Quest Resource (QRHC) CFO Brett Johnston Receives 100,000 RSUs

What Happened
Johnston Brett Wade (Senior VP of Finance and Chief Financial Officer) received a grant of 100,000 restricted stock units (RSUs) on August 13, 2026 at an assigned value/price of $1.46 per share (total $146,000). On the same date 3,246 shares were surrendered/withheld to satisfy tax withholding obligations at $1.46 per share (total ~$4,739). The RSUs are contingent awards that convert to common stock only as they vest.

Key Details

• Transaction date: August 13, 2026; Form 4 filed August 17, 2026 (within the 2-business-day filing window).
• Grant: 100,000 RSUs @ $1.46 (acquisition value $146,000).
• Tax withholding: 3,246 shares withheld/disposed @ $1.46 (value ~$4,739) to cover tax obligations.
• Shares/units noted in footnotes after the transaction:
  • 6,667 RSUs scheduled to vest June 26, 2027
  • 26,667 RSUs vesting in two equal installments: Aug 13, 2027 & Aug 13, 2028
  • 100,000 RSUs (this grant) vesting in three equal annual installments: Aug 13, 2027, Aug 13, 2028, Aug 13, 2029
  • 5,767 deferred stock units (DSUs) payable upon separation from service
  • 49,380 shares of common stock beneficially owned (actual shares)
• The 3,246-share disposition was tax withholding (routine), not an open-market sale.

Context
RSUs are deferred compensation: they do not represent transferrable common stock until they vest. Vesting here occurs over three years (one-third each year for the 100,000 RSUs). Tax-withholding by surrendering shares is common for RSU grants and typically reflects payroll tax obligations rather than a decision to sell stock. This filing is informational and does not by itself indicate the CFO’s view of the company’s near-term prospects.