Quest Resource (QRHC) Director Glenn Culpepper Receives Award

What Happened Glenn Culpepper, a director of Quest Resource Holding Corp (QRHC), received an award of 28,767 restricted stock units (RSUs) on August 13, 2026. The RSUs were reported at $1.46 per share for a total grant value of $42,000. This was a grant/award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: August 13, 2026; Form 4 filed August 17, 2026 (timely filing).
• Grant details: 28,767 RSUs @ $1.46 each; reported value $42,000.
• Vesting: These RSUs are scheduled to vest on August 13, 2027 (per footnote F1).
• Shares/units reported after transaction (per footnotes):
  • 61,585 shares of common stock beneficially owned,
  • 37,265 RSUs total (8,498 vest 3/1/2027 + 28,767 vest 8/13/2027),
  • 21,629 deferred stock units (15,000 under 2012 plan + 6,629 under 2024 plan) that convert to shares upon separation.
• Transaction code: A = Award/Grant. No sale or purchase code present.

Context RSUs are a contingent right to receive shares upon vesting — they are not immediately tradable shares and do not indicate an active buy or sell decision by the insider. DSUs are payable in shares upon separation from service. Grants to directors are common as compensation and should be interpreted differently than open-market purchases (which may signal conviction) or sales (which can signal liquidity needs).