Form 4: Quest Resource: Director Dunning's Stock Transactions
SEC Form 4
Director Audrey Dunning reports stock transactions involving restricted stock units and deferred stock units of Quest Resource Holding Corp.
Summary
- Director Audrey Dunning reported the vesting of 10,409 Restricted Stock Units (RSUs) on August 12, 2025, which converted into 10,409 shares of common stock.
- Dunning acquired 20,000 RSUs on August 13, 2025, scheduled to fully vest on August 13, 2026.
- Following these transactions, Dunning beneficially owns 48,485 shares of common stock, including 20,000 RSUs vesting in 2026 and 28,485 shares of common stock.
- Dunning also owns 1,893 Deferred Stock Units (DSUs) granted under the Issuer's 2024 Incentive Compensation Plan, which will be issued upon separation from service.
Sentiment
Score: 5
Explanation: The filing is a standard disclosure of stock transactions and does not inherently convey positive or negative sentiment.
Positives
- The vesting of RSUs indicates confidence in the company's performance, as these units convert to common stock.
- Grant of additional RSUs suggests continued alignment of director's interests with the company's long-term success.
Future Outlook
The filing indicates future vesting of RSUs in August 2026, aligning director compensation with long-term company performance.
Industry Context
This filing is a routine disclosure of insider stock transactions, which is a common practice for publicly traded companies. It provides transparency into the holdings and transactions of company directors.
Stakeholder Impact
- Shareholders: Provides transparency regarding director's stock ownership and transactions.
- Employees: No direct impact, but director's stock ownership aligns interests with company success.
Key Dates
| Date | Description |
|---|---|
| 2024-08-12 | Date of grant for 10,409 RSUs that fully vested on August 12, 2025. |
| 2025-08-12 | RSUs (10,409) vested and converted to common stock. |
| 2025-08-13 | Grant date of 20,000 RSUs scheduled to fully vest on August 13, 2026. |
| 2026-08-13 | Scheduled vesting date for 20,000 RSUs. |
Recommendation
holdThe filing represents routine stock transactions by a company director. While the vesting of RSUs and subsequent stock ownership are positive indicators, they do not warrant a change in investment recommendation. A hold recommendation is appropriate as the information is consistent with expectations for director compensation and alignment with company performance.
Keywords
Form 4, SEC Filing, Quest Resource Holding Corp, QRHC, Audrey Dunning, Restricted Stock Units, RSUs, Deferred Stock Units, DSUs, Beneficial Ownership, Director, Stock Transactions
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