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

Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2026-07-23T21:09:11+00:00
Accession:  0001515156-26-000097
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq CEO Rasmus takes $50K salary, no bonus; gets 1.2M RSUs with performance vesting targets
--------------------------------------------------------------------------------

- CEO Robert Rasmus's annual salary reduced to $50,000; no longer eligible for annual bonus or long-term incentive compensation.
- Granted 600,000 time-based RSUs vesting 50% on 2nd anniversary, 50% on 3rd anniversary; accelerated on change in control or certain terminations.
- Granted 600,000 performance-based RSUs vesting at 30-day VWAP thresholds of $3, $6, and $9 per share (200,000 each) before 3rd anniversary.
- Employment term extended to July 23, 2029; inducement RSUs (400,000) performance period extended to July 17, 2029.
- Company to reimburse up to $20,000 in legal fees for negotiation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000097/0001515156-26-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000097/arq-20260717.htm
  HTML page:      https://secwatch.observer/filing/0001515156-26-000097

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