Director at Quest Resource (NASDAQ: QRHC) granted 2,777 RSUs as equity award
Rhea-AI Filing Summary
Tomolonius Sarah reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp director Tomolonius reported receiving a grant of 2,777 shares of common stock as restricted stock units at $1.26 per share on June 30, 2026 under the 2024 Incentive Compensation Plan. These RSUs are scheduled to vest on March 1, 2027.
After this grant, direct holdings total 50,078 shares, including 5,743 RSUs vesting on March 1, 2027, 20,000 RSUs vesting on August 13, 2026, and 24,335 shares of common stock. The filing also notes 17,429 DSUs from the 2012 plan and 26,281 DSUs from the 2024 plan, to be settled in shares upon separation from service.
Positive
- None.
Negative
- None.
Insights
Director receives routine RSU grant, expanding equity-based compensation.
The filing shows a grant of 2,777 restricted stock units at $1.26 per share to a director of Quest Resource Holding Corp, vesting on March 1, 2027. This is characterized as a grant or award under the company’s 2024 Incentive Compensation Plan.
After the grant, direct holdings are 50,078 shares, combining RSUs and common stock, while additional deferred stock units will convert to shares upon separation from service. This pattern fits typical director compensation and, based on the disclosed figures, appears to be a routine equity award rather than a directional bet on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,777 | $1.26 | $3K |
| holding | Common Stock | -- | -- | -- |
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) 24,335 shares of common stock beneficially owned by the Reporting Person. The reported securities include (a) 17,429 deferred stock units ("DSUs") granted under the Issuer's 2012 Incentive Compensation Plan and (b) 26,281 DSUs granted under the Issuer's 2024 Incentive Compensation Plan. The shares of common stock underlying such DSUs shall be issued upon the Reporting Person's separation from service with the Issuer.