Quest Resource (QRHC) CFO reports routine tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quest Resource Holding Corp Sr. VP of Finance and CFO Brett Wade Johnston had 1,623 shares of common stock withheld on June 26, 2026 at $1.24 per share to cover tax obligations. After this tax-withholding disposition, he directly holds 91,727 common shares, including RSUs, DSUs and owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnston Brett Wade
Role
Sr. VP of Finance and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,623 | $1.24 | $2K |
Holdings After Transaction:
Common Stock — 91,727 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 1,623 shares
Withholding price: $1.24 per share
Shares held after transaction: 91,727 shares
+4 more
7 metrics
Shares withheld for taxes
1,623 shares
Common Stock, tax-withholding disposition on June 26, 2026
Withholding price
$1.24 per share
Value used for tax-withholding disposition
Shares held after transaction
91,727 shares
Total direct common stock position after transaction
RSUs vesting June 26, 2027
6,667 RSUs
Restricted stock units scheduled to vest on June 26, 2027
Time-based RSUs in August tranches
40,000 RSUs
Vest in three equal installments Aug 13, 2026–2028
Deferred stock units
5,767 DSUs
Shares issuable upon separation from service
Currently owned common shares
39,293 shares
Common stock beneficially owned by the reporting person
Key Terms
restricted stock units ("RSUs"), deferred stock units ("DSUs"), tax-withholding disposition, beneficially owned
4 terms
restricted stock units ("RSUs") financial
"Includes (a) 6,667 restricted stock units ("RSUs") that are scheduled to vest"
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
"and (c) 5,767 deferred stock units ("DSUs") (such shares of common stock"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
beneficially owned financial
"and (d) 39,293 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 CFO Brett Wade Johnston report?
Quest Resource Holding Corp CFO Brett Wade Johnston reported a tax-withholding disposition of 1,623 common shares. The shares were withheld by the company to cover tax liabilities, rather than sold on the open market, as part of equity compensation-related activity.
Is the QRHC CFO’s Form 4 transaction an open-market sale?
No, the transaction is a tax-withholding disposition, not an open-market sale. The company withheld 1,623 shares to pay Johnston’s tax liability associated with equity awards, a routine compensation-related mechanism rather than a discretionary sale of stock.
What unvested equity awards does the QRHC CFO have outstanding?
The CFO has 6,667 restricted stock units scheduled to vest on June 26, 2027 and 40,000 RSUs vesting in three equal installments in August 2026, 2027 and 2028, plus 5,767 deferred stock units issuable upon his separation from service with Quest Resource.