---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-215743"
form_type: "8-K"
ticker: "HUBG"
cik: "0000940942"
company_name: "Hub Group, Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:31:43.450626+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hub Group repurchases ~$34.8M stock from Mark Yaeger entities; CEO David Yaeger group consolidates control

## Summary
- Exchange of 243,755 Class B shares for Class A shares plus $8M premium; then Hub repurchases all Mark Yaeger shares for ~$34.8M.
- Repurchase price per share equal to closing price on Aug 8, 2022; aggregate consideration $34,766,693.
- Board increased share repurchase authorization to maintain $75M capacity net of the repurchase.
- Audit committee approved as related-party transaction; existing stockholders' agreements terminated, new DPY Stockholders' Agreement executed.

## SEC filing metadata
- accession: 0001193125-22-215743
- form_type: 8-K
- ticker: HUBG
- cik: 0000940942
- company_name: Hub Group, Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940942/000119312522215743/0001193125-22-215743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940942/000119312522215743/d385690d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-215743
- JSON: https://secwatch.observer/filing/0001193125-22-215743.json
- Plain text: https://secwatch.observer/filing/0001193125-22-215743.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.