Hub Group, Inc. — fact timeline

Brian Meents departed as Executive Vice President and Chief Operating Officer at Hub Group, Inc..

“On May 27, 2026, Brian Meents, Executive Vice President and Chief Operating Officer, departed the Company.”

Todd Heeter was appointed as Interim Chief Financial Officer and Treasurer at Hub Group, Inc..

“appointed Todd Heeter to serve as interim Chief Financial Officer and Treasurer of the Company, effective May 28, 2026”

Kevin Beth departed as Chief Financial Officer at Hub Group, Inc..

“Kevin Beth, who departed the Company on May 27, 2026.”

Hub Group, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“May 19, 2026, Hub Group, Inc. (the “Company”) received an expected notice (the “Notice”) from the listing qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Comp”

Hub Group, Inc. reported that prior financial statements should not be relied upon.

“On May 11, 2026, the Audit Committee of the Board of Directors of Hub Group, Inc. (the “Company”), following discussion with and upon the recommendation of management, concluded that the previously issued audited consolidated financial statements of the Company as of and for each of the years ended December 31, 2024 (the “2024 Financial Statements”) and 2023 (the “2023 Financial Statements”) included in the Company’s Annual Reports on Form 10-K filed on February 25, 2025 and February 27, 2024, respectively, were in each case materially misstated and should no longer be relied upon.”

Hub Group, Inc. amended First Amendment to Credit Agreement and Waiver with Bank of Montreal, as administrative agent, and the lenders party thereto (effective 2026-03-23).

“On March 23, 2026, in connection with the delayed filing of its Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”) with the Securities and Exchange Commission (the “SEC”), Hub Group, Inc. (the “Company”) entered into a First Amendment to Credit Agreement and Waiver (the “Amendment”), which amended that certain Credit Agreement, dated as of June 20, 2025 (the “Credit Agreement”), among the Company, the guarantors party thereto, the lenders party thereto (the “Lenders”) and Bank of Montreal, as administrative agent.”

Hub Group, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“March 19, 2026, the Company received an expected notice (the “Notice”) from the listing qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Company not having timely filed its 2025 Form 10-K, it no longer complies with Nasdaq Listing Rule 5250(c)(1), which requires companies with securities listed on Nasdaq to timely file all required periodic reports with the SEC. The Notice has no immediate effect on the listing or trading of shares of the Company’s Class A common stock on the Nasdaq Global Select Market. In accordance with Nasdaq’s l”

Hub Group, Inc. reported that prior financial statements should not be relied upon.

“were in each case materially misstated due to the aforementioned error and should no longer be relied upon.”

Hub Group, Inc. incurred revolving credit of $450 million with Bank of Montreal, as administrative agent at Term SOFR plus a specified margin maturing June 20, 2030.

“On June 20, 2025, Hub Group, Inc. (the “Company”) entered into a $450 million credit agreement (the “Credit Agreement”) with Bank of Montreal, as administrative agent, and with certain material subsidiaries of the Company from time to time party thereto as guarantors, and various financial institutions, as lenders.”

Dennis Mathews was appointed as Chief Accounting Officer at Hub Group, Inc..

“On June 6, 2025, Dennis Mathews was appointed as the Company's Chief Accounting Officer effective June 30, 2025.”

Brent Rhodes resigned as Chief Accounting Officer at Hub Group, Inc..

“On June 2, 2025, Brent Rhodes notified Hub Group, Inc. (the "Company") of his decision to resign from the position of Chief Accounting Officer effective June 27, 2025 ("Effective Date").”

Brian Alexander changed role as Chief Marketing Officer at Hub Group, Inc..

“Mr. Brian Alexander, previously the Company’s Chief Operating Officer, will assume the role of Chief Marketing Officer.”

Brian Meents was appointed as Executive Vice President and Chief Operating Officer at Hub Group, Inc..

“appointed Brian Meents, 39, as the Company’s Executive Vice President and Chief Operating Officer.”

