Quest Resource (QRHC) grants CFO 100,000 RSUs
Rhea-AI Filing Summary
Quest Resource Holding Corp’s Sr. VP of Finance and CFO, Brett Wade Johnston, reported equity compensation and a related share withholding. On August 13, 2026, he received a grant of 100,000 restricted stock units (RSUs) under the 2024 Incentive Compensation Plan, vesting in three equal installments on August 13, 2027, 2028, and 2029. On the same date, 3,246 shares of common stock were delivered or withheld at $1.46 per share for payment of exercise price or tax liability. Following these transactions, his beneficial holdings include RSUs scheduled to vest in 2027–2029, 5,767 deferred stock units (DSUs), and 49,380 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 96,754 shares
Net Buy
2 txns
Insider
Johnston Brett Wade
Role
Sr. VP of Finance and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,246 | $1.46 | $5K |
| Grant/Award | Common Stock F1, F2 | 100,000 | $1.46 | $146K |
Holdings After Transaction:
Common Stock — 188,481 shares (Direct)
Footnotes (2)
- F1. These reported securities represent restricted stock units ("RSUs") granted on August 13, 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 as follows: one-third upon the first anniversary of the Grant Date, one-third upon the second anniversary of the Grant Date, and one-third upon the third anniversary of the Grant Date.
- F2. Includes (a) 6,667 RSUs that are scheduled to vest on June 26, 2027, (b) 26,667 RSUs that are scheduled to vest in two equal installments on August 13, 2027 and August 13, 2028, (c) 100,000 RSUs that are scheduled to vest in three equal installments on August 13, 2027, August 13, 2028 and August 13, 2029, (d) 5,767 deferred stock units ("DSUs") (such shares of common stock underlying such DSUs shall be issued upon the Reporting Person's separation from service with the Issuer) and (e) 49,380 shares of common stock beneficially owned by the Reporting Person.
Key Figures
Shares delivered/withheld (Code F): 3,246 shares
RSU grant: 100,000 RSUs
Additional RSUs vesting June 26, 2027: 6,667 RSUs
+4 more
7 metrics
Shares delivered/withheld (Code F)
3,246 shares
Common Stock on August 13, 2026 at $1.46 per share for exercise price or tax liability
RSU grant
100,000 RSUs
Granted August 13, 2026 under 2024 Incentive Compensation Plan, vesting in three equal annual installments
Additional RSUs vesting June 26, 2027
6,667 RSUs
Scheduled to vest on June 26, 2027
RSUs vesting August 13, 2027 and 2028
26,667 RSUs
Scheduled to vest in two equal installments on August 13, 2027 and August 13, 2028
Deferred stock units (DSUs)
5,767 DSUs
Shares underlying DSUs to be issued upon separation from service
Common shares beneficially owned
49,380 shares
Shares of QRHC common stock beneficially owned by the reporting person after reported transactions
Price for Code F transaction
$1.46 per share
Price used for the 3,246-share exercise-price-or-tax-liability disposition on August 13, 2026
Key Terms
restricted stock units ("RSUs"), deferred stock units ("DSUs"), Incentive Compensation Plan, Grant Date
4 terms
restricted stock units ("RSUs") financial
"These reported securities represent restricted stock units ("RSUs") granted on August 13, 2026"
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.
deferred stock units ("DSUs") financial
"5,767 deferred stock units ("DSUs") (such shares of common stock underlying"
Incentive Compensation Plan financial
"RSUs granted on August 13, 2026 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.
Grant Date financial
"one-third upon the first anniversary of the Grant Date, one-third upon"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What equity award did QRHC CFO Brett Wade Johnston receive on August 13, 2026?
Brett Wade Johnston received a grant of 100,000 restricted stock units (RSUs) on August 13, 2026. These RSUs vest in three equal annual installments on August 13, 2027, August 13, 2028, and August 13, 2029, with each RSU converting into one QRHC common share upon vesting.
How do the newly granted QRHC RSUs to the CFO vest over time?
The 100,000 QRHC RSUs granted to the CFO vest in three equal tranches. One-third vests on August 13, 2027, another third on August 13, 2028, and the final third on August 13, 2029, each tranche representing a contingent right to receive common shares.
What QRHC equity holdings does the CFO have after the August 13, 2026 transactions?
After the transactions, the CFO’s beneficial holdings include 6,667 RSUs vesting June 26, 2027, 26,667 RSUs vesting in two installments in 2027 and 2028, 100,000 RSUs vesting 2027–2029, 5,767 DSUs, and 49,380 QRHC common shares.
Are the QRHC RSUs granted to the CFO under a specific incentive plan?
Yes, the 100,000 RSUs granted to the CFO on August 13, 2026 are issued under Quest Resource Holding Corp’s 2024 Incentive Compensation Plan. Each RSU is a contingent right to receive one share of QRHC common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.