Culpepper Glenn 4
Research Summary
AI-generated summary
Quest Resource (QRHC) Director Glenn Culpepper Buys 5,000 Shares
What Happened
Glenn Culpepper, a director of Quest Resource Holding Corp (QRHC), purchased 5,000 shares on March 16, 2026 at $1.16 per share in an open-market/private purchase (Code P), for a total reported cost of $5,800. This was a buy transaction (a purchase rather than a sale).
Key Details
- Transaction date and price: 2026-03-16 at $1.16 per share (total $5,800).
- Transaction type: Purchase (Code P), reported on Form 4 filed 2026-03-18 (filed within the normal two-business-day window).
- Shares owned after transaction: reporting shows 41,585 previously beneficially owned shares + 5,000 purchased = 46,585 beneficially owned shares.
- Additional holdings noted in footnotes: (F1) 20,000 restricted stock units (RSUs) scheduled to fully vest on August 13, 2026; (F2) 15,000 DSUs (2012 plan) and 6,629 DSUs (2024 plan) — DSU shares are issuable upon separation from service.
- No indication of a 10b5-1 plan, tax withholding or cashless exercise in this filing.
Context
Insider purchases can be of interest to retail investors because they indicate executives or directors acquiring company stock; this was a small open-market buy (≈$5.8k), rather than a large block trade. The RSUs and DSUs reported are grant- or separation-based holdings and are different from immediately vested common shares.