Quest Resource Holding Corp·4

Jul 2, 4:13 PM ET

FRIEDBERG DANIEL M. 4

Research Summary

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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.