Stockholders Approve 750,000 New Shares for Incentive Plans
QRHC sits 53% above its 52-week low of $0.81 on light trading volume (0.4× avg).
Summary
Quest Resource Holding Corp's stockholders approved the authorization of an additional 750,000 shares for its incentive and employee stock purchase plans, representing approximately 3.56% potential dilution.
Key Events · Corporate Governance and Compliance · QRHC
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Shareholder Approval for Incentive Plans
Stockholders approved an amendment to the 2024 Incentive Compensation Plan, increasing available shares by 600,000 for future grants.
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Employee Stock Purchase Plan Expansion
An additional 150,000 shares were authorized for the 2024 Employee Stock Purchase Plan.
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Potential Dilution
If all 750,000 newly authorized shares were issued, dilution would be approximately 3.56% based on the 21,073,513 shares outstanding as of May 21, 2026.
Analysis · QRHC · Energy & Transportation
Shareholders approved amendments to the 2024 Incentive Compensation Plan and the 2024 Employee Stock Purchase Plan, authorizing an additional 750,000 shares for future issuance. This represents a potential dilution of approximately 3.56% based on the 21,073,513 outstanding shares, providing the company with more equity for employee compensation and retention. This follows the proposals outlined in the DEF 14A filed on June 2, 2026, and finalizes the authorization.
At the time of this filing, QRHC was trading at $1.24 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $26.1M. The 52-week trading range was $0.81 to $2.41. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.