Culpepper Glenn 4
Research Summary
AI-generated summary
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.