Wong Joseph M 4
Research Summary
AI-generated summary
Arq (ARQ) CTO Joseph M. Wong Buys 10,000 Shares
What Happened
- Joseph M. Wong, Chief Technology Officer of Arq, Inc. (ARQ), purchased 10,000 common shares in an open-market transaction on March 17, 2026.
- The reported weighted average price was $1.89 per share, for a total transaction value of approximately $18,900. This is a purchase (insider buy), which some investors view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-03-17; Filing date: 2026-03-19 (filed two days after the transaction, which appears timely).
- Transaction type/code: P = Purchase (open market).
- Price details: weighted average $1.89; filing footnote F1 states purchases occurred in multiple trades at prices ranging from $1.8850 to $1.8900. The reporting person will provide breakdown by price on request.
- Shares owned after transaction: not disclosed in the provided filing details.
- No 10b5-1 plan, tax-withholding, gifts, or option exercises were noted in the provided information.
Context
- Insider purchases can be taken as a signal of personal commitment to the company, but this was a relatively small-dollar buy (~$18.9k), so treat it as one data point among many.
- This report concerns an executive (CTO), not a 10% owner; no derivatives or immediate sell-after-exercise actions were reported.