Form 4: Quest Resource Holding Corp CFO Acquires 1,500 Shares

Brett Wade Johnston, Sr. VP of Finance and CFO of Quest Resource Holding Corp, purchased 1,500 shares of common stock at an average price of $8.0306 on August 22, 2024.

Summary

• On August 22, 2024, Brett Wade Johnston, the Sr. VP of Finance and CFO of Quest Resource Holding Corp, acquired 1,500 shares of the company's common stock.
• The shares were purchased at a weighted average price of $8.0306.
• The price range for the purchases was between $8.03 and $8.04.
• Following the transaction, Johnston directly owns 28,070 shares of Quest Resource Holding Corp.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction. While insider buying can be seen as a positive signal, it's not overwhelmingly positive on its own.

Positives

• The CFO's purchase of shares could be interpreted as a positive signal about their confidence in the company's future prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future performance. It is important to note that insider buying does not always guarantee positive future results.

Stakeholder Impact

• Shareholders may view the CFO's purchase as a positive sign, potentially increasing confidence in the company.

Key Dates