Form 4: Quest Resource Holding Corp Director S. Ray Hatch Reports Acquisition of 30,000 Shares

Sentiment:

SEC Form 4 Filing


Director S. Ray Hatch reports acquiring 30,000 shares of Quest Resource Holding Corp common stock through the conversion of restricted stock units.

Summary

  • On April 11, 2025, S. Ray Hatch, a director of Quest Resource Holding Corp, acquired 30,000 shares of common stock.
  • This acquisition was a result of the conversion of restricted stock units.
  • Following the transaction, Hatch directly owns 80,774 shares of common stock and 85,367 deferred stock units.
  • The restricted stock units were granted on June 26, 2024, and deemed fully vested upon Hatch's termination as CEO.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a transaction. It doesn't inherently indicate positive or negative performance.

Positives

  • The acquisition of shares by a director could be seen as a positive signal to the market.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
June 26, 2024Date of grant for 30,000 restricted stock units to S. Ray Hatch.
April 11, 2025Date of transaction: Acquisition of 30,000 shares of common stock through conversion of restricted stock units.
April 15, 2025Date of signature on the Form 4 filing.

Keywords

Form 4, Quest Resource Holding Corp, QRHC, S. Ray Hatch, Director, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Deferred Stock Units

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