Moss Perry W. 4
Research Summary
AI-generated summary
Quest Resource CEO Perry W. Moss Sells 24,571 Shares
What Happened
- Perry W. Moss, President and CEO of Quest Resource Holding Corp (QRHC), disposed of 24,571 shares on 2026-03-12 to satisfy tax withholding related to equity awards. The shares were valued at $1.45 each for a total of $35,628. The Form 4 transaction is coded "F" (payment of exercise price or tax liability), i.e., shares were surrendered/withheld rather than an open-market sale.
Key Details
- Transaction date and price: 2026-03-12 at $1.45 per share; total value $35,628.
- Transaction code: F — payment of tax liability / withholding.
- Filing date and timeliness: Form 4 filed 2026-03-16; filing appears timely (filed by the second business day after the transaction).
- Shares owned / award details (from filing footnote F1): reporting person beneficially owns 69,367 common shares plus unvested awards including 13,333 RSUs (vest in two installments: Jun 26, 2026 & Jun 26, 2027), 143,067 RSUs (vest Mar 12, 2027 & Mar 12, 2028), 100,000 RSUs (vest in three installments Aug 13, 2026–2028), and 5,537 DSUs (common shares issued on separation).
Context
- Code F withholding is a routine administrative step when RSUs vest or options are exercised and taxes are due; it generally reflects tax payment rather than an independent decision to sell shares for investment reasons. The filing shows substantial remaining unvested awards, so this transaction reduced shares to cover taxes rather than signaling a broader change in ownership.