Quest Resource (QRHC) director awarded 2,777 RSUs, now holds 54,243 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lipstein Robert J reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp director Robert J. Lipstein received an award of 2,777 shares of common stock as restricted stock units at $1.26 per share. The RSUs were granted under the company’s 2024 Incentive Compensation Plan and are scheduled to vest on March 1, 2027.
After this grant, Lipstein beneficially owns 54,243 shares in total, including RSUs and common shares. This consists of 5,743 RSUs scheduled to fully vest on March 1, 2027, 20,000 RSUs scheduled to fully vest on August 13, 2026, and 28,500 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lipstein Robert J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,777 | $1.26 | $3K |
Holdings After Transaction:
Common Stock — 54,243 shares (Direct, null)
Footnotes (1)
- These reported securities represent restricted stock units ("RSUs") granted on June 30, 2026 under the Issuer's 2024 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting. The RSUs are scheduled to vest on March 1, 2027. Includes (a) 5,743 RSUs that are scheduled to fully vest on March 1, 2027, of which 2,966 RSUs had previously been inadvertently reported as deferred stock units, (b) 20,000 RSUs that are scheduled to fully vest on August 13, 2026 and (c) 28,500 shares of common stock beneficially owned by the Reporting Person.
Key Figures
RSU grant: 2,777 shares
Grant price: $1.26 per share
Total beneficial ownership: 54,243 shares
+4 more
7 metrics
RSU grant
2,777 shares
Restricted stock units granted on June 30, 2026
Grant price
$1.26 per share
Value assigned to RSU grant
Total beneficial ownership
54,243 shares
Shares beneficially owned following the transaction
RSUs vesting March 1, 2027
5,743 RSUs
Scheduled to fully vest on March 1, 2027
RSUs vesting August 13, 2026
20,000 RSUs
Scheduled to fully vest on August 13, 2026
Common shares held
28,500 shares
Common stock beneficially owned by the reporting person
RSU vesting date
March 1, 2027
Vesting date for the 2,777 newly granted RSUs
Key Terms
restricted stock units ("RSUs"), 2024 Incentive Compensation Plan, beneficially owned
3 terms
restricted stock units ("RSUs") financial
"These reported securities represent restricted stock units ("RSUs") granted on June 30, 2026 under the Issuer's 2024 Incentive Compensation Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2024 Incentive Compensation Plan financial
"These reported securities represent restricted stock units ("RSUs") granted on June 30, 2026 under the Issuer's 2024 Incentive Compensation Plan."
beneficially owned financial
"Includes (a) 5,743 RSUs ... (c) 28,500 shares of common stock beneficially owned by the Reporting Person."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What did Quest Resource (QRHC) director Robert J. Lipstein report in this Form 4?
Robert J. Lipstein reported receiving 2,777 restricted stock units of Quest Resource common stock at $1.26 per share. These RSUs were granted under the 2024 Incentive Compensation Plan and increase his total beneficial ownership to 54,243 shares, including both RSUs and common shares.
When do Robert J. Lipstein’s newly granted Quest Resource RSUs vest?
The 2,777 restricted stock units granted to Robert J. Lipstein are scheduled to vest on March 1, 2027. Vesting means each RSU converts into one share of common stock, provided the applicable conditions in the 2024 Incentive Compensation Plan are satisfied at that time.
What other restricted stock units does Robert J. Lipstein hold in Quest Resource (QRHC)?
In addition to the new grant, Lipstein holds 5,743 RSUs scheduled to fully vest on March 1, 2027 and 20,000 RSUs scheduled to fully vest on August 13, 2026. These RSUs each represent a contingent right to receive one share of Quest Resource common stock upon vesting.
Does this Form 4 show any open-market buying or selling of Quest Resource stock?
This Form 4 does not show open-market buying or selling. It reports a compensation-related grant of 2,777 restricted stock units to director Robert J. Lipstein, awarded under the 2024 Incentive Compensation Plan, rather than a purchase or sale on the open market.