SEC Form 4 · accession 0001654954-26-007653
HireQuest, Inc. · HQI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Rimmy Malhotra
Director
Period of report
Aug 12, 2026
Accepted (ET)
Aug 14, 2026 · 4:08 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001140102
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 12, 2026 | A | 1,036 | — | A | 102,924 | D | |
| Common StockF3,F4 | Aug 12, 2026 | A | 4,000 | — | A | 106,924 | D | |
| Common StockF5 | holding | — | — | — | 120,130 | I | See FN |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock awarded to Mr. Malhotra in his capacity as a Director of Issuer for Board of Director services. These shares represent compensation in-lieu of a quarterly cash retainer. 864 of these shares vest on November 12, 2026 and 172 shares vest on August 12, 2028.
- F2Shares 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 $16.64 per share.
- F3Represents shares of restricted stock awarded to the reporting person in the capacity as a Director of Issuer for Board of Director services. These shares represent an Annual Award pursuant to the HireQuest, Inc. 2019 Non-Employee Director Compensation Plan. These shares will vest on June 15, 2028.
- F4Shares awarded for board service. See note 3. The closing price of the Issuer's Common Stock on Nasdaq on the date of the grant was $16.64 per share.
- F5Represents shares directly owned by Nicoya Fund, LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital, LLC, which is the managing member of Nicoya Fund, LLC. Mr. Malhotra disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.