Form 4: Arq Director Carol S. Eicher Receives Restricted Stock Grant

Arq, Inc. Director Carol S. Eicher was granted 14,552 shares of common stock as restricted stock awards for her service, which will vest on July 1, 2026.

Summary

• Carol S. Eicher, a Director of Arq, Inc. (ARQ), acquired 14,552 shares of common stock on July 1, 2025.
• The acquisition represents restricted stock awards granted in exchange for her service as a non-employee director of Arq, Inc.
• These restricted stock awards will vest on July 1, 2026.
• Following this transaction, Carol S. Eicher directly beneficially owns 96,510 shares of Arq, Inc. common stock.

Sentiment

Score: 6

Explanation: The document reports a routine insider transaction (equity grant to a director), which is generally viewed as a neutral to slightly positive event as it aligns director and shareholder interests, without indicating any significant operational or financial changes.

Positives

• The grant of restricted stock to a non-employee director aligns the director's interests with those of the shareholders, encouraging long-term value creation.
• Equity compensation is a common and effective way to incentivize directors for their service.

Future Outlook

The restricted stock awards granted to Director Carol S. Eicher are scheduled to vest on July 1, 2026, indicating a future milestone for her equity compensation.

Industry Context

The grant of restricted stock to a non-employee director is a standard practice in corporate governance across various industries. It is a common method for compensating board members and aligning their financial interests with the long-term performance of the company.

Comparison to Industry Standards

• Equity grants to non-employee directors, such as the restricted stock award to Carol S. Eicher, are a widely adopted compensation mechanism across public companies, including those comparable to Arq, Inc. in the energy or materials sectors.
• The specific size of the grant (14,552 shares) would typically be benchmarked against peer companies' director compensation packages, considering factors like company market capitalization, revenue, and the scope of director responsibilities.
• Vesting schedules, such as the one-year cliff vesting on July 1, 2026, are common for director equity awards, designed to retain directors and ensure continued service.

Corporate Governance

Related Party Transactions

• The grant of restricted stock awards to Carol S. Eicher, a director of Arq, Inc., constitutes a related party transaction as it involves compensation provided by the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The grant of equity to a director helps align their interests with those of shareholders, potentially leading to better long-term decision-making and value creation.
• Employees: No direct impact on general employees is indicated by this specific filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this specific filing.

Next Steps

• The restricted stock awards granted to Carol S. Eicher are expected to vest on July 1, 2026, at which point they will become fully owned shares.

Key Dates

Keywords

Arq, ARQ, Carol S Eicher, Director, Restricted Stock, Equity Grant, Form 4, SEC Filing, Insider Transaction, Compensation