Nolan Stephen A 4

What Happened
Nolan Stephen A, a director of Quest Resource Holding Corp (QRHC), received a grant of 2,966 restricted stock units (RSUs) on May 31, 2026. The award is reported at $1.18 per RSU for a total reported value of $3,500. This was an award/compensation grant (Form 4 transaction code "A"), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-31; 2,966 RSUs at $1.18 each (total $3,500).
• Vesting: These RSUs are scheduled to vest on May 31, 2027 (Footnote F1).
• Shares/units beneficially owned after the grant (per filing, Footnote F2 & F3):
  • 92,585 shares of common stock (5,000 held jointly with spouse)
  • 2,966 RSUs granted 5/31/2026 (vest 5/31/2027)
  • 20,000 RSUs scheduled to vest 8/13/2026
  • 95,420 deferred stock units (DSUs) comprised of 63,059 (2012 plan) and 32,361 (2024 plan); underlying shares issued upon separation from service (Footnote F3)
• Filing: Form 4 was filed on June 2, 2026 reporting the May 31 transaction; no late filing flag is indicated in the report.
• Transaction type: Award/grant (compensation), not a market buy or sell — such grants are routine compensation and do not directly signal an insider buying/selling shares.

Context
RSUs are a form of compensation giving a contingent right to receive shares upon vesting; DSUs are deferred units that convert to shares when the director separates from service. Because this transaction is a compensation grant (small dollar value here, ~$3.5k), it should be viewed as routine director compensation rather than a direct endorsement or rejection of the company's near-term prospects.