The director's purchase is a positive signal, but isolated and below 0.5% of market cap. Monitor for follow-up buying by executives, especially ahead of earnings or catalyst events. Tax-related share surrenders are routine and should not be interpreted as negative.
Price Chart
Executive Summary
Five insiders at Arq, Inc. (ARQ) transacted shares on March 23, 2026, within a single day. Four of the five transactions were tax withholdings involving share surrenders, which are non-cash administrative events. The only open-market transaction was a $331,665 purchase by director Campbell-Breeden, signaling confidence. No C-suite executives engaged in open-market buying or selling.
Key Financial Metrics
Key Facts
- Director Campbell-Breeden purchased 150,000 shares in the open market for $331,665.
- CEO Rasmus Robert E., CTO Wong Joseph M., CAO Hansen Stacia, and General Counsel Smith Claiborne Benson all surrendered shares to cover tax obligations following a vesting event.
- All selling activity was due to tax withholding (Form 4 code 'F'), not discretionary sales.
- Total open-market purchase value: $331,665 (0.33% of $100M market cap).
- No insider sold shares on the open market.
Financial Impact
$331,665 in open-market buying by a director; no material dilution or insider selling observed.
Risk Factors
- The lack of participation from C-suite executives in open-market buying limits the strength of the bullish signal.
- A concentrated cluster of tax withholdings may indicate a recent equity vesting event, potentially increasing float and near-term supply pressure.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-ARQ-1774440046363 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 27d ago | Press Release | $1.89 | awaiting T+60 | — | $1.78 (−5.82%) |
Aug 10, 2026 11w ago | 8-K | $2.27 | awaiting T+60 | — | $1.78 (−21.59%) |
Aug 10, 2026 11w ago | Press Release | $2.27 | awaiting T+60 | — | $1.78 (−21.59%) |
Jul 23, 2026 13w ago | 8-K | $2.03 $1.78 | ▼ −12.10% | ▼ −15.83% | $1.78 (−12.10%) |
Jun 18, 2026 18w ago | 8-K | $2.58 $2.07 | ▼ −19.77% | ▼ −21.51% | $1.78 (−31.01%) |
Jun 11, 2026 19w ago | 8-K | $2.68 $2.21 | ▼ −17.54% | ▼ −20.80% | $1.78 (−33.58%) |
May 27, 2026 21w ago | 8-K | $2.75 $2.30 | ▼ −16.36% | ▼ −18.10% | $1.78 (−35.27%) |
May 6, 2026 24w ago | 8-K | $2.59 $2.01 | ▼ −22.39% | ▼ −26.23% | $1.78 (−31.27%) |
May 1, 2026 25w ago | 8-K | $2.45 $1.94 | ▼ −20.82% | ▼ −22.67% | $1.78 (−27.35%) |
Apr 28, 2026 26w ago | DEFA14A | $2.23 $2.03 | ▼ −9.19% | ▼ −13.30% | $1.78 (−20.18%) |
US Market Status
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