Hub Group said Nasdaq has started a delisting process for its Class A common stock after the company missed three required filings: its 2025 annual report and its first* and second-quarter 2026 reports.
The company said it received the staff delisting determination on Sept. 16, 2026. The notice follows Hub Group’s failure to file its Form 10-K for the year ended Dec. 31, 2025, along with its Form 10-Qs for the quarters ended March 31, 2026 and June 30, 2026.
The filing lapse puts Hub Group out of compliance with Nasdaq listing rule 5250(c)(1). Even so, the notice does not immediately suspend trading or remove the stock from the exchange.
Hub Group said it plans to appeal by requesting a hearing before the Nasdaq hearings panel no later than Sept. 23, 2026. That request would automatically delay the delisting action for 15 calendar days, and the company also said it will seek an additional stay while the appeal is pending.
Nasdaq typically schedules those hearings within 30 to 45 days of a request. Hub Group said it expects to present a plan to restore compliance and believes its stock can continue trading on Nasdaq’s Global Select Market during the process. The market has reacted to these announcements by moving the company's shares -0.78% to a price of $33.12. If you want to know more, read the company's complete 8-K report here.
