Quest Resource (QRHC) Director Daniel Friedberg Receives RSU Award

What Happened

• Daniel M. Friedberg, a 10% owner and director (and related to Hampstead Park entities), was granted 19,942 restricted stock units (RSUs) on Aug 31, 2026. The grant is reported as an "A" (award/grant) at an implied value of $1.40 per share (total ~$27,919). The RSUs convert to one share of common stock each upon vesting, which is scheduled for March 1, 2027.

Key Details

• Transaction date and price: Aug 31, 2026; 19,942 RSUs @ $1.40 (grant value ~$27,919).
• Vesting: These RSUs are scheduled to vest on March 1, 2027 (see footnote F1).
• Shares/units reported after transaction (per footnotes): 49,085 common shares beneficially owned; 116,512 RSUs scheduled to vest on Mar 1, 2027 (87,745) and Aug 13, 2027 (28,767); and 97,068 deferred stock units (18,153 + 78,915) payable upon separation (DSUs).
• Filing details and relationships: Form 4 was filed jointly by Hampstead Park Environmental Services Investment Fund LLC, Daniel Friedberg and Hampstead Park Capital Management, LLC. Hampstead Park Capital is the sole member of the fund and Mr. Friedberg is CEO of Hampstead Park Capital and a Director of the issuer (see F4).
• Timeliness: Form 4 filed Sept 2, 2026 reporting the Aug 31, 2026 grant (filed within the typical reporting window).

Context

• These were equity awards (RSUs), not open-market purchases or sales. RSUs are contingent rights to receive shares at vesting and do not represent immediately tradable shares until vested. DSUs reported will be issued only upon Mr. Friedberg’s separation from service. Awards like this are common compensation events and are recorded as acquisitions on Form 4.