Hub Group, Inc. reported first quarter 2024 results: revenue $1.0 billion, net income $27 million, EPS $0.44 per diluted share. Guidance reaffirmed.

“EdgarFiling EXHIBIT 99.1 Hub Group, Inc. Reports First Quarter 2024 Results Highlights: Diluted earnings per share (EPS) of $0.44 for the quarter First quarter revenue of $1.0 billion GAAP Quarterly operating income of $37 million (3.7% of revenue) Executing on Capital Allocation Plan including completing our stock split, purchasing $26 million of shares”

Hub Group, Inc. reported 2024 results: revenue $4.6 to $5.0 billion, EPS $2.00 to $2.50. Guidance initiated.

“We expect our 2024 diluted earnings per share will range from $2.00 to $2.50. We estimate revenue will be approximately $4.6 to $5.0 billion.”

Hub Group, Inc. reported fourth quarter 2023 results: revenue $1.0 billion, net income $29 million, EPS $0.46.

“for acquisition related expenses of $5.1 million, Q4 adjusted EPS (non-GAAP) of $0.54 and $2.68 for full year Full year revenue of $4.2 billion; Fourth quarter revenue of $1.0 billion GAAP Quarterly operating income of $29 million (3.0% of revenue) Significantly increased our Final Mile business heading into 2024 through the acquisition of Forward Air Final”

Geoffrey F. DeMartino departed as Chief Financial Officer and Treasurer at Hub Group, Inc..

“Beginning January 1, 2024, Mr. DeMartino is expected to remain in a non-executive role through early February 2024 to assist with the transition of the Chief Financial Officer and Treasurer roles in addition to other responsibilities.”

Kevin Beth was appointed as Executive Vice President, Chief Financial Officer and Treasurer at Hub Group, Inc..

“On November 22, 2023, Hub Group, Inc. (the “Company”) announced that its Board of Directors appointed Kevin Beth, 48, as the Company’s Executive Vice President, Chief Financial Officer and Treasurer effective January 1, 2024, succeeding Geoffrey F. DeMartino.”

Hub Group, Inc. reported third quarter 2023 results: revenue $1.0 billion, net income $30 million, EPS $0.97. Guidance reaffirmed.

“2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 Hub Group, Inc. Reports Third Quarter 2023 Results Highlights: Diluted earnings per share (EPS) of $0.97 and revenue of $1.0 billion for the quarter Quarterly operating income of $43 million (4.2% of revenue) driven by performance of our Logistics Segment Exceptionally strong balance sheet, ending the quarter”

Hub Group, Inc. reported 2023 results: revenue $4.3 to $4.5 billion, EPS $5.80 to $6.40 per diluted share. Guidance initiated.

“2023 Outlook We expect our 2023 diluted earnings per share will range from $5.80 to $6.40. We estimate revenue will range from $4.3 to $4.5 billion.”

Hub Group, Inc. reported second quarter 2023 results: revenue $1.0 billion, net income $47 million, EPS $1.44 per diluted share.

“Highlights: Diluted earnings per share (EPS) of $1.44 for the quarter Second quarter revenue of $1.0 billion Quarterly operating income of $62 million (6.0% of revenue) driven by performance of our Logistics Segment Continued focus on return of capital with $100 million of shares repurchased in the quarter Exceptionally strong balance sheet, ending the quarter with cash and cash equivalents of $342 million OAK BROOK, Ill., July 27, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced second quarter 2023 net income of $47 million, and diluted earnings per share of $1.44.”

Hub Group, Inc. shareholders approved Approval of Amendment to the Company’s Amended and Restated Certificate of Incorporation at the 2023-05-25 meeting.

