HireQuest (HQI) CEO Richard Hermanns adds 1,128 shares in open-market buy

Rhea-AI Filing Summary

HireQuest, Inc. director, President and CEO Richard Hermanns reported an open-market purchase of 1,128 shares of common stock at a weighted average price of $12.1874 per share. After this transaction, he directly owns 2,977,411 shares. The filing notes the purchase was executed through multiple trades within a price range of $12.14 to $12.20 per share.

Insider Trade Summary

Net Buyer: 1,128 shares ($13,747)

Net Buy 1 txn

Insider Hermanns Richard

Role President and CEO

Bought 1,128 shs ($14K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,128	$12.1874	$14K

Holdings After Transaction: Common Stock — 2,977,411 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased: 1,128 shares Weighted average price: $12.1874 per share Post-transaction holdings: 2,977,411 shares +2 more

5 metrics

Shares purchased 1,128 shares Open-market purchase of common stock

Weighted average price $12.1874 per share Price for 1,128-share purchase

Post-transaction holdings 2,977,411 shares Direct ownership after purchase

Trade price range low $12.14 per share Lowest price in multiple trades

Trade price range high $12.20 per share Highest price in multiple trades

Key Terms

open-market purchase, weighted average price, transaction code "P", Form 4

4 terms

open-market purchase financial

"reported an open-market purchase of 1,128 shares of common stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average price financial

"shares of common stock at a weighted average price of $12.1874"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

transaction code "P" regulatory

"transaction code "P" for Purchase in open market or private transaction"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Hermanns Richard

(Last) (First) (Middle)

111 SPRINGHALL DRIVE

(Street)

GOOSE CREEK SOUTH CAROLINA 29445

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HireQuest, Inc. [ HQI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/03/2026		P		1,128	A	$12.1874(1)	2,977,411	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. The price reported is a weighted average price. The shares reported herein were purchased in multiple transactions. The range of prices for the transactions reported in this line was $12.14 - $12.20 per share. Mr. Hermanns undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price.

	/s/ Richard Hermanns	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did HireQuest (HQI) report for Richard Hermanns?

HireQuest reported that Richard Hermanns, its President, CEO and director, purchased 1,128 shares of common stock in an open-market transaction. This filing reflects a routine insider buy rather than a sale or derivative exercise.

At what price did Richard Hermanns buy HireQuest (HQI) shares?

Richard Hermanns bought 1,128 HireQuest shares at a weighted average price of $12.1874 per share. The individual trades were executed within a reported price range of $12.14 to $12.20 per share.

How many HireQuest (HQI) shares does Richard Hermanns own after this transaction?

Following the reported purchase, Richard Hermanns directly owns 2,977,411 shares of HireQuest common stock. This post-transaction holding reflects his direct ownership position after adding the 1,128 shares acquired in the open-market trade.

Is the HireQuest (HQI) insider trade a purchase or a sale?

The HireQuest insider trade is a purchase. Richard Hermanns executed an open-market buy of 1,128 common shares, classified in the filing with transaction code “P” for purchase and described as an open-market transaction.

Was the HireQuest (HQI) insider purchase executed in a single trade?

No, the filing states the 1,128 shares were purchased in multiple transactions. The reported weighted average price is $12.1874, with individual trades occurring within a range of $12.14 to $12.20 per share.