Quest Resource (QRHC) Director Glenn Culpepper Receives RSU Award
$QRHC · Quest Resource Holding CorpResearch 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 2,755 restricted stock units (RSUs) on July 31, 2026. The grant price/value was $1.27 per share, for a reported total value of $3,499. This was an award (compensation/retention), not an open-market purchase or sale; the RSUs represent a contingent right to receive common stock upon vesting.
Key Details
- Transaction date: July 31, 2026; Form 4 filed August 4, 2026 (timely within the SEC two-business-day window).
- Grant: 2,755 RSUs at $1.27 per RSU; reported total value $3,499.
- Vesting: Per footnote F1, these RSUs are scheduled to vest on March 1, 2027.
- Reported holdings (footnote F2): includes 41,585 shares of common stock, 20,000 RSUs scheduled to vest Aug 13, 2026, and 8,498 RSUs scheduled to vest Mar 1, 2027.
- Deferred units (footnote F3): the reporting person also has DSUs (15,000 under 2012 plan; 6,629 under 2024 plan) that will be issued upon separation from service.
- Transaction code: A = Award/Grant. No sale or purchase of shares occurred.
Context RSUs are a form of compensation: they do not represent immediately tradable shares until they vest and convert to common stock. Grants like this are common for directors and are typically part of ongoing compensation or retention programs; they should be treated differently from market purchases when assessing insider sentiment.