Form 4: Arq, Inc. COO Jeremy Williamson Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Arq, Inc.'s Chief Operating Officer, Jeremy Williamson, disposed of 6,067 shares of common stock on March 18, 2024, to satisfy tax withholding obligations.
Summary
- On March 26, 2024, Jeremy Williamson, the Chief Operating Officer of Arq, Inc., filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on March 18, 2024, where 6,067 shares of common stock were disposed of.
- The disposal was to cover tax obligations related to equity compensation.
- Following the transaction, Williamson directly owns 96,225 shares of Arq, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a common practice of executives selling shares to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of stock disposal transaction. |
| 03/26/2024 | Date of Form 4 filing. |
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