Blank Jeremy 4

What Happened
Jeremy Blank, a director of Arq, Inc. (ARQ), was granted 49,283 restricted shares on July 1, 2026. The award was reported at $0 per share (no cash paid) — total reported value $0 — and the restricted stock vests on July 1, 2027. This is a compensation grant for board service, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-06 (the Form 4 appears to have been filed late relative to the usual 2-business-day reporting rule).
• Transaction type/code: A — Award/Grant of restricted stock.
• Shares granted: 49,283; reported price per share: $0.00; reported aggregate value: $0.
• Shares owned after transaction: Not specified in the provided excerpt of this filing.
• Notable footnotes:
  • F1: These are restricted stock awards granted in exchange for Mr. Blank’s service as a non-employee director; they vest 2027-07-01.
  • F2–F4: Certain other shares reported in the filing are held by funds (YGF 100 LP, Community SPV GP LP, Community Master Fund LP) where Mr. Blank is an investor or control person; he disclaims beneficial ownership except to the extent of any pecuniary interest.
• Timeliness: Filing appears late (reported 5 days after the transaction date); late Form 4s are a reporting violation and may be corrected or reviewed.

Context
Restricted stock grants are compensation and typically vest over time; they do not provide immediate proceeds and therefore aren’t a direct market signal like an insider purchase or sale. The vesting schedule (one year here) means these shares remain subject to transfer restrictions until 2027-07-01.