Form 4: Quest Resource Holding Corp: Sr. VP of Finance and CFO, Brett Wade Johnston, Reports Acquisition of 20,000 Restricted Stock Units

Brett Wade Johnston, Sr. VP of Finance and CFO of Quest Resource Holding Corp, reports the acquisition of 20,000 restricted stock units on June 26, 2024.

Summary

• On June 26, 2024, Brett Wade Johnston, the Sr. VP of Finance and CFO of Quest Resource Holding Corp, acquired 20,000 restricted stock units.
• These restricted stock units represent a contingent right to receive one share of common stock of the Issuer.
• The restricted stock units will vest in three equal installments: one-third on the first anniversary of the grant date, one-third on the second anniversary, and one-third on the third anniversary.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard executive compensation disclosure. The vesting schedule suggests a long-term commitment from the executive.

Positives

• The acquisition of restricted stock units by a key executive signals confidence in the company's future performance.

Future Outlook

The restricted stock units vest over a three-year period, incentivizing the executive to contribute to the company's long-term success.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates changes in beneficial ownership by a company insider.

Stakeholder Impact

• Shareholders may view this as a positive sign, indicating the executive's alignment with the company's long-term goals.

Key Dates