METC.NASDAQRamaco Resources, INC

Form 4: Ramaco Resources CFO Jeremy Sussman Reports Acquisition of Restricted and Performance Stock Units

Sentiment:

SEC Form 4 Filing

📋All filings for Ramaco Resources, INC
🔒Login to Follow

Chief Financial Officer of Ramaco Resources, Jeremy R. Sussman, reports the acquisition of restricted stock units and performance stock units.

Summary

  • Jeremy R. Sussman, CFO of Ramaco Resources, reported the acquisition of 33,369 Restricted Stock Units (RSUs) and 33,369 Performance Stock Units (PSUs) on February 29, 2024.
  • The RSUs vest in three equal installments starting January 31, 2025.
  • The PSUs vest upon the company's Class A common stock achieving a specified total shareholder return for a measurement period, expiring on December 31, 2026.
  • Following the transaction, Sussman beneficially owns 91,567 RSUs and 142,334 PSUs.

Sentiment

Score: 7

Explanation: The document is a neutral report of stock unit acquisitions, which is generally a positive sign as it aligns management interests with shareholders.

Positives

  • The acquisition of RSUs and PSUs aligns the CFO's interests with the company's performance and shareholder value.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Stakeholder Impact

  • The acquisition of stock units by the CFO can positively impact shareholders by aligning management's interests with the company's long-term success.

Key Dates

DateDescription
02/16/2022Date of Company's previous RSU and PSU grant.
02/20/2023Date of Company's previous RSU and PSU grant.
02/29/2024Date of the reported transaction: acquisition of RSUs and PSUs.
01/31/2025Start date for vesting of the acquired RSUs in three equal installments.
12/31/2026Expiration date for the acquired PSUs.
03/04/2024Date of the report filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.