Quest Resource (QRHC) Director Reports 10,409 RSUs Vested, 20,000 RSUs Granted

Rhea-AI Filing Summary

Insider stock award and ownership update for Quest Resource Holding Corp (QRHC). Director Sarah Tomolonius reported that 10,409 restricted stock units (RSUs) vested on August 12, 2025, converting one-for-one into common shares. She also reported receipt of 20,000 RSUs granted on August 13, 2025 that are scheduled to fully vest on August 13, 2026.

Following the reported transactions, the filing shows Ms. Tomolonius beneficially owns 44,335 shares of common stock (directly or via convertible units). The report also discloses deferred stock units of 18,027 (2012 plan) and 11,910 (2024 plan) that will convert to shares upon her separation from service.

Positive

• 10,409 RSUs vested on August 12, 2025 and converted into common stock on a one-for-one basis.
• 20,000 RSUs granted on August 13, 2025 with scheduled full vesting on August 13, 2026.
• Total beneficial ownership reported as 44,335 shares following the reported transactions.
• Deferred stock units disclosed: 18,027 (2012 plan) and 11,910 (2024 plan), which will convert to shares upon separation from service.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received vested RSUs and was granted additional RSUs, modestly increasing direct holdings.

The Form 4 documents a routine director compensation event: 10,409 RSUs vested and converted into common stock on August 12, 2025, and an additional 20,000 RSUs were granted on August 13, 2025 with a one-year vesting schedule. The filing reports total beneficial ownership of 44,335 shares after the transactions. These are standard equity-based compensation disclosures and do not indicate any sale or pledging activity. Impact is informational and typically neutral for valuation absent material size context relative to outstanding shares.

Corporate Governance Expert

TL;DR: Disclosure aligns with Section 16 reporting requirements for director equity awards and deferred units.

The filing clarifies the nature and timing of equity awards: vested RSUs from a 2024 grant converted one-for-one to common shares, new RSUs granted with a defined vesting date, and DSUs from two incentive plans that convert upon separation. The submission was signed by an attorney-in-fact, consistent with delegated filing practices. From a governance perspective, this is a standard update demonstrating board compensation through equity and the existence of deferred awards tied to service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tomolonius Sarah

(Last) (First) (Middle)

3481 PLANO PARKWAY

(Street)

THE COLONY TX 75056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Quest Resource Holding Corp [ QRHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/12/2025		M(1)		10,409	A	(2)	24,335	D
Common Stock	08/13/2025		A		20,000(3)	A	(2)	44,335(4)	D
Common Stock								29,937(5)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	08/12/2025		M(1)			10,409	(1)	(1)	Common Stock	10,409	$0	0	D

Explanation of Responses:

1. Represents restricted stock units ("RSUs") granted on August 12, 2024 that fully vested on August 12, 2025. Each RSU represents a contingent right to receive one share of common stock upon vesting.

2. RSUs convert into common stock on a one-for-one basis.

3. Represents RSUs granted on August 13, 2025 that are scheduled to fully vest on August 13, 2026. Each RSU represents a contingent right to receive one share of common stock upon vesting. The Reporting Person has reported prior awards of RSUs in Table II of Form 4.

4. Includes (a) 20,000 RSUs that are scheduled to fully vest on August 13, 2026 (b) 24,335 shares of common stock beneficially owned by the Reporting Person.

5. The reported securities include (a) 18,027 deferred stock units ("DSUs") granted under the Issuer's 2012 Incentive Compensation Plan and (b) 11,910 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.

	/s/ Brett W. Johnston, as Attorney-in-Fact	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Sarah Tomolonius report on Form 4 for QRHC?

The Form 4 reports that 10,409 RSUs vested on August 12, 2025 and converted to common stock and that she was granted 20,000 RSUs on August 13, 2025 scheduled to vest on August 13, 2026.

How many shares does the reporting person beneficially own after the transactions?

The filing shows 44,335 shares of common stock beneficially owned following the reported transactions.

Are there any deferred stock units disclosed for QRHC's director?

Yes. The filing discloses 18,027 DSUs under the 2012 plan and 11,910 DSUs under the 2024 plan, which convert to shares upon separation from service.

Do the RSUs convert to common stock on a one-for-one basis?

Yes. The filing states that RSUs convert into common stock on a one-for-one basis.

When were the reported transactions executed and when was the Form 4 filed?

The earliest transaction date listed is August 12, 2025 and the Form 4 submission bears a signature date of August 14, 2025 by an attorney-in-fact.