HireQuest (HQI) Director Edward Jackson Receives Stock Award

What Happened
Edward Jackson, a director and reported 10% owner of HireQuest, Inc. (HQI), was granted two restricted stock awards on 2026-08-12 totaling 4,649 shares (649 + 4,000). The grants were awarded as board compensation (code A). The company’s closing price on Nasdaq that day was $16.64/share, valuing the awards at roughly $10,799 for the 649-share grant and $66,560 for the 4,000-share grant — about $77,359 in total. These were awards (not open-market purchases or sales), so they reflect compensation rather than an independent buy/sell decision.

Key Details

• Transaction date: 2026-08-12; Form 4 filed 2026-08-14 (filed within the typical 2-business-day window).
• Award amounts and reported values: 649 shares ($10,799) and 4,000 shares ($66,560); total 4,649 shares ($77.4K) using $16.64/share.
• Vesting: For the 649-share award — 541 shares vest 11/12/2026 and 108 shares vest 8/12/2028 (compensation in lieu of a quarterly cash retainer). The 4,000-share award is an Annual Award that vests 6/15/2028 under the HireQuest 2019 Non-Employee Director Compensation Plan.
• Nature of transaction: Restricted stock awards for board service (compensation), transaction code A.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filed 2 days after the transaction date — appears timely (not flagged late).

Context
These grants are director compensation (cash retainer in-lieu and annual director award) and are restricted shares subject to vesting dates. Such awards are routine for non-employee directors and do not indicate an immediate market purchase or sale by the insider. As a reported 10% owner, Jackson’s holdings may have additional reporting implications, but the grants themselves are compensation-related rather than discretionary open-market trading.