HireQuest (HQI) director receives 1,121 restricted stock units for board service

Rhea-AI Filing Summary

Hagenbuch Lawrence F reported acquisition or exercise transactions in this Form 4 filing.

HireQuest, Inc. director Lawrence F. Hagenbuch reported receiving a grant of 1,121 shares of restricted common stock as compensation for board service instead of a quarterly cash retainer. According to the filing, 934 of these shares vest on June 2, 2026 and 187 shares vest on March 2, 2028. After this award, he holds a total of 120,593 common shares directly. The closing price of HireQuest’s common stock on Nasdaq on the grant date was $11.91 per share.

Insider Trade Summary

Net Buyer: 1,121 shares

Net Buy 1 txn

Insider Hagenbuch Lawrence F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,121	$0.00	$0.00

Holdings After Transaction: Common Stock — 120,593 shares (Direct)

Footnotes (2)

1. F1. Represents shares of restricted stock awarded to Mr. Hagenbuch in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 934 of these shares vest on June 2, 2026 and 187 shares vest on March 2, 2028.
2. F2. 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 $11.91 per share.

FAQ

What did HireQuest (HQI) director Lawrence Hagenbuch report in this Form 4?

Lawrence Hagenbuch reported receiving 1,121 restricted common shares of HireQuest as a grant for board service. This equity award is compensation in place of a quarterly cash retainer and increases his directly held stake in the company.

How many HireQuest (HQI) shares did the director receive and at what reference price?

The director received 1,121 restricted shares of HireQuest common stock. A footnote states the closing price on Nasdaq on the grant date was $11.91 per share, providing a reference value for the equity compensation granted.

How do the newly granted HireQuest (HQI) restricted shares vest?

The 1,121 restricted shares vest in two tranches. 934 shares vest on June 2, 2026, and 187 shares vest on March 2, 2028, tying the director’s compensation to ongoing board service over time.

Is this HireQuest (HQI) Form 4 a purchase or a grant of shares?

This Form 4 reflects a grant/award acquisition of restricted stock, not an open-market purchase. The shares are awarded as compensation for board of director services in lieu of a quarterly cash retainer, with specified future vesting dates.

How many HireQuest (HQI) shares does the director own after this transaction?

Following the restricted stock award, Lawrence Hagenbuch is reported to directly own 120,593 shares of HireQuest common stock. This total includes the newly granted restricted shares, which will vest over time according to the schedule disclosed.

Why did HireQuest (HQI) grant stock instead of paying a cash retainer to the director?

The filing states the restricted shares represent compensation in-lieu of a quarterly cash retainer for board service. Using stock-based compensation can align director incentives more closely with shareholder value by tying pay to the company’s share performance.

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Accepted by SEC EDGAR 03/04/2026 - 04:06 PM Learn about SEC filing dates

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^*

Hagenbuch Lawrence F

(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)
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		1,121(1)	A	(2)	120,593	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 Mr. Hagenbuch in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 934 of these shares vest on June 2, 2026 and 187 shares vest on March 2, 2028.

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 $11.91 per share.

	/s/ Lawrence F. Hagenbuch	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.
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