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HireQuest (Nasdaq: HQI) director reports restricted stock award and holdings fix

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

HireQuest director Kathleen Shanahan reported receiving 1,567 shares of restricted common stock as compensation for board service and corrected her reported shareholdings.

The restricted stock award was granted on November 7, 2025 in lieu of a quarterly cash retainer. According to the report, 1,306 of these shares vest on February 7, 2026 and 261 shares vest on November 7, 2027. The closing price of HireQuest's common stock on Nasdaq on the grant date was $9.67 per share.

After this grant and the correction of a prior transcription error, Shanahan is shown as beneficially owning 75,765 shares of HireQuest common stock held directly.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shanahan Kathleen M

(Last) (First) (Middle)
111 SPRINGHALL DRIVE

(Street)
GOOSE CREEK SC 29445

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HireQuest, Inc. [ HQI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
11/11/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/07/2025 A 1,567(1) A (2) 75,765(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of restricted stock awarded to Ms. Shanahan in her capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 1,306 of these shares vest on February 7, 2026 and 261 shares vest on November 7, 2027.
2. Shares awarded for board service. See note 1. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $9.67 per share.
3. Due to a transcription error, the number of shares beneficially owned by Ms. Shanahan following the reported transaction was misreported in the original Form 4 filing on November 11, 2025. This Form 4/A is being filed to correct that error. All remaining information on the original form is accurate.
/s/ Kathleen Shanahan 12/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider stock transaction did HireQuest (HQI) report for Kathleen Shanahan?

HireQuest reported that director Kathleen Shanahan received 1,567 shares of restricted common stock on November 7, 2025 as compensation for her board service, in lieu of a quarterly cash retainer.

How many HireQuest shares does Kathleen Shanahan beneficially own after this transaction?

Following the reported transaction and correction, Kathleen Shanahan is shown as beneficially owning 75,765 shares of HireQuest common stock held directly.

How do the restricted stock awards to HireQuest director Kathleen Shanahan vest?

Of the 1,567 restricted shares awarded to Kathleen Shanahan, 1,306 shares vest on February 7, 2026 and 261 shares vest on November 7, 2027.

What price was used for Kathleen Shanahan's HireQuest restricted stock grant?

The filing notes that the closing price of HireQuest common stock on Nasdaq on the grant date was $9.67 per share, which applies to the restricted stock award.

Why was this HireQuest (HQI) Form 4/A filed as an amendment?

The amendment states that, due to a transcription error, the number of shares beneficially owned by Kathleen Shanahan after the transaction was misreported in the original November 11, 2025 filing, and this Form 4/A corrects that number while leaving all other information unchanged.

What role does Kathleen Shanahan hold at HireQuest?

The report identifies Kathleen Shanahan as a director of HireQuest, Inc., and the restricted stock award is described as compensation for her Board of Director services.

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