Form 4: Quest Resource Holding Corp Director Stephen A. Nolan Acquires Additional Shares
SEC Form 4 Filing
Director Stephen A. Nolan acquired 765 shares of Quest Resource Holding Corp common stock at $4.57 per share on February 28, 2025.
Summary
- Stephen A. Nolan, a director of Quest Resource Holding Corp, acquired 765 shares of common stock on February 28, 2025.
- The shares were acquired at a price of $4.57 per share.
- This transaction increased Nolan's direct holdings to 67,128 shares of common stock.
- The acquisition was made under the Issuer's 2024 Incentive Compensation Plan as deferred stock units, which will be issued upon Nolan's separation from service with the Issuer.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reports a standard transaction. The director's purchase could be seen as a slightly positive signal, but it's not a major event.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Future Outlook
The shares of common stock underlying the deferred stock units will be issued upon the Reporting Person's separation from service with the Issuer.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's recent acquisition of company stock, which is a common occurrence.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Acquisition of 765 shares of common stock. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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