Lipstein Robert J 4
Research Summary
AI-generated summary
Quest Resource (QRHC) Director Robert Lipstein Receives RSU Award
What Happened
- Robert J. Lipstein, a director of Quest Resource Holding Corp (QRHC), was granted 2,777 restricted stock units (RSUs) on June 30, 2026. The award is reported at $1.26 per RSU for a total value of $3,499. These RSUs are a grant (award), not an open-market purchase or sale.
Key Details
- Transaction date and price: 6/30/2026; 2,777 RSUs at $1.26 each (reported value $3,499).
- Vesting: The 2,777 RSUs are scheduled to vest on March 1, 2027 (per footnote F1).
- Holdings after transaction: Reporting person beneficially owns 28,500 shares of common stock plus RSUs totaling 28,520 (8,520 RSUs vesting March 1, 2027 — which includes the 2,777 grant plus 5,743 RSUs previously reported — and 20,000 RSUs vesting August 13, 2026) (per footnote F2).
- Reporting/filing: Form 4 filed July 2, 2026 for a 6/30/2026 grant; the filing is not marked as late.
- Footnote correction: Footnote F2 notes that 2,966 RSUs had previously been inadvertently reported as deferred stock units and are now included correctly.
Context
- RSU grants are a common form of compensation for directors and typically convert to shares only upon vesting; they do not represent an immediate cash outlay or open-market buying signal. This transaction is an award/grant and should be viewed as compensation, not a direct indication of the director buying or selling stock.