Earnings Feed
Start Free
Arq, Inc.·4

Jul 23, 5:12 PM ET

Rasmus Robert E. 4

4 · Arq, Inc. · Filed Jul 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Arq (ARQ) CEO Rasmus Receives 1.6M RSU Awards

What Happened

  • Rasmus Robert E., CEO of Arq, received derivative restricted stock unit (RSU) awards and had an earlier inducement RSU amended. The filing shows a 400,000‑share disposition and re‑grant on 2026-07-17 (effectively the amendment/replacement of the original inducement award) and two separate grants of 600,000 RSUs each on 2026-07-23 (total new RSUs = 1,200,000). All transactions are derivative awards recorded at $0.00 per share (awards, not cash purchases or open‑market sales).

Key Details

  • Transaction dates and amounts:
    • 2026-07-17: Disposition to issuer of 400,000 RSUs and contemporaneous grant of 400,000 RSUs (amendment/replacement of original inducement award).
    • 2026-07-23: Two grants of 600,000 RSUs each (total 1,200,000 RSUs) under the 2026 Omnibus Incentive Plan.
  • Price and value: Reported at $0.00 per RSU (derivative awards); no cash changed hands in these entries.
  • Shares owned after transaction: Not specified in the disclosed details.
  • Footnote highlights:
    • The 400,000 RSUs are an inducement award amendment (original grant from July 17, 2023) that extended the expiration to July 17, 2029; amendment may be treated as cancellation and replacement. Vesting tied to 30‑day VWAP milestones: 250,000 RSUs at $10.00 and 150,000 RSUs at $15.00 (each must be met before July 17, 2029).
    • The 600k grants (per grant) are RSUs under the 2026 Omnibus Plan with performance price thresholds: 200,000 RSUs vest at $3.00 30‑day VWAP, 200,000 at $6.00, and 200,000 at $9.00, each before the third anniversary; early achievement before the first anniversary delays settlement until the first anniversary.
    • One award series vests in two equal installments on July 23, 2028 and July 23, 2029 (per footnote).
  • Filing timeliness: Reported form filed July 23, 2026 for transactions dated July 17 and July 23, 2026; filing shows no indication of being late.

Context

  • These are RSU awards (derivative rights to receive shares upon vesting), not open‑market purchases or sales—so they do not represent immediate insider buying or selling of company stock.
  • Vesting is performance- and/or time‑based (VWAP thresholds and scheduled installments). Such awards align potential future insider equity with share price performance but do not provide immediate shares or liquidity.

Insider Transaction Report

Form 4
Period: 2026-07-17
Arq, Inc.ARQ
Rasmus Robert E.
DirectorChief Executive Officer
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    [F1][F2]
    2026-07-17−400,000→ 0 total
    Exp: 2026-07-17→ Common Stock (400,000 underlying)
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-07-17+400,000→ 400,000 total
    Exp: 2029-07-17→ Common Stock (400,000 underlying)
  • Award

    Restricted Stock Units

    [F3][F4]
    2026-07-23+600,000→ 600,000 total
    → Common Stock (600,000 underlying)
  • Award

    Restricted Stock Units

    [F3][F5]
    2026-07-23+600,000→ 600,000 total
    → Common Stock (600,000 underlying)
Footnotes (5)
  • [F1]Represents restricted stock units ("RSUs") granted to Mr. Rasmus as an employment inducement award (the "Inducement Award"). Each RSU comprising the Inducement Award represents the right to receive one share of the Issuer's Common Stock upon vesting and settlement.
  • [F2]The two reported transactions involved an amendment of the Inducement Award, originally granted to Mr. Rasmus on July 17, 2023, to extend the expiration date of the Inducement Award from July 17, 2026, to July 17, 2029. The Inducement Award amendment may be deemed a cancellation of the original Inducement Award and grant of a replacement Inducement Award. Of the 400,000 RSUs comprising the Inducement Award, 250,000 RSUs shall vest when the 30-day volume weighted average price of the Issuer's Common Stock (the "30-Day VWAP") equals $10.00 per share and 150,000 RSUs shall vest when the 30-Day VWAP equals $15.00 per share, in each case, prior to July 17, 2029.
  • [F3]Represents RSUs granted to Mr. Rasmus under the Issuer's 2026 Omnibus Incentive Plan. Each RSU represents the right to receive one share of the Issuer's Common Stock upon vesting and settlement.
  • [F4]200,000 RSUs vest when the 30-Day VWAP equals $3.00 per share; 200,000 RSUs vest when the 30-Day VWAP equals $6.00 per share; and 200,000 RSUs vest when the 30-Day VWAP equals $9.00 per share, in each case, prior to the third anniversary of the date of grant. If the applicable 30-Day VWAP threshold is achieved prior to the first anniversary of the grant date, the RSUs that have become earned upon achievement of such threshold shall not vest until the first anniversary of the grant date.
  • [F5]The RSUs vest in two equal installments on each of July 23, 2028, and July 23, 2029.
Signature
/s/ Robert E. Rasmus|2026-07-23

Documents

1 file
  • 4
    wk-form4_1784841176.xmlPrimary

    FORM 4