Form 4: Ramaco Director Manchin III Reports Stock Acquisitions

Ramaco Resources Director Joseph Anthony Manchin III reported the acquisition of 7,688 shares of Class A common stock as a restricted grant and 99 shares of Class B common stock through dividends.

Summary

• Joseph Anthony Manchin III, a Director of Ramaco Resources, Inc. (METC), reported changes in his beneficial ownership.
• On February 24, 2026, Mr. Manchin received a restricted stock grant of 7,688 shares of Class A common stock under the Company's 2017 Long Term Incentive Plan.
• These restricted Class A shares are scheduled to vest on January 31, 2027.
• Mr. Manchin also acquired 99 shares of Class B common stock as a result of three common stock dividends paid by the company.
• The Class B dividends were declared on March 17, 2025 (paid June 13, 2025), August 22, 2025 (paid September 19, 2025), and November 14, 2025 (paid December 19, 2025).
• The acquisition of Class B shares was exempt under Rule 16a-9(a) of the Securities Exchange Act of 1934.
• Following these transactions, Mr. Manchin beneficially owns 18,248 shares of Class A common stock directly and 99 shares of Class B common stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal. While a routine insider transaction, the acquisition of shares by a director, even through grants and dividends, generally indicates continued alignment of interests with the company's performance.

Positives

• The acquisition of restricted stock aligns the director's interests with those of shareholders, as the value of the grant is tied to the company's future stock performance.
• The receipt of Class B common stock through dividends indicates the company's ongoing distribution of profits to shareholders, including insiders.

Future Outlook

The 7,688 shares of Class A common stock granted to the director are scheduled to vest on January 31, 2027, indicating a future milestone for this portion of his compensation.

Industry Context

StockSavvy.ai notes that director stock grants and dividend reinvestments are common practices in publicly traded companies, particularly within the energy and materials sectors, to align the interests of key personnel with long-term shareholder value. These actions reflect standard corporate governance and compensation strategies.

Stakeholder Impact

• Shareholders: The increase in director ownership, particularly through a restricted stock grant, can be seen as a positive for shareholders, as it further aligns the director's financial interests with the company's long-term performance.
• Employees: The restricted stock grant is part of the company's 2017 Long Term Incentive Plan, which typically covers key employees and directors, indicating ongoing use of equity-based compensation.

Next Steps

• The 7,688 shares of Class A restricted stock are expected to vest on January 31, 2027.

Key Dates

Keywords

Ramaco Resources, METC, Joseph Anthony Manchin III, Director, Insider Trading, Form 4, Restricted Stock Grant, Class A Common Stock, Class B Common Stock, Dividends, Beneficial Ownership