Charah Solutions, Inc.: directors' dealings · United States · SEC (Form 4)

About Charah Solutions, Inc.

Charah Solutions, Inc. is a United States-based environmental services and byproduct-recycling company with a long operating history in the power-generation sector. Founded in 1987 and headquartered in Louisville, Kentucky, the company built its franchise around mission-critical services for coal-fired utilities and adjacent industrial customers. Although Charah was once publicly listed on a U.S. equity market and is still relevant in an insider-transaction / SEC disclosure context, it was taken private in July 2023 when funds managed by SER Capital Partners completed the acquisition. For investors, the company remains best understood as a U.S. industrial-environmental services platform that historically traded in the NYSE/NASDAQ ecosystem and continues to be shaped by regulated-market dynamics in the United States. Charah’s core business lines center on environmental remediation, ash management, and the closure and reclamation of industrial disposal sites. The company provides services such as ash pond management, closure by removal or cap-in-place, landfill design and construction, groundwater and hydrogeological assessment, permitting support, site characterization, and long-term compliance management. It also offers environmental risk transfer solutions, which are designed to shift remediation obligations and execution risk away from utility operators. In addition, Charah recycles and markets coal-combustion byproducts, including bottom ash, fly ash, and gypsum-related materials, creating a second revenue stream tied to beneficial reuse and circular-economy themes. From a competitive standpoint, Charah operates in a niche that requires technical expertise, regulatory know-how, field execution capability, and a strong safety record. Its customers are typically large power producers and utility operators that need a partner capable of handling complex environmental liabilities over multi-year project cycles. That gives Charah a service model that is less about commodity contracting and more about specialized, compliance-driven project delivery. Its market position is therefore tied to its ability to manage difficult legacy environmental assets and to help clients reduce greenhouse-gas-related and waste-disposal risks. Geographically, the company is anchored in Louisville, Kentucky, and also maintains a regional office presence in Charlotte, North Carolina, reflecting its North American operating footprint and customer reach across the U.S. power market. The business has historically emphasized service breadth, engineering support, logistics, and environmental compliance as differentiators. The most important recent corporate event was the July 2023 completion of the SER Capital Partners acquisition, which moved Charah out of the public markets. That transaction is strategically significant because it likely shifted the company toward a longer-term private ownership structure, while preserving its focus on environmental services, remediation, and byproduct recycling. For French-speaking investors, Charah Solutions is best viewed as a U.S. environmental-industrial specialist exposed to both legacy coal-related remediation demand and the broader transition toward cleaner energy and stricter environmental compliance.