Form 4: Director Glenn Culpepper Receives Quest Resource RSUs

Director Glenn Culpepper was granted 2,966 restricted stock units as part of the Quest Resource Holding Corp 2024 Incentive Compensation Plan.

Summary

• Director Glenn Culpepper acquired 2,966 restricted stock units (RSUs) on May 31, 2026.
• The RSUs were granted under the Issuer's 2024 Incentive Compensation Plan at a price of $1.18 per share.
• The new RSUs are scheduled to vest on May 31, 2027.
• The reporting person's total beneficial ownership includes 64,551 shares of common stock and 21,629 deferred stock units (DSUs).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Director alignment with shareholder interests through equity-based compensation.
• Continued retention of board leadership via long-term incentive plans.

Negatives

• Minor dilution impact from the issuance of new restricted stock units.

Risks

• Market price volatility of common stock affecting the value of equity-based compensation.
• Vesting conditions dependent on continued service to the company.

Future Outlook

The filing does not provide forward-looking financial guidance, focusing solely on director equity compensation.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board incentives with long-term shareholder value in the environmental services sector.

Comparison to Industry Standards

• The use of RSUs and DSUs for director compensation is consistent with standard practices for small-cap public companies.
• The vesting schedule of one year for director RSUs is typical for industry peers.

Stakeholder Impact

• Minimal impact on existing shareholders due to the small size of the equity grant.

Next Steps

• Vesting of 20,000 RSUs on August 13, 2026.
• Vesting of 2,966 RSUs on May 31, 2027.

Key Dates

Keywords

Quest Resource Holding Corp, QRHC, Form 4, Insider Trading, Restricted Stock Units, Director Compensation