Form 4: QRHC CEO Sells Shares for Tax Withholding

Quest Resource Holding Corp's President and CEO, Perry W. Moss, disposed of 24,571 common shares for tax liability at $1.45 per share.

Summary

• Perry W. Moss, President and CEO of Quest Resource Holding Corp (QRHC), disposed of 24,571 shares of common stock.
• The transaction occurred on March 12, 2026, at a price of $1.45 per share.
• This disposition was for the payment of tax liability, indicated by transaction code "F".
• Following this transaction, Mr. Moss beneficially owns 331,304 shares of common stock.
• The beneficial ownership includes 13,333 restricted stock units (RSUs) scheduled to vest in two equal installments on June 26, 2026, and June 26, 2027.
• It also includes 143,067 RSUs scheduled to vest in two equal installments on March 12, 2027, and March 12, 2028.
• Additionally, 5,537 deferred stock units (DSUs) will be issued upon Mr. Moss's separation from service with the Issuer.
• Another 100,000 RSUs are scheduled to vest in three equal installments on August 13, 2026, August 13, 2027, and August 13, 2028.
• The remaining 69,367 shares are directly beneficially owned common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition is for tax purposes, which is a standard and expected occurrence upon equity award vesting, and does not reflect a change in management's confidence.

Positives

• The transaction is a routine tax withholding event, not a discretionary sale, which typically indicates no negative sentiment from the insider regarding the company's future.
• The CEO retains a significant beneficial ownership of 331,304 shares, demonstrating continued alignment with shareholder interests.

Negatives

• A reduction in direct share ownership, even for tax purposes, slightly decreases the insider's direct stake.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider dispositions for tax withholding purposes are common across all industries when equity awards vest. This transaction does not inherently signal a change in the company's operational or strategic direction relative to industry peers.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a discretionary sale indicating a change in insider sentiment. The CEO maintains a substantial stake.

Next Steps

• Vesting of 13,333 restricted stock units in two equal installments on June 26, 2026, and June 26, 2027.
• Vesting of 143,067 restricted stock units in two equal installments on March 12, 2027, and March 12, 2028.
• Vesting of 100,000 restricted stock units in three equal installments on August 13, 2026, August 13, 2027, and August 13, 2028.
• Issuance of 5,537 shares underlying deferred stock units upon the Reporting Person's separation from service.

Key Dates

Recommendation

The filing details a routine insider transaction for tax withholding purposes, which is a common and expected event when equity awards vest. It does not indicate a change in the company's fundamentals or the insider's long-term view. Therefore, a 'hold' recommendation is appropriate as this event alone does not provide a basis for a significant change in investment thesis.

Keywords

Quest Resource Holding Corp, QRHC, Perry W. Moss, Insider Trading, Form 4, SEC Filing, Stock Sale, Tax Withholding, Restricted Stock Units, RSUs, Deferred Stock Units, DSUs, CEO