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Arq, Inc.·4

Jul 23, 5:12 PM ET

Rasmus Robert E. 4

Research Summary

AI-generated summary

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.