4/A: Alpha Metallurgical Resources Director Amends Filing to Correctly Report Share Purchases

A director of Alpha Metallurgical Resources, Kenneth S. Courtis, amended a previous filing to correctly report the purchase of shares, rather than a sale, on December 13, 2024.

Summary

• Kenneth S. Courtis, a director at Alpha Metallurgical Resources, filed an amendment to a previous Form 4 to correct a transaction.
• The amendment clarifies that Mr. Courtis purchased shares of common stock on December 13, 2024, not sold them as previously indicated.
• The purchases were made in multiple transactions at varying prices, with weighted average prices reported for each set of transactions.
• The total number of shares purchased was 10,621, increasing his total holdings to 624,584 shares.
• The purchases were made at weighted average prices ranging from $227.66 to $230.35 per share.

Sentiment

Score: 6

Explanation: The document is a routine correction of a transaction report, not indicative of any significant positive or negative sentiment. The correction is a neutral event.

Negatives

• The need for an amended filing indicates an initial error in reporting the transaction.

Risks

• Errors in reporting transactions can lead to confusion and potential regulatory scrutiny.

Industry Context

This filing is a routine disclosure of a director's share transactions, which is common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• The reporting of insider transactions is a standard practice for all publicly listed companies in the US, as mandated by the SEC.
• The filing is consistent with the requirements of Section 16(a) of the Securities Exchange Act of 1934.
• Similar filings are made by directors and officers of companies like Peabody Energy (BTU) and Arch Resources (ARCH) when they trade their company's stock.

Stakeholder Impact

• The correction of the filing ensures transparency for shareholders regarding insider transactions.

Key Dates

Keywords

Alpha Metallurgical Resources, AMR, Kenneth S. Courtis, Form 4, SEC Filing, Share Purchase, Director Transaction, Beneficial Ownership