The hearing request deadline is September 23, 2026. Monitor for the company's plan to regain compliance and any updates on the restatement timeline. If the Nasdaq Hearings Panel denies an extended stay, trading could be suspended within 15 days of the request, triggering a potential collapse in the stock price.
Price Chart
Executive Summary
Hub Group received a Nasdaq Staff Delisting Determination on September 16, 2026, for failing to file its overdue 10-K (FY2025) and two 10-Qs (Q1 and Q2 2026) by the end of a 180-day extension period. The company intends to appeal and request a hearing, which will stay trading for at least 15 days, but faces a material risk of suspension if the panel does not grant an extended stay. This follows a prior NT 10-Q filing 37 days ago, confirming a deepening compliance crisis tied to a previously announced financial restatement.
Key Facts
- Received Nasdaq Staff Delisting Determination on September 16, 2026, for non-compliance with Listing Rule 5250(c)(1) due to delinquent periodic reports.
- Delinquent reports: Annual Report on Form 10-K for FY2025, Quarterly Reports on Form 10-Q for Q1 and Q2 2026.
- The 180-day extension period granted by Nasdaq expired on September 14, 2026, without the filings being made.
- Company intends to appeal by requesting a hearing within 7 calendar days (by September 23, 2026).
- Hearing request automatically stays suspension for 15 days; company will also request an extended stay pending the hearing process.
- Hearings are typically scheduled 30-45 days after the request date.
- If the extended stay is not granted, trading could be suspended after the 15-day automatic stay period.
- Prior NT 10-Q filed on August 11, 2026, cited delays due to a restatement of financial statements for FY2024, FY2023, and certain 2025 quarters.
Financial Impact
Delisting would severely reduce liquidity and institutional ownership; no specific dollar amounts provided in the filing.
Risk Factors
- Nasdaq Hearings Panel may not grant an extended stay, leading to immediate trading suspension.
- Even if a stay is granted, failure to file the delinquent reports within the hearing timeline could result in delisting.
- The ongoing financial restatement introduces uncertainty about the accuracy of past financials and potential material adjustments.
- Loss of Nasdaq listing would trigger debt covenant violations or accelerate repayment obligations if any exist.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-394408 |
| Document: d574815dex991.htm | 0001193125-26-394408 |
| Document: 0001193125-26-394408-index-headers.html | 0001193125-26-394408 |
| Document: 0001193125-26-394408-index.html | 0001193125-26-394408 |
| Document: 0001193125-26-394408.txt | 0001193125-26-394408 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 3 | $25.76 $26.61 | ▲ +3.30% | ▲ +3.36% | $26.06 (+1.16%) |
Oct 7, 2026 19d ago | 3 | $26.43 $25.76 | ▼ −2.54% | ▼ −3.13% | $26.06 (−1.40%) |
Oct 6, 2026 20d ago | SC 13G/A | $28.16 $26.31 | ▼ −6.57% | ▼ −6.33% | $26.06 (−7.46%) |
Oct 2, 2026 24d ago | 8-K | $29.77 $28.74 | ▲ +3.46% | ▲ +4.13% | $26.06 (+12.46%) |
Sep 17, 2026 5w ago | 8-K | $32.60 $31.68 | ▲ +2.81% | ▲ +4.36% | $26.06 (+20.05%) |
Sep 17, 2026 5w ago | Press Release | $32.72 $31.68 | ▲ +3.18% | ▲ +4.73% | $26.06 (+20.35%) |
Sep 15, 2026 5w ago | 8-K | $33.45 $33.16 | ▲ +0.87% | ▲ +1.19% | $26.06 (+22.09%) |
Sep 14, 2026 6w ago | Press Release | $35.26 $33.45 | ▲ +5.13% | ▲ +4.67% | $26.06 (+26.09%) |
Sep 9, 2026 6w ago | Press Release | $35.67 $36.04 | ▲ +1.04% | ▲ +0.18% | $26.06 (−26.94%) |
Aug 24, 2026 9w ago | Press Release | $39.23 $40.00 | ▼ −1.96% | ▼ −1.94% | $26.06 (+33.57%) |
US Market Status
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