FRIEDBERG DANIEL M. 4
Research Summary
AI-generated summary
Quest Resource (QRHC) Director Daniel Friedberg Receives RSU Award
What Happened Daniel M. Friedberg, a beneficial 10% owner and a director of Quest Resource Holding Corp (QRHC), was granted 22,158 restricted stock units (RSUs) on June 30, 2026. The grant price/value is reported as $1.26 per share, for a total reported value of $27,919. These RSUs are an award (code A) and represent a contingent right to receive one share of common stock per RSU upon vesting.
Key Details
- Transaction date and type: June 30, 2026 — Grant/award of 22,158 RSUs (code A) at $1.26/unit; total $27,919.
- Vesting: The newly granted RSUs are scheduled to vest on March 1, 2027 (Footnote F1).
- Reported holdings after this grant (per footnotes):
- 29,085 shares of common stock beneficially owned;
- 87,977 RSUs total scheduled to vest (45,819 vesting Mar 1, 2027 + 20,000 vesting Aug 13, 2026 + 22,158 newly granted);
- 97,068 deferred stock units (DSUs) that will convert to shares upon separation from service (18,153 under 2012 plan + 78,915 under 2024 plan) (Footnotes F2–F3).
- Filing/timeliness: Form 4 covering the June 30 transaction was filed July 2, 2026 (timely).
- Joint filing/relationships: The Form 4 is filed jointly with Hampstead Park Environmental Services Investment Fund LLC and Hampstead Park Capital Management, LLC; Hampstead Park Capital is the sole member of Hampstead Park Environmental and Mr. Friedberg is CEO of Hampstead Park Capital (Footnote F4).
Context
- This was a compensation award (RSUs), not an open-market purchase or sale; RSUs convert to common stock only if and when they vest.
- DSUs reported are payable upon separation from service and are distinct from the RSUs that vest on set dates.
- As a reported 10% owner and director, Mr. Friedberg’s award reflects insider compensation rather than a direct market buy/sell signal.