On Beta you were unable to turn this in without high Tormax faction, however I do not believe this should be the case. Below are my logs of an Ogre SK from EQMac:
[Sun Mar 10 14:32:58 2013] Lord Yelinak has been slain by Feared!
[Sun Mar 10 14:32:58 2013] Your faction standing with Yelinak got worse.
[Sun Mar 10 14:32:58 2013] Your faction standing with King Tormax got better.
[Sun Mar 10 14:37:18 2013] --You have looted a Yelinak's Head.--
[Wed Mar 27 11:39:35 2013] King Tormax looks your way apprehensively -- what would you like your tombstone to say?
[Wed Mar 27 11:39:42 2013] Your faction standing with King Tormax got better.
[Wed Mar 27 11:39:42 2013] Your faction standing with Kromzek got better.
[Wed Mar 27 11:39:42 2013] Your faction standing with Yelinak got worse.
[Wed Mar 27 11:39:42 2013] Your faction standing with Dain Frostreaver IV got worse.
[Wed Mar 27 11:39:42 2013] You gain experience!!
[Wed Mar 27 11:39:47 2013] King Tormax judges you amiably -- what would you like your tombstone to say?
In summary:
- 1 Yelinak kill (only faction hit I received) brought the Ogre up to Apprehensively (dunno default)
- Tormax at Apprehensively accepted the Head turn in and rewards the gloves
- Tormax faction hit from Gloves turnin was sufficient to bring me from Apprehensively to Amiable
I believe the minimum faction for this quest is wrong right now and the faction from the turnin could probably use a review.