Equity awards for Arq, Inc. (ARQ) general counsel and secretary
Rhea-AI Filing Summary
Smith Claiborne Benson reported acquisition or exercise transactions in this Form 4 filing.
Arq, Inc. granted equity awards to general counsel and corporate secretary Smith Claiborne Benson on August 1, 2026. The awards include 61,047 restricted stock awards, vesting in three equal installments on August 1, 2027, March 23, 2028, and March 23, 2029, and 61,047 performance share units that may deliver up to 122,094 shares of common stock based on goals measured as of December 31, 2028 and continuous service. Following the restricted stock grant, Benson directly holds 155,513 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 61,047 shares
Net Buy
2 txns
Insider
Smith Claiborne Benson
Role
Gen Counsel, Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F2, F3, F4 | 61,047 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 61,047 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Share Units — 61,047 shares (Direct);
Common Stock — 155,513 shares (Direct)
Footnotes (4)
- F1. Represents restricted stock awards ("RSAs") granted in accordance with the Issuer's long-term incentive plan under the 2026 Omnibus Incentive Plan, approved by stockholders on June 10, 2026. The RSAs shall vest in three equal installments, on each of August 1, 2027, March 23, 2028, and March 23, 2029.
- F2. Represents performance share units ("PSUs") granted in accordance with the Issuer's long-term incentive plan under the 2026 Omnibus Incentive Plan.
- F3. Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting of the PSU, which will occur, if at all, no later than March 15, 2029 subject to the reporting person's continuous service with the Issuer or its related entities and the achievement of certain pre-established goals to be measured as of December 31, 2028.
- F4. Represents the maximum number of PSUs that will vest, if at all, which is 200% of the target award.
Key Figures
Restricted stock awards granted: 61,047 shares
Common stock holdings after RSA grant: 155,513 shares
Performance share units granted: 61,047 PSUs
+4 more
7 metrics
Restricted stock awards granted
61,047 shares
RSAs granted to Smith Claiborne Benson on August 1, 2026 under the 2026 Omnibus Incentive Plan
Common stock holdings after RSA grant
155,513 shares
Direct Arq common stock owned by Benson following the August 1, 2026 restricted stock award
Performance share units granted
61,047 PSUs
PSUs granted under the 2026 Omnibus Incentive Plan representing contingent rights to common stock
Maximum common shares from PSUs
122,094 shares
Maximum number of PSUs that may vest, equal to 200% of the target award
PSU performance measurement date
December 31, 2028
Date on which pre‑established goals for PSU vesting will be measured
Latest PSU vesting date
March 15, 2029
Latest date by which PSUs may vest, subject to continuous service and goal achievement
First RSA vesting date
August 1, 2027
First of three equal RSA vesting installments; remaining installments on March 23, 2028 and March 23, 2029
Key Terms
restricted stock awards, performance share units, 2026 Omnibus Incentive Plan, continuous service
4 terms
restricted stock awards financial
"Represents restricted stock awards ("RSAs") granted in accordance with the Issuer's long‑term incentive plan"
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.
2026 Omnibus Incentive Plan financial
"granted in accordance with the Issuer's long‑term incentive plan under the 2026 Omnibus Incentive Plan"
continuous service financial
"subject to the reporting person's continuous service with the Issuer or its related entities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Arq (ARQ) grant to Smith Claiborne Benson?
Arq granted Benson 61,047 restricted stock awards and 61,047 performance share units on August 1, 2026. The RSAs are common shares, while each PSU is a contingent right to one common share under the company’s 2026 Omnibus Incentive Plan program.
How will the restricted stock awards for Arq (ARQ) vest?
The restricted stock awards vest in three equal installments over time. Vesting dates are August 1, 2027, March 23, 2028, and March 23, 2029, provided the grant remains outstanding under Arq’s 2026 Omnibus Incentive Plan for the reporting person.
Were the Arq (ARQ) equity grants made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5‑1 checkbox is not checked, and the transactions are coded as grant or award acquisitions under Arq’s 2026 Omnibus Incentive Plan rather than open‑market purchases or sales executed under a trading plan.