Form 4: Quest Resource Holding Corp: CEO S. Ray Hatch Reports Acquisition of Shares Through Employee Stock Purchase Plan

CEO S. Ray Hatch reports acquiring 1,563 shares of Quest Resource Holding Corp through the employee stock purchase plan at $6.035 per share.

Summary

• On May 14, 2024, S. Ray Hatch, the President and CEO of Quest Resource Holding Corp, acquired 1,563 shares of common stock through the company's employee stock purchase plan.
• The price per share was $6.035.
• Following the transaction, Hatch directly owns 38,832 shares and indirectly owns 85,367 shares representing deferred stock units.
• The shares were acquired under the Issuer's employee stock purchase plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
• The price is equal to 85% of the lesser of (i) the market value of the shares on the offering date (November 15, 2023) and (ii) the market value of the shares on the purchase date of the offering which is the last business day of the applicable offering period.
• These securities represent deferred stock units granted under the Issuer's 2012 Incentive Compensation Plan held by the Reporting Person.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of an insider transaction. The CEO's participation in the employee stock purchase plan could be seen as slightly positive.

Positives

• The CEO's participation in the employee stock purchase plan could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates the CEO's investment in the company.

Key Dates