Form 4: Quest Resource Holding Corp: CFO Acquires Shares

Quest Resource Holding Corp's Sr. VP of Finance and CFO, Brett Wade Johnston, has acquired 5,767 shares of common stock.

Summary

• Brett Wade Johnston, Sr. VP of Finance and CFO of Quest Resource Holding Corp, acquired 5,767 shares of common stock on April 3, 2026, at a price of $1.18 per share.
• This acquisition is related to deferred stock units (DSUs) granted under the Issuer's 2024 Incentive Compensation Plan, with shares to be issued upon separation from service.
• Following this transaction, Johnston beneficially owns a total of 93,350 securities, which includes restricted stock units (RSUs), DSUs, and directly owned common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a routine executive compensation event rather than a significant strategic move or financial performance indicator. The CFO's acquisition of shares can be seen as a minor positive signal of confidence.

Positives

• The CFO's acquisition of shares can be interpreted as a positive signal of confidence in the company's future prospects.
• The acquisition is part of a compensation plan, indicating ongoing incentive structures for key management.

Negatives

• The filing does not contain any negative financial results or operational setbacks.

Risks

• The vesting of restricted stock units is contingent on future dates, introducing a time-based risk for the reporting person.
• The issuance of shares underlying DSUs is dependent on the reporting person's separation from service, creating a conditionality.

Future Outlook

The filing primarily details a change in beneficial ownership and does not contain specific forward-looking financial guidance. However, the structure of the deferred and restricted stock units implies a long-term incentive tied to continued service and vesting schedules.

Management Comments

• The filing indicates that the acquired securities represent deferred stock units granted under the Issuer's 2024 Incentive Compensation Plan.
• Shares of common stock underlying such DSUs shall be issued upon the Reporting Person's separation from service with the Issuer.

Industry Context

StockSavvy.ai notes that insider stock acquisitions, particularly by CFOs, are often scrutinized by the market as they can signal management's belief in the company's valuation and future performance. This type of transaction is common across various industries as a method of executive compensation and alignment.

Stakeholder Impact

• Shareholders: The transaction may be viewed positively as it indicates management confidence, though it is primarily an internal compensation matter.
• Employees: The continued use of incentive compensation plans like DSUs and RSUs can motivate and retain key personnel.
• Management: The reporting person is directly involved in the transaction as both the acquirer and a key executive.

Next Steps

• Vesting of restricted stock units on scheduled dates (June 26, 2026, June 26, 2027, August 13, 2026, August 13, 2027, August 13, 2028).
• Issuance of shares underlying deferred stock units upon reporting person's separation from service.

Key Dates

Keywords

Form 4, SEC Filing, Quest Resource Holding Corp, Brett Wade Johnston, CFO, Common Stock, Deferred Stock Units, Restricted Stock Units, Beneficial Ownership, Insider Trading