.
According to the disclosures, 100,000 shares were gifted to a charitable foundation and 300,000 shares were gifted to a trust. These are non-cash, non-market transactions, meaning they do not represent open-market sales and do not generate proceeds for the insider.
HireQuest, Inc. held its 2026 Annual Meeting of Stockholders on June 18, 2026. Stockholders elected all six director nominees, with each receiving more than 10.8 million votes in favor and relatively few votes withheld, so the existing board slate continues.
Stockholders also ratified the selection of Forvis Mazars, LLP as independent registered public accounting firm and approved, on a non-binding advisory basis, the compensation of the named executive officers. Of 13,940,285 shares eligible to vote as of April 28, 2026, a total of 12,532,086 shares were represented in person or by proxy.