FRIEDBERG DANIEL M. 4

What Happened

• Daniel M. Friedberg, a 10% owner of Quest Resource Holding Corp (QRHC) and a company director, received a grant of 13,289 deferred stock units (DSUs) on April 30, 2026. The grant price is reported at $1.13 per unit, a total reported value of $15,017.
• This was an award/grant (code A) under the issuer’s incentive compensation plan — not an open‑market purchase or sale. DSUs are payable in common stock only upon Mr. Friedberg’s separation from service, so these units are not immediately tradable.

Key Details

• Transaction date and filing: Grant dated 2026-04-30; Form 4 filed 2026-05-04.
• Grant specifics: 13,289 DSUs @ $1.13 each; total reported value $15,017.
• Reported holdings (per filing footnotes): beneficial ownership includes 29,085 common shares, 20,000 restricted stock units (vesting Aug 13, 2026), and DSUs referenced in the filing’s footnotes. The filing identifies DSUs granted under prior plans as well; the newly reported grant is 13,289 DSUs.
• Footnote context: DSUs granted under the 2024 and 2012 incentive plans will convert to shares only when Mr. Friedberg separates from service (i.e., they’re deferred compensation).
• Filing timeliness: Form shows the transaction date and was filed on May 4, 2026; the filing itself does not indicate any special late‑filing notation.

Context

• Awards like DSUs are compensation, not market buys — they do not represent an immediate cash outlay by the insider nor an immediate sale of stock. Because the underlying shares are issued only upon separation, these grants are a deferred compensation vehicle rather than an active bullish bet.