Form 4: Quest Resource Holding Corp Director Glenn Culpepper Acquires Shares

Director Glenn Culpepper of Quest Resource Holding Corp acquired 4,000 shares of common stock at $9.75 per share on May 16, 2024.

Summary

• On May 16, 2024, Glenn Culpepper, a director of Quest Resource Holding Corp, purchased 4,000 shares of common stock.
• The purchase price was $9.75 per share.
• Following the transaction, Culpepper directly owns 4,000 shares of common stock.
• Culpepper also indirectly owns 15,000 deferred stock units granted under the Issuer's 2012 Incentive Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or 10% owners) of a publicly traded company buy or sell the company's securities. These filings provide transparency into insider transactions.

Stakeholder Impact

• The stock purchase could have a minor positive impact on shareholder sentiment.

Key Dates