FRIEDBERG DANIEL M. 4

What Happened

• Daniel M. Friedberg, a 10% owner of Quest Resource Holding Corp (QRHC) and a director (and CEO of the entity that controls one reporting holder), was granted 6,984 deferred stock units (DSUs) on January 31, 2026. The grant is reported as an award (code A) at $2.15 per share, a total grant value of $15,016. These DSUs are deferred — the underlying common shares will be issued only upon Mr. Friedberg’s separation from service.

Key Details

• Transaction date: 2026-01-31 (Filed on Form 4: 2026-02-03)
• Grant: 6,984 DSUs at $2.15 each; total value reported $15,016
• Beneficial ownership reported in footnotes (per Form 4): 18,153 DSUs (2012 plan) + 44,475 DSUs (2024 plan) + 20,000 RSUs (vest Aug 13, 2026) + 20,585 common shares — totaling approximately 103,213 shares/units referenced in the filing
• Footnote: DSUs under the 2012 and 2024 plans (and the newly reported DSUs) are deferred and will convert to common shares only upon separation from service
• Filing: Form 4 was filed Feb 3, 2026; the form does not state a late-filing flag

Context

• This was an award/grant (not an open-market purchase or sale). DSUs are compensation-related and do not represent immediate tradable shares; they are commonly used to defer compensation until departure from the company. For investors, grants signal compensation expense or retention incentives but are not direct bullish purchases of tradable stock. The filing was made jointly with Hampstead Park entities per footnote disclosures showing control relationships.