Phillip D. Yeager - Aug 9, 2022 Form 4 Insider Report for Hub Group, Inc. (HUBG)

Signature
Phillip D. Yeager
Stock symbol
HUBG
Transactions as of
Aug 9, 2022
Transactions value $
-$245,441
Form type
4
Date filed
8/11/2022, 06:15 PM
Previous filing
Feb 16, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBG Class A Common Stock Sale -$3.22M -39.8K -52.5% $80.83 36K Aug 9, 2022 Direct F1
transaction HUBG Class B Common Stock Purchase $2.98M +28.3K $104.99 28.3K Aug 9, 2022 Direct F2, F3
holding HUBG Class A Common Stock 85.1 Aug 9, 2022 By 401K
holding HUBG Class B Common Stock 176K Aug 9, 2022 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sold by the Reporting Person pursuant to the closing of the Common Stock Exchange and Repurchase Agreement (the "Agreement") on August 9, 2022. For more information see the Current Report on Form 8-K filed by the Issuer on August 9, 2022 (the "Form 8-K").
F2 Purchased by the Reporting Person pursuant to the closing of the Agreement on August 9, 2022. Form more information see the Form 8-K.
F3 The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares, or in the event of a tie, as directed by the independent members of the Board of Directors. Members of the Yeager family own all 574,903 shares of Class B Common Stock.
F4 The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.