Form 4: Arq Inc. Director Richard Campbell-Breeden Receives Restricted Stock Award

Arq Inc. Director Richard Campbell-Breeden was granted 29,104 shares of common stock as restricted stock awards for his service, vesting on July 1, 2026.

Summary

• Richard Campbell-Breeden, a Director of Arq, Inc., acquired 29,104 shares of common stock.
• The acquisition occurred on July 1, 2025, at a price of $0 per share.
• These shares represent restricted stock awards granted for his service as a non-employee director.
• The restricted stock awards are scheduled to vest on July 1, 2026.
• Following this transaction, Richard Campbell-Breeden directly beneficially owns 86,868 shares of common stock.
• Additionally, he indirectly beneficially owns 226,148 shares through Omeshorn Holdings Limited, where he also serves as a director.

Sentiment

Score: 7

Explanation: The filing reports a routine equity grant to a director, which is generally a positive sign of aligning interests, but it does not contain information that would significantly alter the company's financial outlook or operations. It's a neutral-to-slightly positive event.

Positives

• The grant of restricted stock awards aligns the director's interests with shareholders, incentivizing long-term value creation.
• The awards are for service as a non-employee director, indicating compensation for governance roles and continued board engagement.

Future Outlook

The restricted stock awards granted to Director Richard Campbell-Breeden are scheduled to vest on July 1, 2026, indicating a future equity stake for his continued service and aligning his long-term interests with the company's performance.

Management Comments

• Represents restricted stock awards granted in exchange for the reporting owner's service as a non-employee director of the Issuer.
• The restricted stock awards shall vest on July 1, 2026.
• The shares reported on this row are held by Omeshorn Holdings Ltd. Richard Campbell-Breeden, a Director of the Issuer, is a director of Omeshorn Holdings Ltd. and therefore is an indirect beneficial owner of the securities reported herein.

Industry Context

This Form 4 filing reflects a standard practice of compensating non-employee directors with equity, aligning their long-term interests with the company's performance and shareholder value. Such grants are common across various industries to incentivize board oversight and commitment.

Comparison to Industry Standards

• Compensating non-employee directors with restricted stock awards is a common practice across publicly traded companies, including those in the energy or materials sector (assuming Arq's industry).
• For example, companies like ExxonMobil or Chevron often use equity grants to align director incentives with long-term shareholder value.
• The $0 acquisition price is typical for a grant of restricted stock, which vests over time, unlike stock options that have an exercise price.
• The vesting period of one year (July 2025 to July 2026) is also within typical industry ranges for such awards.

Related Party Transactions

• Richard Campbell-Breeden, a Director of Arq, Inc., is also a director of Omeshorn Holdings Ltd., which holds 226,148 shares of Arq, Inc. common stock indirectly beneficially owned by Mr. Campbell-Breeden.

Stakeholder Impact

• Shareholders: The grant of restricted stock to a director aligns the director's interests with long-term shareholder value.
• Management: This transaction is part of the compensation structure for non-employee directors, ensuring continued engagement and oversight.

Next Steps

• The restricted stock awards are expected to vest on July 1, 2026.

Key Dates

Recommendation

Keywords

Arq Inc., ARQ, Form 4, SEC filing, insider transaction, restricted stock award, director compensation, equity grant, beneficial ownership