Director Shanahan awarded 1,272 HireQuest (HQI) restricted shares for board role

Rhea-AI Filing Summary

Shanahan Kathleen M reported acquisition or exercise transactions in this Form 4 filing.

HireQuest, Inc. director Kathleen M. Shanahan received a grant of 1,272 shares of restricted common stock as compensation for Board service in lieu of a quarterly cash retainer. Of these shares, 1,060 vest on June 2, 2026 and 212 vest on March 2, 2028. Following this award, she directly holds 77,037 shares of HireQuest common stock.

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)
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		1,272(1)	A	(2)	77,037	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 Ms. Shanahan in her capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 1,060 of these shares vest on June 2, 2026 and 212 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/ Kathleen Shanahan	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did HireQuest (HQI) report for Kathleen M. Shanahan?

HireQuest reported that director Kathleen M. Shanahan acquired 1,272 shares of restricted common stock. The award was granted as compensation for Board of Director services, in place of a quarterly cash retainer, and will vest over time on specified future dates.

How many HireQuest (HQI) shares did Kathleen M. Shanahan receive and on what terms?

Kathleen M. Shanahan received 1,272 restricted shares of HireQuest common stock. These shares are compensation for Board service, granted in lieu of a quarterly cash retainer, and are subject to time-based vesting through 2026 and 2028 according to the disclosed schedule.

When do Kathleen M. Shanahan’s new HireQuest (HQI) restricted shares vest?

Of the 1,272 restricted shares granted to Kathleen M. Shanahan, 1,060 vest on June 2, 2026, and 212 vest on March 2, 2028. Until they vest, the shares remain restricted according to the company’s award terms.

What is Kathleen M. Shanahan’s HireQuest (HQI) share ownership after this award?

After the restricted stock grant, Kathleen M. Shanahan directly owns 77,037 shares of HireQuest common stock. This figure reflects her total direct holdings following the award reported in the Form 4 insider transaction filing.

How was the value of Kathleen M. Shanahan’s HireQuest (HQI) stock grant measured?

The award was valued using the $11.91 per share closing price of HireQuest common stock on Nasdaq on the grant date. This price was noted in connection with the restricted shares granted for her Board of Director services.

Why did HireQuest (HQI) grant stock instead of cash to Kathleen M. Shanahan?

The 1,272 restricted shares granted to Kathleen M. Shanahan represent compensation in lieu of a quarterly cash retainer for Board of Director services. This structure compensates her for board duties using equity rather than a cash payment.