Culpepper Glenn 4
4 · Quest Resource Holding Corp · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Quest Resource (QRHC) Director Glenn Culpepper Receives RSU Award
What Happened
Glenn Culpepper, a director of Quest Resource Holding Corp (QRHC), was granted 2,966 restricted stock units (RSUs) on May 31, 2026. The grant is reported at $1.18 per RSU for a total reported value of $3,500. This transaction is an award (code A), not an open‑market purchase or sale; the RSUs represent a contingent right to receive one share per RSU upon vesting.
Key Details
- Transaction date: 2026-05-31; Form 4 filed: 2026-06-02 (appears filed within the normal reporting window).
- Grant: 2,966 RSUs at $1.18 per share; total reported value $3,500 (code A).
- Vesting: These RSUs are scheduled to vest on May 31, 2027 (Footnote F1).
- Holdings reported (Footnote F2 & F3): 41,585 shares of common stock beneficially owned; 20,000 RSUs vesting Aug 13, 2026; 2,966 RSUs vesting May 31, 2027; plus 15,000 DSUs (2012 plan) and 6,629 DSUs (2024 plan) that will convert to shares upon separation from service.
- No 10b5-1 plan, tax‑withholding sale, or late‑filing flag is indicated in the filing.
Context
RSUs are compensation awards that convert to shares only if/when they vest, so they are primarily a retention/compensation signal rather than an immediate expression of market confidence like an open‑market purchase. DSUs (deferred stock units) reported will be issued only upon the director’s separation from service.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-31$1.18/sh+2,966$3,500→ 64,551 total
- 21,629
Common Stock
[F3]
Footnotes (3)
- [F1]These reported securities represent restricted stock units ("RSUs") granted on May 31, 2026 under the Issuer's 2024 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting. The RSUs are scheduled to vest on May 31, 2027.
- [F2]Includes (a) 2,966 RSUs that are scheduled to fully vest on May 31, 2027, (b) 20,000 RSUs that are scheduled to fully vest on August 13, 2026 and (c) 41,585 shares of common stock beneficially owned by the Reporting Person.
- [F3]The reported securities include (a) 15,000 deferred stock units ("DSUs") granted under the Issuer's 2012 Incentive Compensation Plan and (b) 6,629 DSUs granted under the Issuer's 2024 Incentive Compensation Plan. The shares of common stock underlying such DSUs shall be issued upon the Reporting Person's separation from service with the Issuer.