Form 4: Quest Resource Holding Corp: Sr. VP of Finance and CFO Reports Stock Transactions

Brett Wade Johnston, Sr. VP of Finance and CFO at Quest Resource Holding Corp, reports acquisition and disposal of common stock.

Summary

• On May 14, 2024, Brett Wade Johnston, the Sr. VP of Finance and CFO of Quest Resource Holding Corp, reported transactions involving the company's common stock.
• Johnston acquired 2,501 shares of common stock at a price of $6.035 per share through the Issuer's employee stock purchase plan.
• He also disposed of 26,570 shares.
• Following these transactions, Johnston still beneficially owns an unspecified amount of Quest Resource Holding Corp's common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing. The disposal of shares could raise concerns, but without further context, it's difficult to assess the overall impact.

Positives

• The acquisition of shares through the employee stock purchase plan indicates Johnston's continued investment in the company.

Negatives

• The disposal of 26,570 shares by the CFO could be interpreted negatively by investors, although the reason for the disposal is not disclosed.

Risks

• The Form 4 filing itself doesn't inherently present risks, but the market's reaction to the CFO's stock disposal could introduce short-term price volatility.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• Shareholders may react to the reported stock transactions, potentially influencing the stock price.

Key Dates