Quest Resource Holding Corp·4

Jun 2, 7:40 PM ET

FRIEDBERG DANIEL M. 4

Research Summary

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QRHC 10% Owner Daniel Friedberg Receives RSU Award

What Happened

  • Daniel M. Friedberg, a 10% owner of Quest Resource Holding Corp (QRHC) and a company director, received a grant of 23,661 restricted stock units (RSUs) on May 31, 2026.
  • The grant was reported at a per‑share value of $1.18, for an aggregate reported value of $27,920. This was an award (compensation), not an open‑market purchase or sale.

Key Details

  • Transaction date and value: 23,661 RSUs granted on 2026-05-31 at $1.18 per share (total $27,920).
  • Vesting: These RSUs are scheduled to vest on 2027-05-31 (see footnote F1).
  • Holdings reported (see footnote F2 & F3): Mr. Friedberg beneficially owns 29,085 shares of common stock; additionally he has 23,661 RSUs (this grant) plus 20,000 RSUs scheduled to vest 2026-08-13, and DSUs totaling 97,068 (18,153 under 2012 plan and 78,915 under 2024 plan) which convert to shares upon separation from service.
  • Filing parties (footnote F4): Form 4 was filed jointly by Hampstead Park Environmental Services Investment Fund LLC, Daniel Friedberg and Hampstead Park Capital Management, LLC; Hampstead Park Capital is the sole member of Hampstead Park Environmental and Mr. Friedberg is its CEO. Mr. Friedberg is also a company director.
  • Timeliness: Filing date 2026-06-02 for a 2026-05-31 grant — no late‑filing designation is indicated on the Form 4.

Context

  • RSUs are a form of compensation representing a contingent right to receive shares upon vesting; they do not represent immediate transferable stock. DSUs are payable in shares upon separation from service.
  • As this is an award to a 10% owner/director, it reflects compensation governance rather than an open‑market investment signal.