“Proposal Five– Approval of Amendment to the Company’s Amended and Restated Certificate of Incorporation The Company’s stockholders approved the amendment to the Company’s Amended and Restated Certificate of Incorporation as described in the Company’s definitive Proxy Statement filed with the Securities and Exchange Commission on April 14, 2023, as set forth below: VOTES FOR VOTES AGAINST ABSENTATIONS BROKER NON-VOTES 60,663,629 17,251,461 52,799 787,319”

Hub Group, Inc. shareholders approved Ratification of the Selection of Independent Registered Public Accounting Firm at the 2023-05-25 meeting.

“Proposal Four– Ratification of the Selection of Independent Registered Public Accounting Firm The Company’s common stockholders ratified the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, as set forth below: VOTES FOR VOTES AGAINST ABSENTATIONS BROKER NON-VOTES 78,197,488 537,729 19,991 n/a”

Hub Group, Inc. shareholders approved Advisory Vote on the Frequency of the Advisory Vote on Executive Compensation at the 2023-05-25 meeting.

“Proposal Three – Advisory Vote to on the Frequency of the Advisory Vote on Executive Compensation The Company’s common stockholders approved, on an advisory basis, an annual advisory vote on executive compensation, as set forth below: 1 YEAR 2 YEARS 3 YEARS ABSTAIN 74,929,689 4,137 3,019,150 14,913”

Hub Group, Inc. shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-05-25 meeting.

“Proposal Two – Advisory Vote to Approve Executive Compensation The Company’s stockholders approved, on an advisory basis, the compensation of its named executive officers as described in the Company’s definitive Proxy Statement filed with the Securities and Exchange Commission on April 14, 2023, as set forth below: VOTES FOR VOTES AGAINST ABSENTATIONS BROKER NON-VOTES 76,706,543 1,245,369 15,977 787,319”

Hub Group, Inc. shareholders approved Election of Directors at the 2023-05-25 meeting.

“Proposal One – Election of Directors The Company’s stockholders elected each of the Company’s ten nominees for director to serve until their respective successors are duly elected and qualified, as set forth below: NAME VOTES FOR VOTES WITHHELD BROKER NON-VOTES David P. Yeager 64,295,081 13,672,808 787,319 Phillip D. Yeager 65,703,260 12,264,629 787,319 Peter B. McNitt 66,013,542 11,954,347 787,319 Mary H. Boosalis 64,568,020 13,399,869 787,319 Lisa Dykstra 66,013,465 11,954,424 787,319 Michael E. Flannery 65,976,986 11,990,903 787,319 James C. Kenny 66,022,702 11,945,187 787,319 Janell R. Ross 66,012,636 11,955,253 787,319 Martin P. Slark 63,535,013 14,432,876 787,319 Gary Yablon 66,016,703 11,951,186 787,319”

Hub Group, Inc. reported first quarter 2023 results: revenue $1.2 billion, net income $62 million, EPS $1.88. Guidance reaffirmed.

“EdgarFiling EXHIBIT 99.1 Hub Group, Inc. Reports First Quarter 2023 Results Highlights: Diluted earnings per share (EPS) of $1.88 for the quarter First quarter revenue of $1.2 billion Quarterly operating income of $78 million (6.8% of revenue) driven by our focus on operating efficiency and yield management Ended the quarter with cash and cash equivalents of”

Hub Group, Inc.: Eliminated requirement that Chairman of the Board also be CEO and made related conforming changes (effective 2023-02-23).

“On February 23, 2023, the Board of Directors (the “Board”) of Hub Group, Inc. (the “Company”) amended and restated the Company’s Amended and Restated By-Laws (the “Amended and Restated Bylaws”). The amendments revise Article IV to eliminate the requirement that the Chairman of the Board also be the Chief Executive Officer of the Company and make related conforming changes.”

Hub Group, Inc. reported full year 2022 results: revenue $5.3 billion, net income $357 million, EPS $10.64. Guidance initiated.

