HireQuest Board Member Shanahan Granted 4,000 Restricted Shares with 2-Year Lock

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

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

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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^*

Shanahan Kathleen M

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

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	06/23/2025		A		4,000(1)	A	(2)	74,198	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. 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.

2. 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.

	/s/ Kathleen Shanahan	06/25/2025
	** 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

How many HQI shares did Director Kathleen Shanahan acquire on June 23, 2025?

Director Kathleen Shanahan acquired 4,000 shares of restricted stock on June 23, 2025, awarded as part of her compensation for Board of Director services under the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan.

What was the value of HQI shares granted to Director Shanahan?

The shares were granted when HQI's closing price on Nasdaq was $10.12 per share on the date of grant, making the total value of the 4,000 shares approximately $40,480.

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.

How many total HQI shares does Kathleen Shanahan own after this transaction?

Following this transaction, Kathleen Shanahan beneficially owns 74,198 shares of HQI common stock directly (Form D).

What type of compensation plan were the HQI shares granted under?

The shares were granted as an Annual Award under the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan, which provides restricted stock awards to non-employee directors for their board service.