SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* YEAGER MARK A (Last) (First) (Middle) 3050 HIGHLAND PARKWAY SUITE 100 (Street) DOWNERS GROVE IL 60515 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol HUB GROUP INC [ HUBG ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) President and COO
	3. Date of Earliest Transaction (Month/Day/Year) 02/15/2006
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/15/2006		M		15,000	A	$9.38	201,201(1)	D
Class A Common Stock	02/15/2006		M		35,000	A	$2.6	236,201(1)	D
Class A Common Stock	02/15/2006		S		20,000	D	$43	216,201(1)	D
Class A Common Stock	02/15/2006		S		2,500	D	$43.37	213,701(1)	D
Class A Common Stock	02/15/2006		S		10,000	D	$43.3	203,701(1)	D
Class A Common Stock	02/15/2006		S		10,000	D	$43.2	193,701(1)	D
Class A Common Stock	02/15/2006		S		7,500	D	$43.5	186,201(1)	D
Class A Common Stock								59,816	I	By Trust
Class A Common Stock								2,516(2)	I	By Trust
Class A Common Stock								2,516(3)	I	By Trust
Class B Common Stock								86,794(4)	D
Class B Common Stock								36,794(5)	I	By Trust
Class B Common Stock								36,794(6)	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$9.38	02/15/2006		M			15,000	12/10/2004	12/10/2009	Class A Common Stock	15,000	$0	0	D
Stock Options (Right to Buy)	$2.6	02/15/2006		M			35,000	12/16/2005	12/16/2012	Class A Common Stock	35,000	$0	57,000	D

Explanation of Responses:

1. 26,829 of the shares of Class A Common Stock are restricted stock subject to vesting requirements.

2. The reporting person disclaims beneficial ownership of these shares owned by the Alexander B. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

3. The reporting person disclaims beneficial ownership of these shares owned by the Samantha N. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

4. The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.

5. The reporting person disclaims beneficial ownership of these shares owned by the Alexander B. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.

6. The reporting person disclaims beneficial ownership of these shares owned by the Samantha N. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.

	/s/ Mark A. Yeager	02/16/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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