Quest Resource (NASDAQ: QRHC) director receives 2,966 deferred stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Resource Holding Corp director Robert J. Lipstein reported a new equity grant and updated holdings. He received 2,966 deferred stock units, or DSUs, of common stock at $1.18 per share under the company’s 2024 Incentive Compensation Plan. These DSUs will convert into shares of common stock when he separates from service with the company.
After this update, his reported beneficial interest includes 20,000 restricted stock units scheduled to fully vest on August 13, 2026, and 28,500 shares of common stock. Together, these positions reflect 48,500 shares of common stock tied to his direct equity compensation and ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lipstein Robert J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,966 | $1.18 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,966 shares (Direct, null)
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. Includes (a) 20,000 restricted stock units that are scheduled to fully vest on August 13, 2026 and (b) 28,500 shares of common stock beneficially owned by the Reporting Person.
Key Figures
Deferred stock units granted: 2,966 units
Grant price per DSU: $1.18 per share
Restricted stock units: 20,000 RSUs
+2 more
5 metrics
Deferred stock units granted
2,966 units
DSUs of common stock granted on May 31, 2026
Grant price per DSU
$1.18 per share
Price used for 2,966 deferred stock units
Restricted stock units
20,000 RSUs
Scheduled to fully vest on August 13, 2026
Common shares owned
28,500 shares
Common stock beneficially owned by the reporting person
Total shares after update
48,500 shares
Common stock tied to RSUs and owned shares following transaction
Key Terms
deferred stock units, 2024 Incentive Compensation Plan, restricted stock units, beneficially owned
4 terms
deferred stock units financial
"These reported securities represent deferred stock units ("DSUs") granted under the Issuer's 2024 Incentive Compensation Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2024 Incentive Compensation Plan 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.
beneficially owned financial
"and (b) 28,500 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.
FAQ
What insider transaction did QRHC director Robert J. Lipstein report?
Robert J. Lipstein reported receiving 2,966 deferred stock units of Quest Resource Holding Corp common stock at $1.18 per share. These units are part of his equity compensation and will convert into shares when he separates from service with the company.
What are the terms of Robert J. Lipstein’s new QRHC deferred stock units?
The new grant to Robert J. Lipstein consists of 2,966 deferred stock units priced at $1.18 per share. Granted under the 2024 Incentive Compensation Plan, these units settle in common stock only after his separation from service with Quest Resource Holding Corp.
When will Robert J. Lipstein’s QRHC restricted stock units vest?
Robert J. Lipstein holds 20,000 restricted stock units in Quest Resource Holding Corp that are scheduled to fully vest on August 13, 2026. Once vested, these RSUs convert into common shares, further increasing the share component of his compensation-based holdings.
Under which plan were Robert J. Lipstein’s new QRHC deferred stock units granted?
The 2,966 deferred stock units granted to Robert J. Lipstein were issued under Quest Resource Holding Corp’s 2024 Incentive Compensation Plan. This plan provides equity-based awards, and these DSUs will be settled in common stock upon his separation from service with the issuer.