Hub Group Files 8-K for 'Other Event,' No Material News
Ticker: HUBG · Form: 8-K · Filed: Jan 11, 2024 · CIK: 940942
| Field | Detail |
|---|---|
| Company | Hub Group, INC. (HUBG) |
| Form Type | 8-K |
| Filed Date | Jan 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance, form-8k
TL;DR
**Hub Group's 8-K is just a routine administrative filing, nothing to trade on.**
AI Summary
Hub Group, Inc. filed an 8-K on January 11, 2024, to report an "Other Event." This filing primarily updates administrative information, confirming its Class A Common Stock (HUBG) is registered on The Nasdaq Stock Market. For investors, this filing is largely procedural and doesn't contain new financial or operational news, meaning it won't directly impact the stock's value or investment thesis.
Why It Matters
This filing is administrative, confirming Hub Group's stock listing on Nasdaq, and does not contain new financial or operational information that would typically move the stock.
Risk Assessment
Risk Level: low — This 8-K filing is purely administrative and does not introduce any new financial or operational risks to the company.
Analyst Insight
A smart investor would recognize this 8-K as a routine administrative filing with no new material information, thus requiring no immediate action or change to their investment thesis regarding Hub Group, Inc. (HUBG).
Key Players & Entities
- Hub Group, Inc. (company) — the registrant filing the 8-K
- HUBG (company) — the trading symbol for Hub Group's Class A Common Stock
- The Nasdaq Stock Market (company) — the exchange where Hub Group's Class A Common Stock is registered
- January 11, 2024 (date) — date of earliest event reported and filing date
FAQ
What is the primary purpose of Hub Group, Inc.'s 8-K filing dated January 11, 2024?
The primary purpose of Hub Group, Inc.'s 8-K filing dated January 11, 2024, is to report an "Other Event" under Item 8.01, which in this case appears to be an administrative update confirming its registration details.
What is the trading symbol and exchange for Hub Group, Inc.'s Class A Common Stock, as stated in the filing?
As stated in the filing, the trading symbol for Hub Group, Inc.'s Class A Common Stock is HUBG, and it is registered on The Nasdaq Stock Market.
What is Hub Group, Inc.'s state of incorporation and IRS Employer Identification Number according to the 8-K?
According to the 8-K, Hub Group, Inc.'s state of incorporation is Delaware, and its IRS Employer Identification Number is 36-4007085.
Does this 8-K filing indicate that Hub Group, Inc. is an emerging growth company?
No, the filing indicates with an unchecked box that the registrant is NOT an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
What is the business address and phone number for Hub Group, Inc. as listed in the filing?
The business address for Hub Group, Inc. is 2001 Hub Group Way, Oak Brook, Illinois, 60523, and the telephone number is 630 271-3600.
Filing Stats: 471 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-01-11 16:30:11
Filing Documents
- hubg-20240111.htm (8-K) — 34KB
- 0000950170-24-003937.txt ( ) — 141KB
- hubg-20240111.xsd (EX-101.SCH) — 23KB
- hubg-20240111_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On January 5, 2024, Michele McDermott notified Hub Group, Inc. (the “Company”) of her decision to resign from the position of Chief Human Resources Officer effective January 19, 2024 in order to pursue another opportunity. Leadership of the Company’s Human Resources organization will transition to Thomas P. LaFrance, the Company’s Executive Vice President, General Counsel and Corporate Secretary, who will also continue in his current role. Mr. LaFrance joined the Company in his current role in 2021. Prior to joining the Company, Mr. LaFrance’s career included roles as General Counsel of businesses at General Electric Company, Wabtec Corporation, and United Technologies Corporation, as well as a partner at the law firm Goodwin Procter. Mr. LaFrance is a graduate of Boston College and Georgetown University Law School.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Hub Group, Inc. Date: January 11, 2024 By: /s/ Kevin Beth Chief Financial Officer and Treasurer