Form 4: Quest Resource Holding Corp Director Glenn Culpepper Reports Stock Transactions
SEC Form 4 Filing
Director Glenn Culpepper reports acquisition of common stock and deferred stock units, along with the vesting of restricted stock units, in Quest Resource Holding Corp.
Summary
- Glenn Culpepper, a director of Quest Resource Holding Corp, filed a Form 4 detailing changes in beneficial ownership.
- On August 16, 2024, 10,176 restricted stock units converted into common stock.
- Culpepper acquired 2,019 deferred stock units on March 31, 2025, at a price of $2.60, under the Issuer's 2024 Incentive Compensation Plan.
- These shares will be issued upon Culpepper's separation from service with the Issuer.
- The report also covers a power of attorney granted to Perry W. Moss, Brett W. Johnston, and Laura Nisbett to handle SEC filings on Culpepper's behalf.
Sentiment
Score: 6
Explanation: The document primarily reports stock transactions by a director, which is neutral. The acquisition of deferred stock units could be seen as a slightly positive sign of confidence.
Positives
- The acquisition of deferred stock units by a director could be seen as a positive sign of their confidence in the company's future.
Future Outlook
The deferred stock units will be issued upon the Reporting Person's separation from service with the Issuer.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The reported transactions provide shareholders with insights into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Restricted stock units converted into common stock |
| 03/31/2025 | Acquisition of deferred stock units under the 2024 Incentive Compensation Plan |
| 04/02/2025 | Date of Power of Attorney execution |
Keywords
Form 4, beneficial ownership, Quest Resource Holding Corp, QRHC, Glenn Culpepper, restricted stock units, deferred stock units, power of attorney, SEC filing
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