Johnston Brett Wade 4

What Happened Brett Wade Johnston, Senior VP of Finance and Chief Financial Officer of Quest Resource Holding Corp (QRHC), was granted 5,767 deferred stock units (DSUs) on April 3, 2026. The grant is reported at $1.18 per unit for a total reported value of $6,805. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-03; reported price: $1.18; total value: $6,805.
• Transaction type: Award/Grant (code A) — DSUs (deferred stock units).
• Shares/units held after transaction (beneficially): 93,350 total equivalents, comprised of:
  • 13,333 RSUs (vesting in two equal installments: Jun 26, 2026 & Jun 26, 2027)
  • 40,000 RSUs (vesting in three equal installments: Aug 13, 2026; Aug 13, 2027; Aug 13, 2028)
  • 5,767 DSUs (this grant; underlying shares issued upon separation)
  • 34,250 shares of common stock beneficially owned
• Footnote: DSUs are deferred units — the underlying common shares will be issued only when the reporting person separates from service.
• Filing timeliness: Form 4 was filed on Apr 7, 2026, within the standard two-business-day reporting window.

Context

• DSUs and RSUs are compensation awards and do not represent immediate open-market buying or selling; they signal executive compensation rather than a direct market bet.
• The DSUs will convert to actual shares only upon the CFO’s separation from service; RSUs have specified future vesting dates.