Director Richard Campbell-Breeden buys $331,665 of Arq, Inc. (ARQ)

Richard Campbell-Breeden, director of Arq, Inc., bought 150,000 shares on the open market on March 23, 2026 at an average of $2.21 a share, for a total of $331,665. The purchase was reported to the SEC on Form 4 on March 24, 2026.

It raised their holding by 59%, to 404,786 shares.

The purchase came after a fall: Arq, Inc. stock was down 37.8% over the 13 weeks before.

2 other insiders also bought at least $10,000 of ARQ within 30 days, which makes this a cluster buy.

In the 12 months up to this filing, Arq, Inc. insiders reported 5 open-market purchases and 0 sales.

WallStPal Score: 67 out of 100, because of raised their holding by 59%; 2 other insiders also bought; the stock had fallen 37.8% in the 13 weeks before.

What happened next: after 1 month the stock was up 0.9% (8.6 points worse than the S&P 500); after 3 months the stock was up 16.7% (1.6 points better than the S&P 500); after 6 months the stock was down 8.6% (26 points worse than the S&P 500). Based on weekly prices from the week of the purchase.

Our read

This one purchase is 66% of all insider buying at ARQ in the past year, the first open-market purchase by Richard Campbell-Breeden in our records, made after a 37.8% fall in 13 weeks, a setup where insider buying has historically mattered most. It is worth reading next to the company's own results and news before drawing conclusions.

Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.

Examples

Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.

Explain it like I'm 13

Richard Campbell-Breeden helps run Arq, Inc.. Spending $331,665 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.

More: all ARQ insider trades · Richard Campbell-Breeden's track record