Director at Quest Resource (NASDAQ: QRHC) receives new DSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Resource Holding Corp director Stephen A. Nolan reported receiving 1,627 shares of common stock as deferred stock units at a price of $2.15 per share under the company’s 2024 Incentive Compensation Plan. These deferred stock units will convert into common stock when he separates from service with the company.
After this grant, his directly held position reported in this filing includes 87,394 common shares linked to deferred stock units. In addition, his beneficial holdings reported separately total 112,585 common shares, including 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 92,585 common shares, of which 5,000 are held jointly with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nolan Stephen A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,627 | $2.15 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 87,394 shares (Direct)
Footnotes (1)
- These reported securities represent deferred stock units ("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. The reported securities include (a) 63,657 DSUs granted under the Issuer's 2012 Incentive Compensation Plan and (b) 23,737 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. Includes (a) 20,000 RSUs that are scheduled to fully vest on August 13, 2026 and (b) 92,585 shares of common stock beneficially owned by the Reporting Person, of which 5,000 are held jointly by the Reporting Person and his spouse.
FAQ
What insider transaction did QRHC director Stephen A. Nolan report?
Stephen A. Nolan reported receiving 1,627 shares of Quest Resource Holding Corp common stock as deferred stock units at $2.15 per share. These units were granted under the 2024 Incentive Compensation Plan and will settle in shares when he leaves board service.
What are the key details of the 1,627 QRHC deferred stock units granted?
The filing shows a grant of 1,627 deferred stock units tied to Quest Resource common stock at $2.15 per share. These units were issued under the 2024 Incentive Compensation Plan and convert into common stock only upon Nolan’s separation from service with the issuer.
What incentive plans are referenced in the QRHC Form 4 filing?
The filing references Quest Resource’s 2012 and 2024 Incentive Compensation Plans. Nolan holds deferred stock units under both plans, and the underlying common shares will be delivered after his separation from service, according to the plan terms disclosed.
How many deferred stock units does Stephen A. Nolan hold in QRHC?
Nolan’s holdings include 63,657 deferred stock units under the 2012 Incentive Compensation Plan and 23,737 under the 2024 plan. The shares underlying these DSUs will be issued once he separates from service with Quest Resource Holding Corp.
When do Stephen A. Nolan’s Quest Resource restricted stock units vest?
The Form 4 states that 20,000 restricted stock units held by Stephen A. Nolan are scheduled to fully vest on August 13, 2026. Once vested, these RSUs are expected to convert into Quest Resource common shares as described in the filing.