HireQuest (HQI) director granted 2,792 RS; owns 76,959 shares
HireQuest (HQI) filed a Form 4 reporting an equity grant to Director Jack Olmstead.
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Rhea-AI Filing Summary
HireQuest (HQI) filed a Form 4 reporting an equity grant to Director Jack Olmstead. On November 7, 2025, he received 2,792 shares of restricted stock as compensation in-lieu of a quarterly cash retainer for Board service.
The company notes a vesting schedule: 2,326 shares vest on February 7, 2026 and 466 shares vest on November 7, 2027. Following the grant, Olmstead beneficially owned 76,959 shares in total, held directly. The grant date closing price cited was $9.67 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,792 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares of restricted stock awarded to Mr. Olmstead in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 2,326 of these shares vest on February 7, 2026 and 466 shares vest on November 7, 2027.
- 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 $9.67 per share.
FAQ
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What did HireQuest (HQI) disclose in this Form 4?
What is Jack Olmstead’s total beneficial ownership after the transaction?
What price reference was provided for the restricted stock grant?
What is the relationship of the reporting person to HireQuest (HQI)?
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