HireQuest Board Member Shanahan Granted 4,000 Restricted Shares with 2-Year Lock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HireQuest Director Kathleen Shanahan received a restricted stock award of 4,000 shares on June 23, 2025, as part of her compensation under the company's 2019 Non-Employee Director Compensation Plan. The shares, valued at $10.12 per share at grant, will vest on June 23, 2027.
Following this transaction, Shanahan's direct beneficial ownership increased to 74,198 shares. The award represents an Annual Award for Board of Director services.
- Transaction Type: Acquisition of restricted stock
- Total Value of Award: $40,480
- Vesting Period: 2 years
- Form of Ownership: Direct
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shanahan Kathleen M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 74,198 shares (Direct)
Footnotes (1)
- Represents shares of restricted stock awarded to the reporting person in her capacity as a Director of Issuer for Board of Director services. These shares represent an Annual Award pursuant to the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan. These shares will vest on June 23, 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 $10.12 per share.
FAQ
When will Kathleen Shanahan's HQI restricted stock vest?
The 4,000 shares of restricted stock awarded to Kathleen Shanahan will vest on June 23, 2027, two years after the grant date.