Form 4: QRHC Director Buys 5,000 Shares

A director at Quest Resource Holding Corp purchased 5,000 shares of common stock, increasing their direct beneficial ownership.

Summary

• Glenn Culpepper, a Director of Quest Resource Holding Corp (QRHC), purchased 5,000 shares of common stock.
• The shares were acquired on August 14, 2025, at a weighted average price of $1.679 per share, with prices ranging from $1.67 to $1.68.
• Following this transaction, Glenn Culpepper directly beneficially owns 51,585 shares of common stock.
• This total includes 20,000 Restricted Stock Units (RSUs) scheduled to fully vest on August 13, 2026, and 31,585 shares of common stock.
• Additionally, Glenn Culpepper holds 21,629 Deferred Stock Units (DSUs), comprising 15,000 DSUs from the 2012 Incentive Compensation Plan and 6,629 DSUs from the 2024 Incentive Compensation Plan, which will convert to common stock upon separation from service.

Sentiment

Score: 8

Explanation: The purchase of common stock by a director indicates strong confidence in the company's current valuation and future prospects. This insider buying aligns management's interests with shareholders and is generally viewed as a positive market signal.

Positives

• A company director purchased 5,000 shares of common stock, indicating confidence in the company's future prospects.
• The purchase was made at an average price of $1.679 per share, suggesting management sees value at this price point.
• The director's total beneficial ownership increased to 51,585 shares, aligning their interests further with shareholders.

Future Outlook

The filing does not provide specific forward-looking statements or guidance beyond the vesting schedule of RSUs and conversion terms of DSUs.

Industry Context

This Form 4 filing, detailing an insider purchase, is a routine disclosure and does not provide broader industry context or trends. Insider buying can sometimes signal management's positive outlook on the company's future performance relative to its industry peers.

Comparison to Industry Standards

• This Form 4 filing is a standard disclosure of insider trading activity and does not contain information for direct comparison to industry-specific financial benchmarks or competitor results. Insider buying, in general, is often viewed positively as it aligns management's interests with shareholders.

Stakeholder Impact

• Shareholders: Potentially positive, as insider buying can signal confidence and align management interests with shareholder value.

Next Steps

• 20,000 Restricted Stock Units (RSUs) are scheduled to fully vest on August 13, 2026.
• 21,629 Deferred Stock Units (DSUs) will be issued as common stock upon the Reporting Person's separation from service with the Issuer.

Key Dates

Recommendation

The director's purchase of 5,000 shares at $1.679 signals strong insider confidence in Quest Resource Holding Corp's valuation and future performance. Insider buying is typically a bullish indicator, suggesting that those with the most intimate knowledge of the company believe the stock is undervalued or has significant upside potential. This aligns management's interests with shareholders and could be a positive catalyst for the stock.

Keywords

Quest Resource Holding Corp, QRHC, Insider Buying, Director Stock Purchase, SEC Form 4, Stock Ownership, Glenn Culpepper, Restricted Stock Units, Deferred Stock Units