4/A: Arq, Inc. Executive Joseph M. Wong Reports Tax Withholding Share Transaction
SEC Form 4/A (Amendment to Statement of Changes in Beneficial Ownership)
Chief Technology Officer of Arq, Inc., Joseph M. Wong, reports the withholding of 7,326 common stock shares to cover tax obligations related to vesting restricted stock awards.
Summary
- On March 23, 2024, Joseph M. Wong, the Chief Technology Officer of Arq, Inc., had 7,326 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock awards.
- The transaction was reported on March 27, 2024, as an amendment to a previous filing made on March 26, 2024.
- Following the transaction, Wong directly owns 244,587 shares of Arq, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine SEC filing related to insider transactions. It is common for company executives to have shares withheld to cover tax obligations when restricted stock awards vest.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 03/23/2024 | Date of the transaction: withholding of shares for tax obligations. |
| 03/26/2024 | Date of original filing (amended by this document). |
| 03/27/2024 | Date of the amended filing (this document). |
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