Equity grant gives HireQuest (HQI) executive 10,000 shares, 64,099 total
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McAnnar John reported acquisition or exercise transactions in this Form 4 filing.
HireQuest, Inc. reported that executive officer John McAnnar received a grant of 10,000 shares of common stock on March 2, 2026 as part of his employment agreement. The award is compensation, not an open-market purchase, and brings his directly held shares to 64,099.
According to the vesting terms, 5,000 of these shares vest on March 2, 2028, while 625 shares vest each fiscal quarter for eight quarters immediately following. The closing stock price on the grant date was $11.91, giving a clear sense of the grant’s market value at issuance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McAnnar John
Role
Secretary, VP, CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,099 shares (Direct)
Footnotes (1)
- Awarded for executive services pursuant to employment agreement. 5,000 of these shares vest on March 2, 2028, and 625 vest per fiscal quarter for each of the eight fiscal quarters immediately following. Awarded as part of executive employment agreement. See note 1. The closing price on the grant date was $11.91.
FAQ
What insider transaction did HireQuest (HQI) report for John McAnnar?
HireQuest reported that executive officer John McAnnar received a grant of 10,000 shares of common stock. The award was granted on March 2, 2026 as part of his executive employment agreement and represents stock-based compensation rather than an open-market share purchase.
What was HireQuest (HQI) stock’s closing price on John McAnnar’s grant date?
On the March 2, 2026 grant date, HireQuest’s closing stock price was $11.91 per share. This price, disclosed in the Form 4 footnotes, helps indicate the market value of the 10,000-share equity award at the time it was granted to John McAnnar.