HireQuest (HQI) Form 4: 2,792 RS grant; holdings 76,959
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OLMSTEAD JACK A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,792 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 76,959 shares (Direct)
Footnotes (1)
- 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. 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
What did HireQuest (HQI) disclose in this Form 4?
A Director, Jack Olmstead, received 2,792 restricted shares on November 7, 2025 as board compensation in-lieu of a cash retainer.
What is Jack Olmstead’s total beneficial ownership after the transaction?
After the grant, he beneficially owned 76,959 shares, held directly.
What price reference was provided for the restricted stock grant?
The filing cites the $9.67 per-share closing price on the grant date.
What is the relationship of the reporting person to HireQuest (HQI)?
The reporting person, Jack Olmstead, is a Director.