Form 4: Ramaco CFO Receives Equity Grants Under Incentive Plan

Ramaco Resources' CFO, Jeremy R. Sussman, was granted 76,884 restricted and performance stock units under the company's long-term incentive plan.

Summary

• Jeremy R. Sussman, Chief Financial Officer of Ramaco Resources, Inc. (METC), received a grant of 38,442 Restricted Stock Units (RSUs) on February 24, 2026.
• These RSUs will vest in three equal annual installments, commencing on January 31, 2027.
• Each RSU represents a contingent right to receive one share of Ramaco Resources' Class A common stock.
• Sussman also received a grant of 38,442 Performance Stock Units (PSUs) on February 24, 2026.
• The PSUs have a performance period from January 1, 2026, to December 31, 2028.
• Vesting for the PSUs is contingent upon the certification by the Compensation Committee of the Board of Directors regarding the achievement of pre-established performance targets, with achievement ranging from 0% to 200% of the grant.
• Each PSU represents a contingent right to receive one share of Ramaco Resources' Class A common stock.
• Both grants were made under the Company's 2017 Long-Term Incentive Plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive development, as it represents routine executive compensation designed to align management's interests with long-term shareholder value, without indicating any immediate operational or financial changes.

Positives

• The equity grants align the Chief Financial Officer's long-term interests with those of shareholders, incentivizing performance and value creation.
• The performance-based nature of the PSUs directly ties a significant portion of compensation to the achievement of specific company goals.

Negatives

• The specific performance targets for the Performance Stock Units are not disclosed, limiting transparency regarding the metrics for executive compensation.
• The grants represent potential future dilution for existing shareholders if all units vest and convert into Class A common stock.

Risks

• The vesting of Performance Stock Units is contingent on the achievement of pre-established performance targets, which may not be met, leading to uncertainty in the final number of shares received.
• Future share price fluctuations could impact the ultimate value of the vested restricted and performance stock units.

Future Outlook

The grants of performance stock units indicate a forward-looking focus on achieving specific company performance targets over the period from January 2026 to December 2028, aligning executive incentives with future strategic objectives.

Industry Context

StockSavvy.ai notes that the grant of restricted and performance stock units to a Chief Financial Officer is a standard practice in executive compensation across various industries. This approach is widely used to attract, retain, and motivate key executives by linking their compensation directly to the company's long-term performance and shareholder value creation.

Comparison to Industry Standards

• Equity-based compensation, such as restricted and performance stock units, is a common practice across industries to align executive incentives with long-term shareholder value.
• This grant structure, involving both time-based (RSUs) and performance-based (PSUs) vesting, is consistent with typical executive compensation packages observed in the U.S. public market for companies of similar size and sector.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential future dilution from the conversion of vested units into common stock, but also benefit from incentivized management performance.
• Employees: No direct impact mentioned, but executive compensation practices can influence overall company culture and compensation philosophy.

Next Steps

• The Restricted Stock Units will begin vesting in three equal annual installments starting January 31, 2027.
• The Compensation Committee will certify the achievement of performance targets for the Performance Stock Units after the performance period ends on December 31, 2028.

Key Dates

Keywords

Ramaco Resources, METC, Jeremy R. Sussman, Chief Financial Officer, Restricted Stock Units, Performance Stock Units, Equity Compensation, Long-Term Incentive Plan, Executive Compensation, Insider Transaction