Quest Resource (QRHC) CFO granted 5,767 DSUs, now holds 93,350 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnston Brett Wade reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp reported that Sr. VP of Finance and CFO Brett Wade Johnston received a grant of 5,767 deferred stock units on common stock valued at $1.18 per unit under the 2024 Incentive Compensation Plan.
The common shares underlying these DSUs will be issued when he separates from the company. After this grant, he beneficially owns 93,350 share equivalents, including restricted stock units scheduled to vest between June 2026 and August 2028 and 34,250 shares of common stock.
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 |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,767 | $1.18 | $7K |
Holdings After Transaction:
Common Stock — 93,350 shares (Direct)
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) 13,333 restricted stock units ("RSUs") that are scheduled to vest in two equal installments on June 26, 2026 and June 26, 2027, (b) 40,000 RSUs that are scheduled to vest in three equal installments on August 13, 2026, August 13, 2027 and August 13, 2028, (c) 5,767 DSUs (such shares of common stock underlying such DSUs shall be issued upon the Reporting Person's separation from service with the Issuer) and (d) 34,250 shares of common stock beneficially owned by the Reporting Person.
Key Figures
Deferred stock units granted: 5,767 units
Grant reference price: $1.18 per unit
Total holdings after transaction: 93,350 shares and units
+4 more
7 metrics
Deferred stock units granted
5,767 units
Grant on common stock reported on April 3, 2026
Grant reference price
$1.18 per unit
Value used for the 5,767 deferred stock units
Total holdings after transaction
93,350 shares and units
Beneficial ownership following the DSU grant
RSUs vesting June 2026-2027
13,333 RSUs
Scheduled to vest in two equal installments on June 26, 2026 and June 26, 2027
RSUs vesting August 2026-2028
40,000 RSUs
Scheduled to vest in three equal installments on August 13, 2026, 2027 and 2028
Deferred stock units outstanding
5,767 DSUs
Common shares to be issued upon separation from service
Common shares owned
34,250 shares
Common stock beneficially owned by the reporting person
Key Terms
deferred stock units ("DSUs"), 2024 Incentive Compensation Plan, restricted stock units ("RSUs"), beneficially owned
4 terms
deferred stock units ("DSUs") financial
"These reported securities represent deferred stock units ("DSUs") granted under the Issuer's 2024 Incentive Compensation Plan."
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 ("RSUs") financial
"Includes (a) 13,333 restricted stock units ("RSUs") that are scheduled to vest in two equal installments on June 26, 2026 and June 26, 2027"
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.
beneficially owned financial
"and (d) 34,250 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?
Brett Wade Johnston reported receiving 5,767 deferred stock units tied to Quest Resource Holding Corp common stock. The award was granted under the 2024 Incentive Compensation Plan at a reference value of $1.18 per unit, reflecting routine equity-based compensation rather than an open-market purchase.
What other restricted stock units does the QRHC CFO have outstanding?
Johnston holds 13,333 restricted stock units scheduled to vest in two installments on June 26, 2026 and June 26, 2027. He also holds 40,000 restricted stock units that vest in three equal installments on August 13, 2026, August 13, 2027 and August 13, 2028.
Is the QRHC CFO’s Form 4 transaction an open-market stock purchase or sale?
The reported transaction is a grant of deferred stock units, not an open-market purchase or sale. It reflects equity compensation awarded under the 2024 Incentive Compensation Plan, with common shares to be issued only when the executive leaves the company.