374Water Inc. filings document material events for a cleantech environmental services company built around AirSCWO™ waste-destruction technology. Recent reports cover business updates tied to Waste Destruction Services, PFAS and organic-waste treatment activity, municipal facility licensing, operating results and the company’s commercial deployment strategy.
The filing record also discloses governance and capital-structure matters, including executive appointments, employment and compensation arrangements, board appointments, committee assignments, equity incentive awards under the 2021 Equity Incentive Plan, and officer changes. These disclosures connect formal reporting to the company’s AirSCWO operations, leadership structure and public-company governance.
374Water Inc. has received approval from the City of Orlando for a license to provide Waste Destruction Services at the Iron Bridge Regional Water Reclamation Facility. The agreement runs for an initial five-year term, with options for two additional five-year extensions.
The approval follows a full-scale AirSCWO demonstration that achieved greater than 99.95% destruction of PFAS in biosolids and other waste streams, including AFFF. 374Water plans to expand holding tank capacity, increase waste volumes, scale logistics, and optimize throughput to build a recurring revenue services hub in Orlando.
The company also updated timing for its Orange County Sanitation District project in California, stating that engineering enhancements extended delivery beyond 2025, with related revenue now expected to be recognized in 2026. Management highlights strengthened leadership and a focus on meeting deployment milestones in 2026, including the OC San system and expansion of Waste Destruction Services.
374Water Inc. appointed Adrienne Anderson as Interim Chief Financial Officer, and designated her as principal financial officer and principal accounting officer, effective March 2, 2026. She replaces Russell Kline, whose role as Chief Financial Officer was terminated as part of a company restructuring on the same date, with his separation terms to be finalized.
Anderson, age 47, previously served as the company’s Chief Financial Officer from January 2024 to December 2024 and then as a financial reporting consultant through March 2026. She is a certified public accountant with extensive experience in PCAOB-standard audits for SEC reporting companies and leads Anderson Accounting and Consulting, LLC, which focuses on public-company financial reporting and complex transactions.
In her interim role, Anderson will receive a base salary of $216,000 per year. The board intends to provide her an equity grant under the 2021 Equity Incentive Plan, with terms to be announced by amendment. The company states she has no family relationships with directors or executive officers and no disclosable related-party transactions.
374Water Inc. director Stephen H. McKnight filed an initial Form 3 reporting his ownership in the company. He reported direct ownership of 190,000 shares of common stock and 12,000 warrants, each representing a right to buy additional shares. He also reported indirect ownership of 1,500 shares of common stock held by the Stephen H. McKnight Revocable Trust, where he serves as sole trustee. The filing does not show any new purchases or sales, only the amounts owned after the transactions reported.
374Water Inc. filed an amended report to update the role of new director Stephen McKnight. The filing states that, effective February 23, 2026, the Board appointed Mr. McKnight to its Nominating and Corporate Governance Committee and its Compensation Committee, expanding his responsibilities beyond his initial Board appointment.
374Water Inc. is overhauling its leadership to support the commercial rollout of its AirSCWO waste-destruction platform. The company appointed long-time executive Daniel (Danny) Bogar as President and Chief Executive Officer, succeeding Interim CEO Stephen Jones, who will assist with the transition.
The Board added three experienced business leaders — Brad Freels, Charles (Chuck) Weiser, and Stephen McKnight — joining existing directors Jim Palowski and Marc Deshusses. These changes follow extensive engagement with shareholders, including a group that filed a Schedule 13D, and are aimed at aligning strategy, capital allocation, and execution.
Leadership and the Board emphasize matching operational progress with disciplined financing. They are actively supporting additional capital formation to fund deployments and commercial expansion, with a stated focus on moving into a phase centered on deployments, partnerships, and operational execution in 2026 and beyond.
374Water Inc. appointed Stephen H. McKnight to its Board of Directors, effective immediately. McKnight is a principal of Pitt Southwest Investors, a private real estate and development firm he co-founded in 1989, and has a long background in commercial banking with Mellon Bank.
He brings experience in underwriting, risk management, and syndicating more than 2.5 million square feet of real estate projects, as well as a history of analyzing and investing in private companies. The company highlights that his expertise in banking, investment strategy, and disciplined capital allocation is expected to support commercialization of its AirSCWO technology and expansion of its Waste Destruction Services business.
374Water Inc. director reports initial share and warrant holdings. Charles Maurice Weiser, a director of 374Water Inc., reports direct ownership of 13,859 shares of common stock. He also has indirect beneficial ownership of 7,533 shares held by his spouse and 1,650 shares held jointly with his spouse. In addition, he reports indirect ownership of warrants to purchase 1,200 shares of common stock at an exercise price of $1.9352 per share, which became exercisable on November 18, 2024 and expire on November 17, 2029.
374Water Inc. investor Yaacov (Kobe) Nagar filed Amendment No. 2 to his Schedule 13D reporting beneficial ownership of 3,211,263 shares of common stock, or 19.0% of the company. This percentage is based on 16,924,880 shares outstanding as of October 24, 2025 after a 1-for-10 reverse stock split that took effect on December 26, 2025.
The amendment states that Nagar is no longer a member of the previously disclosed shareholder group and updates disclosure about a December 14, 2025 letter agreement with 374Water. Under that agreement, one director resigned after stockholders approved the reverse stock split, two other directors agreed to resign once mutually acceptable replacement candidates are identified, and Nagar agreed to vote all his shares in line with the board’s recommendations at the December 15, 2025 special meeting. The filing notes no share transactions by Nagar in the last 60 days and no additional current plans beyond what is described.
374Water Inc. reported that Board member Stephen J. Jones resigned from the company’s Board of Directors effective January 21, 2026. He is continuing in his role as Interim President and Chief Executive Officer, and stated that leaving the Board will allow him to focus more on his interim CEO duties and related strategic activities. The company also notes that Mr. Jones serves on two other public company boards, and that balancing those responsibilities with both the Board role and the Interim CEO role at 374Water was not feasible. The filing explicitly states that his resignation was not due to any disagreement with the company regarding its operations, policies, or practices.
374Water Inc. reported that on January 12, 2026 it received written notice from Nasdaq that it has regained compliance with the $1.00 minimum closing bid price requirement for continued listing on the Nasdaq Capital Market under Listing Rule 5550(a)(2). Nasdaq indicated that this bid price matter is now closed.
On January 14, 2026, the company issued a press release announcing the return to compliance, which is included as Exhibit 99.1 to this report.