STOCK TITAN

Quest Resource (NASDAQ: QRHC) director receives 3,097-share equity grant under 2024 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Quest Resource Holding Corp director Stephen A. Nolan received 3,097 shares of Common Stock as a grant under the company’s 2024 Incentive Compensation Plan. The award was priced at $1.13 per share and is classified as a grant or other acquisition rather than an open-market purchase.

After this grant, Nolan directly holds 95,420 shares of common stock, including 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 92,585 shares beneficially owned, of which 5,000 are held jointly with his spouse. He also holds deferred stock units under the company’s 2012 and 2024 incentive plans that will convert into shares when he separates from service.

Positive

  • None.

Negative

  • None.
Insider Nolan Stephen A
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,097 $1.13 $3K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 95,420 shares (Direct, null)
Footnotes (1)
  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) 63,059 DSUs granted under the Issuer's 2012 Incentive Compensation Plan and (b) 32,361 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 restricted stock units 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.
Equity grant 3,097 shares Common Stock grant under 2024 Incentive Compensation Plan
Grant reference price $1.13 per share Price for 3,097-share Common Stock grant
Direct holdings after grant 95,420 shares Common Stock directly held following reported transactions
Restricted stock units 20,000 units RSUs scheduled to fully vest on August 13, 2026
2012 plan DSUs 63,059 units Deferred stock units under 2012 Incentive Compensation Plan
2024 plan DSUs 32,361 units Deferred stock units under 2024 Incentive Compensation Plan
Beneficially owned common 92,585 shares Common Stock beneficially owned, including 5,000 held jointly with spouse
Jointly held shares 5,000 shares Subset of beneficially owned shares held jointly with spouse
deferred stock units ("DSUs") financial
"These reported securities represent deferred stock units ("DSUs") granted under the Issuer's 2024 Incentive Compensation Plan."
restricted stock units financial
"Includes (a) 20,000 restricted stock units that are scheduled to fully vest on August 13, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Compensation Plan financial
"granted under the Issuer's 2024 Incentive Compensation Plan."
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
beneficially owned financial
"92,585 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.
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nolan Stephen A

(Last)(First)(Middle)
C/O QUEST RESOURCE HOLDING CORPORATION
433 E. LAS COLINAS BOULEVARD, SUITE 675

(Street)
IRVING TEXAS 75039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Quest Resource Holding Corp [ QRHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026A3,097(1)A$1.1395,420(2)D
Common Stock112,585(3)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. The reported securities include (a) 63,059 DSUs granted under the Issuer's 2012 Incentive Compensation Plan and (b) 32,361 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.
3. Includes (a) 20,000 restricted stock units 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.
/s/ Brett W. Johnston, as Attorney-in-Fact05/04/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did QRHC director Stephen A. Nolan report in this Form 4?

Stephen A. Nolan reported receiving a grant of 3,097 shares of Quest Resource Holding Corp common stock. The award was made under the 2024 Incentive Compensation Plan as compensation, not an open-market purchase, and increased his directly held share position in the company.

Was the QRHC Form 4 transaction an open-market buy or a stock grant?

The Form 4 shows a stock grant, not an open-market buy. Nolan received 3,097 common shares classified as a grant or other acquisition under the 2024 Incentive Compensation Plan, reflecting equity compensation rather than a discretionary market transaction in Quest Resource Holding Corp shares.

How many QRHC shares does Stephen A. Nolan hold after this reported grant?

Following the reported grant, Nolan directly holds 95,420 Quest Resource Holding Corp common shares. This figure includes 20,000 restricted stock units scheduled to vest on August 13, 2026 and 92,585 beneficially owned shares, with 5,000 of those held jointly with his spouse.

What are the deferred stock units (DSUs) reported by Stephen A. Nolan at QRHC?

The filing notes DSUs granted under QRHC’s 2012 and 2024 Incentive Compensation Plans. These deferred stock units will be settled in common shares only when Nolan separates from service with the company, aligning part of his compensation with the company’s long-term performance.

At what price were the 3,097 QRHC shares granted to Stephen A. Nolan?

The 3,097 Quest Resource Holding Corp common shares were granted at $1.13 per share. This price reflects the value used for the equity compensation award under the 2024 Incentive Compensation Plan, rather than a price paid in an open-market stock purchase.

What future vesting is disclosed for Stephen A. Nolan’s QRHC equity awards?

The Form 4 states that 20,000 restricted stock units held by Nolan are scheduled to fully vest on August 13, 2026. Upon vesting, these units convert into common shares, further increasing his equity stake in Quest Resource Holding Corp if he remains in service until that date.