EICHER CAROL S 4

What Happened

• Carol S. Eicher, a director of Arq, Inc. (ARQ), acquired 77,500 shares in open-market purchases on March 13, 2026. The filing reports a weighted average price of $1.95 per share for a total reported transaction value of approximately $151,009. This was a purchase (insider buy), which investors often view as more informative than routine insider selling.

Key Details

• Transaction date and price: 2026-03-13; weighted average price $1.95; per-footnote prices ranged from $1.925 to $1.950.
• Shares acquired: 77,500 shares; total reported value ≈ $151,009.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The $1.95 is a weighted average; the reporter says shares were bought in multiple trades at prices between $1.925 and $1.950 and will provide a breakdown on request.
• Filing timeliness: Report filed 2026-03-17 — within the SEC’s 2-business-day Form 4 filing window for a 2026-03-13 transaction.

Context

• This was a straightforward open-market purchase (transaction code P), not an option exercise, gift, or award. Purchases by directors can signal confidence but are not proof of future performance; retail investors should consider this alongside company fundamentals and other disclosures.