HireQuest director awarded 907 restricted shares
JACKSON EDWARD reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
JACKSON EDWARD reported acquisition or exercise transactions in this Form 4 filing.
HireQuest, Inc. director Edward Jackson received an award of 907 shares of common stock as restricted stock compensation for his Board service. The grant is in lieu of a quarterly cash retainer. According to the filing, 756 of these shares vest on June 2, 2026 and 151 shares vest on March 2, 2028.
After this grant, Jackson directly owns 2,639,184 shares of HireQuest common stock. A footnote notes that the closing price of the company’s common stock on Nasdaq on the grant date was $11.91 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 907 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares of restricted stock awarded to Mr. Jackson in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 756 of these shares vest on June 2, 2026 and 151 shares vest on March 2, 2028.
- F2. 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 $11.91 per share.
FAQ
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What did HireQuest (HQI) director Edward Jackson report in this Form 4?
Is the HireQuest (HQI) Form 4 transaction a purchase or an award?
What price reference is given for the HireQuest (HQI) restricted stock grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.