Lipstein Robert J 4

What Happened Robert J. Lipstein, a director of Quest Resource Holding Corp (QRHC), was granted 2,966 deferred stock units (DSUs) on May 31, 2026 at a reported unit value of $1.18 each, for a total grant value of about $3,500. This was an award/compensation grant (not an open‑market purchase or sale); the underlying shares will be issued when the reporting person separates from service.

Key Details

• Transaction date: May 31, 2026; filing date (Form 4): June 2, 2026 (Accession 0000921895-26-001537). No late‑filing flag reported.
• Grant details: 2,966 DSUs @ $1.18 per share = $3,500 total.
• Post‑transaction holdings (reported): 2,966 DSUs (deferred), plus 20,000 restricted stock units scheduled to vest Aug 13, 2026, and 28,500 shares of common stock beneficially owned (per footnote disclosures).
• Footnote F1: DSUs are deferred stock units; underlying common shares will be issued upon the reporting person’s separation from service.
• Footnote F2: Clarifies that the reporting person also has 20,000 RSUs (vest Aug 13, 2026) and directly/beneficially owns 28,500 shares.

Context DSUs are a form of deferred compensation and do not represent an immediate market purchase or sale; they typically indicate compensation rather than a direct bullish or bearish trading signal. The grant value here is modest (~$3.5k). The RSUs noted will convert to shares only when they vest (Aug 13, 2026), and the DSUs convert only upon separation.