Hub Group (HUBG) CEO reports sale of 32,000 Class A shares weighted avg $43.6781

Rhea-AI Filing Summary

A Hub Group, Inc. insider who is a director and President, CEO & Vice Chairman reported selling 32,000 shares of Class A common stock on December 11, 2025 at a weighted average price of $43.6781 per share, with trades executed between $43.25 and $43.97.

After this sale, the insider directly owns 168,315 Class A shares and 28,339 Class B shares, plus 170 Class A shares held through a 401(k) plan and 223,155 Class A and 223,155 Class B shares held indirectly through the DPY 2015 Exempt Children's Trust and the David P. Yeager 2020 Hub Exempt Trust, where each trustee disclaims beneficial ownership except for their pecuniary interest.

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
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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).

X

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^*

Yeager Phillip D

(Last) (First) (Middle)

2001 HUB GROUP WAY

(Street)

OAK BROOK IL 60523

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hub Group, Inc. [ HUBG ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO & Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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
Classs A Common Stock	12/11/2025		S		32,000	D	$43.6781(1)	168,315	D
Class A Common Stock								170	I	By 401(k)
Class A Common Stock								223,155	I	By Trusts(2)
Class B Common Stock								28,339	D
Class B Common Stock								223,155	I	By Trusts(2)

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 in Column 4 is a weighted average price. These shares were sold in multiple transactions in a range of $43.25 - $43.97. The reporting person undertakes to provide Hub Group, Inc. ("Hub Group"), any security holder of Hub Group or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

2. These shares are held by the DPY 2015 Exempt Children's Trust, the trustees of which are Phillip D. Yeager, Matthew D. Yeager and Laura Y. Grusecki, and the David P. Yeager 2020 Hub Exempt Trust, the trustees of which are Julia E. Yeager, Phillip D. Yeager, Matthew D. Yeager and Laura Y. Grusecki. Each of the trustees disclaims beneficial ownership of these shares except to the extent of his or her pecuniary interest therein.

	Eric A. Braun, Attorney-in-Fact	12/15/2025
	** 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.
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FAQ

What insider transaction did Hub Group (HUBG) report in this Form 4?

The filing reports that a Hub Group insider sold 32,000 shares of Class A common stock on December 11, 2025 at a weighted average price of $43.6781 per share.

At what prices were the Hub Group (HUBG) shares sold?

The Class A shares were sold in multiple transactions at prices ranging from $43.25 to $43.97, resulting in a weighted average sale price of $43.6781 per share.

How many Hub Group (HUBG) Class A shares does the insider own after the sale?

Following the transaction, the insider directly owns 168,315 Class A shares, with an additional 170 Class A shares held through a 401(k) plan and 223,155 Class A shares held indirectly through trusts.

What position does the reporting person hold at Hub Group (HUBG)?

The reporting person is a director and an officer, serving as President, CEO & Vice Chairman of Hub Group, Inc.

How many Hub Group (HUBG) Class B shares are attributed to the insider?

The insider is shown with 28,339 Class B shares held directly and 223,155 Class B shares held indirectly through trusts.

Which trusts hold the indirect Hub Group (HUBG) shares and what is stated about ownership?

The indirectly held shares are in the DPY 2015 Exempt Children's Trust and the David P. Yeager 2020 Hub Exempt Trust. The trustees each disclaim beneficial ownership of these shares except to the extent of their pecuniary interest.