July 17, 2026 · Form 4 insider transaction
Rasmus Robert E. sold 400,000 shares of Arq, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 6 days after the transaction.
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.; 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.