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Equity grant gives HireQuest (HQI) executive 10,000 shares, 64,099 total

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
McAnnar John

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Secretary, VP, CLO
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 03/02/2026 A 10,000(1) A (2) 64,099 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. 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.
2. Awarded as part of executive employment agreement. See note 1. The closing price on the grant date was $11.91.
/s/ John D. McAnnar 03/04/2026
** 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 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.

How many HireQuest (HQI) shares does John McAnnar hold after this grant?

After the March 2, 2026 grant, John McAnnar holds 64,099 shares of HireQuest common stock directly. This total includes the newly awarded 10,000-share grant issued under his employment agreement and reflects his updated beneficial ownership position following the transaction.

What are the vesting terms of John McAnnar’s 10,000-share HireQuest (HQI) award?

The 10,000-share award vests in stages. Five thousand shares vest on March 2, 2028, and 625 shares vest per fiscal quarter for each of the eight fiscal quarters immediately following, creating a multi-year retention and incentive schedule tied to his continued executive service.

Was cash paid for John McAnnar’s new HireQuest (HQI) shares?

No cash was paid for the new shares; the Form 4 shows a price of $0.00 per share. The 10,000 shares were granted as equity compensation under McAnnar’s executive employment agreement, rather than acquired through a market purchase transaction.

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.

Is John McAnnar’s HireQuest (HQI) share grant a routine compensation award?

The filing describes the 10,000-share grant as awarded for executive services pursuant to an employment agreement. That characterization indicates it is structured as routine equity compensation, with specified vesting dates designed to align his incentives with long-term company performance.
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