Form 4: Arq, Inc. Officer Stacia Hansen Reports Stock Award and Sale to Cover Taxes

Stacia Hansen, Chief Accounting Officer of Arq, Inc., reports the acquisition of restricted stock awards and performance share units, along with a sale of shares to cover tax obligations.

Summary

• On March 23, 2025, Stacia Hansen, Chief Accounting Officer of Arq, Inc., acquired 22,455 shares of common stock as restricted stock awards and 22,455 performance share units.
• The restricted stock awards vest in three equal annual installments starting on the first anniversary of the grant date.
• The performance share units represent a contingent right to receive one share of the company's common stock upon vesting, which will occur no later than March 10, 2028, subject to continuous service and achievement of pre-established goals measured as of December 31, 2027.
• On March 24, 2025, Hansen sold 3,557 shares of common stock at $4.68 per share to cover tax withholding obligations related to the vesting of restricted stock awards.

Sentiment

Score: 6

Explanation: The document is neutral in tone, simply reporting required information about stock transactions. It doesn't contain any overtly positive or negative news about the company's performance or prospects.

Future Outlook

The restricted stock awards vest in three equal annual installments beginning on the first anniversary of the grant date. The performance share units will vest, if at all, no later than March 10, 2028, subject to continuous service and achievement of certain pre-established goals to be measured as of December 31, 2027.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It reflects the compensation structure for Arq, Inc.'s executives, including stock-based awards and the subsequent sale of shares to cover tax obligations.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies to align the interests of executives with those of shareholders.
• Companies like Peabody Energy and Alliance Resource Partners, which operate in related industries, also utilize stock awards as part of their executive compensation packages.
• The vesting schedules and performance metrics associated with these awards are typically designed to incentivize long-term value creation.

Stakeholder Impact

• Shareholders are informed about insider transactions, providing transparency into management's holdings and actions.
• Employees may be impacted by the long-term incentive plan, which includes stock-based awards.

Key Dates

Keywords

Form 4, insider trading, Stacia Hansen, Arq, Inc., restricted stock awards, performance share units, tax withholding, stock sale