Form 4: Quest Resource Holding CEO Reports Routine RSU Vesting and Tax-Related Share Sale

Quest Resource Holding Corp's President and CEO, Perry W. Moss, reported the vesting of 6,667 restricted stock units and a subsequent tax-related sale of 2,058 common shares.

Summary

• President and CEO Perry W. Moss reported the vesting of 6,667 restricted stock units (RSUs) on June 26, 2025.
• Following the vesting, 2,058 common shares were disposed of at a price of $2.31 per share to cover tax withholding obligations.
• After these transactions, Perry W. Moss beneficially owns 255,875 common shares.
• Remaining RSU holdings include 13,333 units scheduled to vest in two equal installments on June 26, 2026, and June 26, 2027.
• An additional 214,600 RSUs are scheduled to vest in three equal installments on March 12, 2026, March 12, 2027, and March 12, 2028.
• Beneficial ownership also includes 5,537 deferred stock units (DSUs) and 22,405 shares of common stock directly owned by the reporting person.

Sentiment

Score: 7

Explanation: The filing reports a routine vesting of restricted stock units for the CEO, followed by a tax-related sale of a portion of the shares. This is a standard event in executive compensation and indicates the CEO's continued long-term equity holdings, which aligns interests with shareholders.

Positives

• Vesting of 6,667 restricted stock units (RSUs) for President and CEO Perry W. Moss, converting equity awards into common stock.
• Continued significant beneficial ownership by the CEO, including substantial unvested RSUs and DSUs, aligns management interests with shareholders.

Negatives

• Disposition of 2,058 common shares by the CEO, although for tax withholding purposes, reduces direct shareholding.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Continued alignment of the CEO's interests with shareholders through significant equity holdings, including unvested restricted stock units and deferred stock units.

Next Steps

• Additional one-third of 13,333 restricted stock units (RSUs) are scheduled to vest on June 26, 2026.
• Additional one-third of 13,333 restricted stock units (RSUs) are scheduled to vest on June 26, 2027.
• The first of three equal installments of 214,600 restricted stock units (RSUs) is scheduled to vest on March 12, 2026.
• The second of three equal installments of 214,600 restricted stock units (RSUs) is scheduled to vest on March 12, 2027.
• The third of three equal installments of 214,600 restricted stock units (RSUs) is scheduled to vest on March 12, 2028.
• Issuance of 5,537 shares underlying deferred stock units (DSUs) will occur upon the Reporting Person's separation from service with the Issuer.

Key Dates

Recommendation

Keywords

Quest Resource Holding Corp, QRHC, SEC Form 4, insider transaction, stock vesting, restricted stock units, RSU, deferred stock units, DSU, executive compensation, beneficial ownership