Quest Resource (QRHC) Director Nolan Receives RSU Award
$QRHC · Quest Resource Holding CorpResearch Summary
AI-generated summary of this SEC filing
Quest Resource (QRHC) Director Nolan Receives RSU Award
What Happened
Stephen A. Nolan, a director of Quest Resource Holding Corp (QRHC), was granted 2,755 restricted stock units (RSUs) on July 31, 2026. The filing reports a per-share value of $1.27, for a total reported grant value of $3,499. These RSUs are a contingent right to receive one share each upon vesting and are scheduled to vest on March 1, 2027. This transaction is an award/grant rather than a purchase or sale.
Key Details
- Transaction date and price: July 31, 2026; 2,755 RSUs @ $1.27 (total $3,499). Filing date: August 4, 2026 (filed within the usual 2-business-day window).
- Reported beneficial holdings (per filing footnotes): 92,585 common shares plus multiple RSU tranches — 8,498 RSUs (scheduled to vest Mar 1, 2027), 20,000 RSUs (scheduled to vest Aug 13, 2026) — and DSUs of 63,059 (2012 plan) and 32,361 (2024 plan).
- Footnote summary: F1 — the 2,755 securities are RSUs granted under the 2024 Incentive Compensation Plan and convert to one share each upon vesting; F2 — breakdown of existing RSUs and shares beneficially owned; F3 — DSUs will be issued as shares upon the reporting person’s separation from service.
- Filing timeliness: Report covers July 31 transaction and was filed Aug 4 — appears timely under Form 4 rules.
Context
RSUs are compensation awards that convert into shares only upon vesting, so this grant does not represent an immediate market purchase or sale. Grants are common for directors and executives as compensation; they do not by themselves signal buying or selling intent. Note the filing shows other RSU tranches (including a 20,000-RSU tranche vesting Aug 13, 2026) and deferred stock units that will be settled upon separation from service.