Arq (ARQ) director Carol Eicher awarded 24,641 restricted shares, now holds 198,651

Rhea-AI Filing Summary

EICHER CAROL S reported acquisition or exercise transactions in this Form 4 filing.

Arq, Inc. reported that director Carol S. Eicher received a grant of restricted common stock as compensation for her service as a non-employee director. She was awarded 24,641 shares, which were granted at no cash cost and will vest on July 1, 2027. Following this award, she directly holds a total of 198,651 shares of Arq common stock. This is a routine equity compensation grant rather than an open-market purchase or sale.

Insights

Equity compensation analyst

Routine director equity grant with no open-market trading signal.

Director Carol S. Eicher received 24,641 shares of Arq common stock as a restricted stock award for her role as a non-employee director. The grant price is shown as $0.00 per share, indicating it is part of her compensation, not a market purchase.

The award vests on July 1, 2027, creating a multi-year incentive tied to Arq’s share performance and her continued board service. After this grant, she directly holds 198,651 shares, suggesting the transaction is incremental to an existing position rather than a large new exposure.

Because this is a compensation-related acquisition (code A) and not an open-market trade, it carries a weaker signaling value about her view of the stock. Future company filings may detail any additional grants or changes to director compensation structures.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider EICHER CAROL S

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	24,641	$0.00	--

Holdings After Transaction: Common Stock — 198,651 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 24,641 shares Grant price: $0.00 per share Shares after transaction: 198,651 shares +1 more

4 metrics

Restricted stock grant 24,641 shares Restricted stock award to Carol S. Eicher

Grant price $0.00 per share Equity compensation, not open-market purchase

Shares after transaction 198,651 shares Total direct holdings following grant

Vesting date July 1, 2027 Restricted stock vesting schedule

Key Terms

restricted stock awards, non-employee director, vesting, grant, award, or other acquisition

4 terms

restricted stock awards financial

"Represents restricted stock awards granted in exchange for the reporting owner's service"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

non-employee director financial

"service as a non-employee director of the Issuer"

vesting financial

"The restricted stock awards shall vest on July 1, 2027"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

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Available on EDGAR 07/06/2026 - 05:33 PM Accepted by SEC EDGAR 07/06/2026 - 05:32 PM Learn about SEC filing dates

FAQ

What did Arq (ARQ) director Carol S. Eicher report in this Form 4?

Carol S. Eicher reported receiving a restricted stock award of 24,641 Arq common shares. The grant is compensation for serving as a non-employee director and was made at no cash cost, increasing her direct holdings to 198,651 shares after the transaction.

Is the Arq (ARQ) Form 4 for an open-market stock purchase or sale?

The Form 4 reflects a grant of restricted stock, not an open-market trade. The 24,641 shares were awarded as director compensation at a price of $0.00 per share, so it does not represent a typical buy or sell in the market.

When do Carol S. Eicher’s Arq (ARQ) restricted stock awards vest?

The restricted stock awards granted to Carol S. Eicher are scheduled to vest on July 1, 2027. Vesting means the shares become fully earned and transferable, assuming she continues to serve as a non-employee director through that vesting date.

How many Arq (ARQ) shares does Carol S. Eicher own after this Form 4 transaction?

After the reported grant, Carol S. Eicher directly holds 198,651 shares of Arq common stock. This total includes the newly granted 24,641 restricted shares, which are subject to vesting on July 1, 2027, as part of her director compensation package.

What does transaction code "A" mean in the Arq (ARQ) Form 4?

Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it represents restricted stock awarded to Carol S. Eicher for board service, rather than a voluntary open-market purchase or sale of Arq common stock.

Is the Arq (ARQ) director stock grant a significant ownership change?

The filing shows an incremental increase in Carol S. Eicher’s holdings to 198,651 shares. The 24,641-share restricted award is a routine equity compensation grant, indicating ongoing alignment with shareholders rather than a large, one-time change in ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

EICHER CAROL S

(Last) (First) (Middle)

8787 BAY COLONY DR., APT. 1505

(Street)

NAPLES FLORIDA 34108

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Arq, Inc. [ ARQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		24,641(1)	A	$0	198,651	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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, 2027.

Remarks:

	/s/ Carol S Eicher	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)