Quest Resource (NASDAQ: QRHC) director awarded 12,619 DSUs and holds 2.84M shares indirectly
Rhea-AI Filing Summary
FRIEDBERG DANIEL M. reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp director and 10% owner Daniel M. Friedberg received 12,619 deferred stock units (DSUs) of common stock at $1.19 per share under the company’s 2024 Incentive Compensation Plan. The shares underlying these DSUs will be issued when he separates from service with the company.
After this grant, Friedberg holds 83,779 DSUs in total, including 18,153 DSUs from the 2012 plan and 65,626 DSUs from the 2024 plan. He also has 49,085 direct common share interests, made up of 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 29,085 shares of common stock, plus 2,842,353 shares held indirectly through Hampstead Park Environmental Services Investment Fund LLC.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,619 | $1.19 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 Mr. Friedberg's separation from service with the Issuer. The reported securities include (a) 18,153 DSUs granted under the Issuer's 2012 Incentive Compensation Plan and (b) 65,626 DSUs granted under the Issuer's 2024 Incentive Compensation Plan. The shares of common stock underlying such DSUs shall be issued upon Mr. Friedberg'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) 29,085 shares of common stock beneficially owned by Mr. Friedberg. This Form 4 is filed jointly by Hampstead Park Environmental Services Investment Fund LLC ("Hampstead Park Environmental"), Daniel Friedberg and Hampstead Park Capital Management, LLC ("Hampstead Park Capital"). Hampstead Park Capital is the sole member of Hampstead Park Environmental, and Mr. Friedberg is the Chief Executive Officer of Hampstead Park Capital; each may therefore be deemed to control Hampstead Park Environmental. In addition, Mr. Friedberg is a Director of the Issuer.