Quest Resource Holding Corp·4

Jul 2, 4:10 PM ET

Culpepper Glenn 4

Research Summary

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Quest Resource (QRHC) Director Glenn Culpepper Receives RSU Award

What Happened
Glenn Culpepper, a director of Quest Resource Holding Corp (QRHC), was granted 2,777 restricted stock units (RSUs) on June 30, 2026. The grant is reported as an "A" (award/grant) and is valued at $1.26 per unit, for a notional value of $3,499. These RSUs are a contingent right to receive one share of common stock upon vesting and are scheduled to vest on March 1, 2027. This is an equity award (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-06-30; reported filing date: 2026-07-02 (Form 4 filed timely).
  • Grant: 2,777 RSUs at $1.26 per RSU; total notional value $3,499.
  • Vesting: RSUs vest on March 1, 2027 (per footnote F1).
  • Holdings after report (per footnote F2/F3): includes 5,743 RSUs vesting March 1, 2027, 20,000 RSUs vesting August 13, 2026, and 41,585 shares of common stock; additionally, 15,000 DSUs (2012 plan) and 6,629 DSUs (2024 plan) that convert to shares upon separation (footnote F3).
  • Transaction code: A = Award/Grant (not a purchase or sale).

Context

  • RSUs are a form of equity compensation: they convert to actual shares only upon vesting (here, March 1, 2027), so this grant does not immediately change the number of voting shares outstanding held by the director.
  • DSUs listed in the footnotes are paid out only when the director leaves the company.
  • This filing reports an award rather than insider buying or selling; awards are common for compensation and do not necessarily indicate an immediate personal cash investment or market sentiment.