Arq, Inc. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market for Our Common Stock Our common stock is quoted on the Nasdaq Global Market under the symbol "ARQ." There is no assurance that an active trading market will provide adequate liquidity for our existing stockholders or for persons who may acquire our common stock in the future. Dividends Our most recent dividend payment was in March 2020. We do not intend to declare or pay cash dividends in the foreseeable future. Holders The Company had 665 holders of record of our common stock as of March 5, 2026. The number of holders of record of our common stock is based upon the actual number of holders registered on the books of the Company as of such date and does not include holders of shares that are held in street name by brokers or other nominees. Purchases of Equity Securities by the Issuer and Affiliated Purchasers Share Repurchases We previously maintained a stock repurchase program (the "Repurchase Program") which authorized us to repurchase up to $20.0 million of shares of our common stock through open market transactions at prevailing market prices. On August 12, 2025, our Board of Directors terminated the Repurchase Program, of which $7.0 million remained at the time of termination. We ceased repurchases under the Repurchase Program during the three months ended March 31, 2020. No shares were repurchased during the three months ended December 31, 2025. Tax Withholding The following table contains information about common shares that we withheld from delivering to employees during the fourth quarter of 2025 to satisfy their respective tax obligations related to stock-based awards. Period Total Number of Common Shares Purchased Average Price Paid per Common Share Total Number of Common Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number (or Dollar Value) of Common Shares that May Yet Be Purchased Under the Plans or Programs October 1, 2025 to October 31, 2025 — — N/A N/A November 1, 2025 to November 30, 2025 — $ — N/A N/A December 1, 2025 to December 31, 2025 1,026 $ 3.68 N/A N/A Item 6. Reserved 26