Form 4: Alpha Metallurgical Resources Director Kenneth S. Courtis Sells Shares

Director Kenneth S. Courtis of Alpha Metallurgical Resources, Inc. [AMR] executed multiple sales of common stock on March 15, 2024, reducing his holdings.

Summary

• On March 15, 2024, Kenneth S. Courtis, a director of Alpha Metallurgical Resources, Inc., sold shares of the company's common stock.
• The sales were executed in multiple transactions at varying prices ranging from approximately $291.28 to $307.81 per share.
• A total of 17 transactions were reported, with the number of shares sold in each transaction ranging from 42 to 7,502.
• Following these transactions, Courtis directly owns 613,234 shares of Alpha Metallurgical Resources, Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, and 10% owners) buy or sell their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The stock sale by a director could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future performance, potentially leading to a decrease in stock price.

Key Dates