Form 4: Alpha Metallurgical Resources Director Receives Stock Grant

Kenneth S. Courtis, a director of Alpha Metallurgical Resources, received a grant of 729 restricted stock units on May 2, 2024.

Summary

• On May 2, 2024, Kenneth S. Courtis, a director of Alpha Metallurgical Resources, Inc., was granted 729 restricted stock units.
• These restricted stock units will vest upon Courtis's separation from service from the Issuer.
• Following the transaction, Courtis beneficially owns 613,963 shares of Alpha Metallurgical Resources common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock grant) and doesn't contain any alarming or negative information. It's a neutral event with a slightly positive implication due to aligning director interests.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.

Future Outlook

The vesting of the restricted stock units is contingent upon the director's continued service with the company.

Industry Context

Stock grants to directors are a common practice to incentivize and align their interests with the company's shareholders.

Stakeholder Impact

• The stock grant could have a minor positive impact on shareholder sentiment by aligning director interests with those of shareholders.

Key Dates