Recent Updates — ARQ
Arq, Inc. amended its employment agreement with CEO Robert Rasmus to establish a term ending July 23, 2029, and set his annual salary at $50,000. The company granted 600,000 time-based RSUs and 600,000 performance-based RSUs under the 2026 Omnibus Incentive Plan, with performance thresholds for the stock price VWAP at $3.00, $6.00, and $9.00. Additionally, the company amended an existing inducement RSU award agreement to extend the performance period for 400,000 inducement RSUs to July 17, 2029. Arq, Inc. provides environmental and energy-related technology and services.
Stacia Hansen resigned as Chief Accounting Officer effective June 12, 2026. Under a Separation Agreement effective June 30, 2026, Ms. Hansen will receive a severance payment of $108,333 in exchange for customary confidentiality and release of claims. Arq, Inc. provides specialized software and services for the energy and industrial sectors.
Arq, Inc. appointed Peter Owino as Interim Chief Accounting Officer effective June 12, 2026, under a consulting agreement with Princeton Business Consulting, LLC, which includes an hourly fee of $350 with a monthly cap of $63,000. Additionally, Bob Rasmus, the current CEO, is designated as the Company's principal financial officer until Shimon Steinmetz joins as CFO on or around July 27, 2026. Arq, Inc. operates in the environmental technology and carbon management sector.
On June 10, 2026, Arq, Inc. stockholders approved the 2026 Omnibus Incentive Plan, authorizing the issuance of up to 1,500,000 shares of common stock for equity and cash-based awards to employees, directors, and consultants. Stockholders also approved the Ninth Amendment to the company's Tax Asset Protection Plan. Other meeting results included the election of six directors, the advisory approval of executive compensation, and the ratification of Baker Tilly US, LLP as the independent auditor for fiscal year 2026. Arq, Inc. operates in the technology sector providing software and services for the energy industry.