Gen Counsel Smith Claiborne Benson buys 2,000 shares at $1.92 across 2 separate transactions; stock down 75.7% from 52-week high amid unprofitability.
Smith Claiborne Benson executed 2 separate purchases totaling 2,000 shares for $3,836.40 at a blended average price of $1.92 on March 12 and March 16, 2026. The timing is notable given that ARQ's stock trades at $1.88 (current price), down 75.7% from its 52-week high of $7.73 and down 47.6% over the past 30 days. However, the company reported a negative net income of $-653,000.00 for the latest quarter and was unprofitable over its most recent full fiscal year, even as annual revenue grew 10.4%. The purchases represent a 2.0% increase to Benson's holdings (from 100.5K to 102.5K shares), a modest incremental addition rather than a material concentration of new capital.