Form 4: Arq, Inc. CEO Robert E. Rasmus Increases Stake in Company

Arq, Inc. CEO Robert E. Rasmus recently purchased 25,000 shares of common stock at $5.25 per share, increasing his direct holdings.

Summary

• Robert E. Rasmus, CEO of Arq, Inc., has reported a change in beneficial ownership of the company's stock.
• On September 23, 2024, Mr. Rasmus purchased 25,000 shares of common stock at a price of $5.25 per share.
• Following this transaction, Mr. Rasmus directly owns 450,792 shares of Arq, Inc.
• Additionally, Mr. Rasmus indirectly owns 527,779 shares through RER Legacy Investments II LLC, of which he is the ultimate control person.
• Mr. Rasmus disclaims beneficial ownership of the shares held by RER Legacy Investments II LLC except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The CEO's purchase of shares is generally a positive signal, suggesting confidence in the company's prospects. However, it's a single transaction and doesn't provide a comprehensive view of the company's overall health.

Positives

• The CEO's purchase of shares may signal confidence in the company's future prospects.

Management Comments

• Mr. Rasmus disclaims beneficial ownership of the shares held by RER Legacy Investments II LLC except to the extent of his pecuniary interest therein.

Stakeholder Impact

• The CEO's increased stake could positively influence shareholder confidence.

Key Dates