Lipstein Robert J has made a significant move by acquiring 2,573 shares of Quest Resource Holding Corp's common stock, according to a recent SEC filing. This transaction, reported on October 2, 2026, is noteworthy as it reflects Lipstein's confidence in the company's future within the refuse systems industry.
The acquisition occurred on September 30, 2026, at a price of $1.36 per share. Following this transaction, Lipstein now holds a total of 90,838 shares in Quest Resource, which includes restricted stock units (RSUs) that are set to vest in the coming years.
Background
Quest Resource Holding Corp, identified by the CIK number 0001442236, operates in the refuse systems sector, categorized under the Standard Industrial Classification (SIC) code 4953. The company is incorporated in Nevada and has its business address in Irving, Texas. Its fiscal year ends on December 31.
Recent filings by Lipstein indicate a pattern of stock acquisitions, with the latest filing being a Form 4, which is typically used to report changes in ownership by insiders.
What the Filing Says
The filing reveals that Lipstein acquired 2,573 shares of common stock on September 30, 2026, stating, "These reported securities represent restricted stock units (RSUs) granted on September 30, 2026 under the Issuer's 2024 Incentive Compensation Plan." The RSUs are scheduled to vest on March 1, 2027.
Impact
This acquisition may impact various stakeholders, including other investors and the management team at Quest Resource. With Lipstein's increased stake, it could enhance confidence among shareholders and potentially influence future company decisions.
What's Next
The filing does not say what happens next.