Form 4: Arq, Inc. COO Jeremy Williamson Reports Stock Disposal
SEC Form 4 Filing
Chief Operating Officer of Arq, Inc., Jeremy Williamson, reported disposing of 4,985 shares of common stock to cover tax obligations.
Summary
- On March 23, 2024, Jeremy Williamson, the Chief Operating Officer of Arq, Inc., disposed of 4,985 shares of common stock.
- The transaction was executed at a price of $6.24 per share.
- Following the transaction, Williamson directly owns 91,240 shares of Arq, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to ensure transparency in the market. The disposal of shares could be for a variety of reasons, including tax obligations or portfolio diversification.
Stakeholder Impact
- The disposal of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/23/2024 | Date of stock disposal transaction |
| 03/26/2024 | Date of Form 4 signature |
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