secwatch.observer — SEC 8-K summary
======================================

Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K/A
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001515156-23-000111
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Emissions Solutions details CEO Greg Marken's severance and advisor agreement
--------------------------------------------------------------------------------

- Greg Marken transitioned out as President and CEO effective July 17, 2023, remains employee through Aug 28, 2023.
- Severance includes accelerated vesting of 49,715 restricted shares and continued eligibility for pro rata PSUs: 2021: 25,941, 2022: 15,988, 2023: 19,834.
- Advisor services agreement from Aug 28 to Sep 27, 2023 for up to 20 hours consulting with a $12,000 retainer.
- Receipt of payments and benefits subject to execution and non-revocation of a separation agreement with release of claims.
- No successor CEO announced; company continues with interim leadership from prior filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515623000111/0001515156-23-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515623000111/ades-20230714.htm
  HTML page:      https://secwatch.observer/filing/0001515156-23-000111

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer