Culpepper Glenn has made a notable acquisition of common stock in Quest Resource Holding Corp, as detailed in a recent SEC filing. The transaction, which occurred on September 30, 2026, involved the purchase of 2,573 shares at a price of $1.36 each. This activity is significant as it highlights Glenn's increasing stake in the company, which may impact both his influence and the broader market dynamics.
Background
Culpepper Glenn is a reporting owner associated with Quest Resource Holding Corp, a company classified under the refuse systems industry. Quest Resource operates under the ticker QRHC and is based in Irving, Texas. The company has undergone various name changes in its history, with its most recent name change occurring in 2012.
What the Filing Says
The SEC filing, accession number 0001193805-26-001326, confirms that Glenn acquired 2,573 shares of Quest Resource on September 30, 2026. Following this transaction, he now owns a total of 103,923 shares of the company. The filing notes, "These reported securities represent restricted stock units (RSUs) granted on September 30, 2026 under the Issuer's 2024 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting." The RSUs are set to vest on March 1, 2027.
Impact
This acquisition may affect various stakeholders, including Quest Resource's management and other shareholders. As a director, Glenn's increased ownership could enhance his influence over company decisions and strategic directions. Additionally, competitors within the refuse systems sector may view this development as a signal of confidence in Quest Resource's future performance.
What's Next
The filing does not say what happens next.