“Hub Group, Inc. Reports Fourth Quarter and Full Year 2022 Results Highlights: Diluted earnings per share (EPS) of $2.42 for the quarter, and $10.64 for the full year which is growth of 110% Full year revenue of $5.3 billion, up 26%, with double-digit growth in all business lines; Fourth quarter revenue of $1.3 billion Quarterly operating income of $104 million (8.1% of revenue) driven by diversification of our business and focus on transportation cost containment, yield management and operating efficiency Ended the quarter with cash and cash equivalents of $287 million Introduced 2023 outlook, with expected revenue of $5.2-$5.4 billion and diluted EPS of $7.00-$8.00 OAK BROOK, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced fourth quarter 2022 net income of $79 million, and diluted earnings per share of $2.42. Net income for fourth quarter 2021 was $84 million, or $2.48 per diluted share. Full year 2022 net income was $357 million, or $10.64 per diluted”

Hub Group, Inc. reported fourth quarter 2022 results: revenue $1.3 billion, net income $79 million, EPS $2.42. Guidance initiated.

“Hub Group, Inc. Reports Fourth Quarter and Full Year 2022 Results Highlights: Diluted earnings per share (EPS) of $2.42 for the quarter, and $10.64 for the full year which is growth of 110% Full year revenue of $5.3 billion, up 26%, with double-digit growth in all business lines; Fourth quarter revenue of $1.3 billion Quarterly operating income of $104 million (8.1% of revenue) driven by diversification of our business and focus on transportation cost containment, yield management and operating efficiency Ended the quarter with cash and cash equivalents of $287 million Introduced 2023 outlook, with expected revenue of $5.2-$5.4 billion and diluted EPS of $7.00-$8.00 OAK BROOK, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced fourth quarter 2022 net income of $79 million, and diluted earnings per share of $2.42.”

Brian Alexander changed role as Chief Operating Officer at Hub Group, Inc..

“Brian Alexander, 43, will be promoted to Chief Operating Officer.”

Phillip D. Yeager was appointed as Director at Hub Group, Inc..

“Mr. Phillip Yeager will also join the Board of Directors of the Company, effective January 1, 2023.”

Phillip D. Yeager changed role as President and Chief Executive Officer at Hub Group, Inc..

“Phillip D. Yeager, 35, currently President and Chief Operating Officer of the Company, will continue as President and will succeed Mr. David Yeager as the Company's Chief Executive Officer.”

David P. Yeager was appointed as Executive Chairman at Hub Group, Inc..

“David P. Yeager, 69, will retire as CEO while continuing in the role of Executive Chairman of the Company.”

Charles Reaves resigned as director at Hub Group, Inc..

“On August 23, 2022, Charles Reaves notified the Board of Directors of Hub Group, Inc. (the “Company”) of his decision to resign as a director of the Company for personal reasons, with such resignation effective immediately.”

Gary Yablon was appointed as Director at Hub Group, Inc..

“appointed each of Ms. Lisa Dykstra and Mr. Gary Yablon to be directors of the Company, effective immediately.”

Lisa Dykstra was appointed as Director at Hub Group, Inc..

“appointed each of Ms. Lisa Dykstra and Mr. Gary Yablon to be directors of the Company, effective immediately.”

Michael E. Flannery was appointed as director at Hub Group, Inc..

“appointed Mr. Michael E. Flannery to be a director of the Company, effective April 1, 2022.”

Dhruv Bansal was appointed as Chief Information Officer at Hub Group, Inc..

“Effective March 2, 2022, the Company appointed Mr. Dhruv Bansal to succeed Ms. Dimond as Chief Information Officer.”

Vava Dimond departed as Executive Vice President and Chief Information Officer at Hub Group, Inc..

“On January 26, 2022, Hub Group, Inc. (the "Company") announced that Ms. Vava Dimond, its Executive Vice President and Chief Information Officer, will retire effective as of March 1, 2022.”

Jonathan Ward resigned as Director at Hub Group, Inc..

“On January 11, 2022, Jonathan Ward notified the Board of Directors of Hub Group, Inc. (the “Company”) of his decision to resign as a director of the Company for personal reasons, with such resignation effective immediately.”