Arq Amends CEO Robert Rasmus's Employment Agreement, Grants 1.2M RSUs

Arq, Inc. amended President and CEO Robert Rasmus's employment agreement, extending his term until July 23, 2029. Under the revised terms, his annual salary is set at $50,000, and he will no longer be eligible for annual bonuses or the long-term incentive plan. In connection with this, the company granted Mr. Rasmus 600,000 time-based restricted stock units and 600,000 performance-based restricted stock units. Additionally, the performance period for 400,000 previously granted inducement RSUs was extended to July 17, 2029.