Robert J. Lipstein, a director at Quest Resource Holding Corp, has acquired 3,211 shares of the company's common stock. This acquisition, reported in a recent SEC filing, is part of his compensation package under the company's 2024 Incentive Compensation Plan. The shares were acquired at a price of $1.09 each on October 31, 2026.

This transaction is significant as it underscores Quest Resource Holding Corp's strategy to incentivize its leadership through equity compensation. Such moves are common in the refuse systems industry, where aligning management interests with shareholder value is crucial for long-term success.

Background

Quest Resource Holding Corp operates in the refuse systems sector, classified under the SIC code 4953. The company is based in Irving, Texas, and is known for its waste management and resource recovery services. The recent filing is part of a series of disclosures made by Lipstein, reflecting ongoing transactions related to his ownership in the company.

What the Filing Says

The SEC filing, accession number 0000921895-26-002919, details Lipstein's acquisition of 3,211 shares, increasing his total ownership to 94,049 shares. The filing notes, "These reported securities represent restricted stock units (RSUs) granted on October 31, 2026, under the Issuer's 2024 Incentive Compensation Plan." The RSUs are set to vest on March 1, 2027.

Impact

This acquisition may affect investor sentiment towards Quest Resource Holding Corp as it demonstrates Lipstein's commitment to the company's future. It also reflects the company's approach to aligning executive compensation with performance, which is essential in the competitive refuse systems industry.

What's Next

The filing does not say what happens next.