Form 4: Arq, Inc. Chief Technology Officer Reports Stock Disposal
SEC Form 4 Filing
Joseph M. Wong, Chief Technology Officer of Arq, Inc., reported the disposal of 7,326 shares of common stock on March 23, 2024.
Summary
- On March 23, 2024, Joseph M. Wong, the Chief Technology Officer of Arq, Inc., disposed of 7,326 shares of common stock.
- The transaction was executed at a price of $6.24 per share.
- Following the transaction, Wong directly owns 244,587 shares of Arq, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates a change in ownership by a key executive.
Stakeholder Impact
- The disposal of shares by a key officer could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 03/23/2024 | Date of stock disposal transaction |
| 03/26/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.