METC.NASDAQRamaco Resources, INC

Form 4: Ramaco Resources CEO Reports Changes in Beneficial Ownership After Tax Obligation Fulfillment

Sentiment:

SEC Form 4 Filing

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CEO Randall Whittaker Atkins reports changes in beneficial ownership of Ramaco Resources stock due to shares forfeited to satisfy tax obligations upon vesting.

Summary

  • On June 30, 2024, Randall Whittaker Atkins, CEO of Ramaco Resources, reported changes in his beneficial ownership of the company's Class A and Class B common stock.
  • The changes resulted from the forfeiture of shares to satisfy tax obligations upon vesting.
  • 188,627 Class A common stock shares were forfeited at a price of $12.45.
  • 37,725 Class B common stock shares were forfeited at a price of $10.86.
  • Following the transactions, Atkins directly owns 420,361 shares of Class A common stock and 85,286 shares of Class B common stock.
  • Atkins also indirectly owns shares through his daughter and as a trustee for the Randall Whittaker Atkins Revocable Trust U/A DTD.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a strategic shift or significant event for Ramaco Resources within the broader coal industry.

Key Dates

DateDescription
06/28/2024Date used to determine the closing price of Class A and Class B common stock for calculating the number of shares forfeited.
06/30/2024Date of the transaction involving the forfeiture of shares.
07/01/2024Date of signature for the Form 4 filing.

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