Form 4: QRHC Director Boosts Stake with DSU Grant

Quest Resource Holding Corp Director Sarah Tomolonius acquired 2,302 deferred stock units, increasing her beneficial ownership.

Summary

• Sarah Tomolonius, a Director of Quest Resource Holding Corp (QRHC), acquired 2,302 Deferred Stock Units (DSUs) on October 31, 2025.
• The DSUs were granted under the Issuer's 2024 Incentive Compensation Plan at a price of $1.52 per unit.
• These DSUs will be issued as shares of common stock upon Ms. Tomolonius's separation from service with the Issuer.
• Following this transaction, Ms. Tomolonius beneficially owns a total of 36,353 DSUs, comprising 18,027 DSUs from the 2012 plan and 18,326 DSUs from the 2024 plan.
• Additionally, she beneficially owns 44,335 securities, which include 20,000 Restricted Stock Units (RSUs) scheduled to fully vest on August 13, 2026, and 24,335 shares of common stock.

Sentiment

Score: 7

Explanation: The acquisition of deferred stock units by a director, even as part of compensation, is generally a positive signal, indicating continued alignment of interests with shareholders and confidence in the company's future. It's not an open market purchase, so the positive impact is moderate.

Positives

• A director's acquisition of deferred stock units, even as part of compensation, indicates continued alignment of interests with shareholders and confidence in the company's future prospects.

Future Outlook

The acquired Deferred Stock Units will be issued as common stock upon the reporting person's separation from service with the Issuer. Additionally, 20,000 Restricted Stock Units are scheduled to fully vest on August 13, 2026.

Industry Context

This transaction represents a standard form of equity compensation for directors, aligning their long-term interests with those of the company's shareholders. Such grants are common practice across various industries to incentivize leadership and retain talent.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with long-term shareholder value through equity compensation.

Next Steps

• Issuance of common stock underlying the Deferred Stock Units upon Sarah Tomolonius's separation from service with Quest Resource Holding Corp.
• Vesting of 20,000 Restricted Stock Units on August 13, 2026.

Key Dates

Recommendation

This Form 4 filing reports a routine grant of deferred stock units to a director as part of their compensation package. While insider acquisition is generally a positive signal, this specific transaction is not an open market purchase and does not introduce new fundamental information that would significantly alter the investment thesis. It primarily reinforces management's alignment with shareholder interests, supporting a 'hold' recommendation based solely on this filing.

Keywords

Quest Resource Holding Corp, QRHC, Form 4, Insider Transaction, Director, Deferred Stock Units, DSU, Equity Compensation, Beneficial Ownership