Hermanns Richard 4
Research Summary
AI-generated summary
HireQuest (HQI) 10% Owner Richard Hermanns Buys 1,128 Shares
What Happened
Richard Hermanns, a 10% owner of HireQuest, acquired 1,128 shares of HireQuest, Inc. in open-market purchases on June 3, 2026. The reported weighted-average price was $12.19 per share, for a total reported cost of $13,747. This was a purchase (an accumulation), which is typically more informative than a routine sell.
Key Details
- Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (filed within the common two-business-day reporting window).
- Price: weighted-average $12.19; transaction price range was $12.14–$12.20 per share (multiple trades).
- Shares reported purchased: 1,128; reported total value: $13,747.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: Hermanns says the line represents multiple purchases and offers to provide a per-trade breakdown to the SEC, the issuer, or any security holder upon request.
Context
- As a 10% owner (large/insider holder), Hermanns' purchase reflects his personal accumulation of stock rather than an executive compensation event.
- The dollar amount is modest; while purchases can be a positive signal, small open-market buys should be weighed with other insider activity and company context.