Form 4: Arq Inc. Director Richard Campbell-Breeden Reports Share Transactions Following Arq Limited Wind-Down
SEC Form 4 Filing
Director Richard Campbell-Breeden reported acquiring shares of Arq, Inc. common stock both directly and indirectly following the wind-down of Arq Limited.
Summary
- Richard Campbell-Breeden, a director of Arq, Inc., reported transactions involving the company's common stock.
- These transactions occurred on November 26, 2024, following the distribution of Arq, Inc. shares by Arq Limited to its shareholders as part of its wind-down.
- Mr. Campbell-Breeden acquired 8,606 shares indirectly through Omeshorn Holdings Limited and 708 shares directly.
- Following these transactions, Mr. Campbell-Breeden beneficially owns 151,148 shares indirectly and 57,764 shares directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing of insider transactions, with no indication of positive or negative sentiment. It is a neutral event.
Industry Context
This filing is a routine disclosure of insider transactions and is not indicative of broader industry trends. It reflects the internal restructuring of Arq, Inc. following the wind-down of Arq Limited.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
- The transactions reported are specific to the restructuring of Arq, Inc. and do not directly compare to other companies' operational results or financial performance.
Stakeholder Impact
- The share distribution may have a minor impact on the ownership structure of Arq, Inc., but is not expected to significantly affect other stakeholders.
Key Dates
| Date | Description |
|---|---|
| February 1, 2023 | Date of the Securities Purchase Agreement between Arq, Inc. and Arq Limited. |
| June 17, 2024 | Date of the special resolution passed by Arq Limited shareholders. |
| November 26, 2024 | Date of the share distribution by Arq Limited and the reported transactions. |
| November 27, 2024 | Date of signature of the Form 4 filing. |
Keywords
Arq Inc, Richard Campbell-Breeden, share transactions, beneficial ownership, Form 4, Omeshorn Holdings Limited, director, wind-down, share distribution
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