Hub Group, Inc. Receives Nasdaq Delisting Notice for Late Filings

What Happened

• Hub Group, Inc. announced on its Form 8-K that on September 16, 2026 it received a Staff Delisting Determination from Nasdaq because the company did not timely file its Annual Report on Form 10-K for the year ended December 31, 2025 and its Quarterly Reports on Form 10-Q for the periods ended March 31, 2026 and June 30, 2026 by the September 14, 2026 deadline (end of a previously granted 180‑day extension).
• The Staff Determination starts a delisting process but has no immediate effect on trading. Hub Group intends to appeal by requesting a hearing before a Nasdaq Hearings Panel (deadline to request a hearing: September 23, 2026) and will request an extended stay of any trading suspension.

Key Details

• Date of Staff Determination: September 16, 2026; press release issued September 17, 2026.
• Missed filings: 2025 Form 10-K and 10-Qs for periods ended 3/31/2026 and 6/30/2026; missed Nasdaq deadline: September 14, 2026.
• Appeal timing: hearing request must be filed within 7 days (by Sept 23, 2026); hearings typically scheduled ~30–45 days after the request.
• Automatic stay: filing a hearing request automatically stays suspension of trading for 15 days; the company will ask Nasdaq for an extended stay but there is no assurance it will be granted.

Why It Matters

• If Nasdaq does not grant an extended stay, Hub Group’s Class A common stock could be suspended from trading at the end of the 15‑day automatic stay and remain suspended unless the Hearings Panel later orders reinstatement—impacting liquidity and trading ability for shareholders.
• The situation was triggered by missing required SEC reports; investors should watch for the company’s appeal outcome, any filing of the overdue reports, and further disclosures that could affect trading status and investor access to timely financial information.