Hub Group, Inc. (Nasdaq: HUBG) announced it received a Staff Delisting Determination from Nasdaq's Listing Qualifications Department on September 16, 2026, after failing to file several required periodic reports.

The determination was issued because the company has not submitted its Annual Report on Form 10-K for the year ended December 31, 2025, or its Quarterly Reports on Form 10-Q for the periods ended March 31, 2026 and June 30, 2026. The missing filings put the company out of compliance with Nasdaq Listing Rule 5250(c)(1).

The determination does not immediately result in the suspension of trading or delisting of Hub Group's Class A common stock.

Hub Group said it intends to appeal the determination by requesting a hearing before the Nasdaq Hearings Panel no later than September 23, 2026, which is within the seven-calendar-day deadline. Under Nasdaq rules, the hearing request will automatically stay the delisting action for 15 calendar days from the date of the request. The company also said it plans to request a further stay pending completion of the hearing process.

According to the Staff Determination, the Nasdaq Hearings Department typically schedules hearings within 30 to 45 days of a hearing request. Hub Group said it expects its Class A common stock to continue trading on the Nasdaq Global Select Market during the hearing process, though it offered no assurance of that outcome.

The company said it intends to present a plan to regain full compliance with Nasdaq's continued listing requirements. The press release noted risks including the company's ability to complete a previously announced restatement of its financial statements and the possibility that its compliance plan may not be accepted by the Nasdaq Hearings Panel.