Form 4: Director Boosts Stake in Alpha Metallurgical Resources

Alpha Metallurgical Resources Director Kenneth S. Courtis acquired 36,000 shares of common stock on December 8, 2025, increasing his direct beneficial ownership.

Summary

• Kenneth S. Courtis, a Director of Alpha Metallurgical Resources, Inc. (AMR), acquired a total of 36,000 shares of common stock on December 8, 2025, through multiple transactions.
• The shares were acquired at weighted average prices ranging from $172.92 to $176.41 per share.
• Following these transactions, Mr. Courtis directly beneficially owns 770,537 shares of Alpha Metallurgical Resources, Inc. common stock.
• The transaction table and code 'P' (Purchase) indicate these were acquisitions, despite the explanatory footnotes (1-5) mistakenly stating 'These shares were sold'.

Sentiment

Score: 7

Explanation: The acquisition of a significant number of shares by a director is generally viewed as a positive indicator of confidence in the company's future performance and valuation.

Positives

• A Director, Kenneth S. Courtis, acquired 36,000 shares of common stock, indicating confidence in the company's future prospects.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

Insider buying, such as this director's acquisition, is often interpreted by the market as a signal of management's confidence in the company's valuation and future performance, potentially indicating a belief that the stock is undervalued or that positive developments are anticipated.

Related Party Transactions

• Director Kenneth S. Courtis acquired 36,000 shares of the company's common stock in open market transactions.

Stakeholder Impact

• Shareholders may perceive the director's increased stake as a positive signal, potentially boosting investor confidence in the company's stock.

Key Dates

Keywords

Alpha Metallurgical Resources, AMR, Insider Trading, Form 4, Director, Stock Purchase, Beneficial Ownership