Form 4: Ramaco Resources CFO, Jeremy Sussman, Reports Stock Transactions Following Vesting of Restricted Stock Units

Ramaco Resources' Chief Financial Officer, Jeremy Sussman, reported multiple transactions involving Class A and Class B common stock, including the vesting of restricted stock units and shares surrendered for tax obligations.

Summary

• Jeremy Sussman, the Chief Financial Officer of Ramaco Resources, reported transactions related to the vesting of restricted stock units on December 15, 2024.
• These transactions included the acquisition of 14,444 Class A common stock and 2,889 Class B common stock from vested restricted stock units.
• A portion of the vested shares, 6,261 Class A shares and 1,252 Class B shares, were surrendered to cover tax obligations.
• Additionally, Sussman received 5,517 Class B shares as part of a stock dividend declared on November 20, 2024.
• He also received 267 Class B shares in settlement of dividend equivalent units, with 115 of those shares used to satisfy tax withholding obligations.
• The transactions resulted in a net change in Sussman's holdings of both Class A and Class B common stock.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation and dividend practices, indicating a stable and expected financial activity. There are no indications of significant positive or negative events.

Positives

• The vesting of restricted stock units indicates a positive incentive structure for company executives.
• The stock dividend payment resulted in additional shares for the reporting person.

Negatives

• The surrender of shares to cover tax obligations reduced the net gain from the vesting of restricted stock units.

Risks

• Fluctuations in the stock price could impact the value of the shares acquired and surrendered for tax purposes.
• Changes in tax laws could affect the net benefit of stock-based compensation.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It reflects the standard practice of using stock-based compensation and dividend payments.

Comparison to Industry Standards

• The vesting of restricted stock units and the subsequent tax-related share surrenders are standard practices in executive compensation across various industries.
• The stock dividend is a common method for returning value to shareholders, similar to practices seen in other companies in the resources sector.
• The reporting of these transactions via SEC Form 4 is a mandatory compliance requirement for company insiders, consistent with regulations for all publicly traded companies.

Stakeholder Impact

• Shareholders may view the stock dividend as a positive return on their investment.
• Employees holding stock options or restricted stock units may be impacted by the vesting and tax implications.

Key Dates

Keywords

Ramaco Resources, METC, Jeremy Sussman, CFO, Stock Transactions, Restricted Stock Units, Stock Dividend, Class A Common Stock, Class B Common Stock, Tax Obligations, Beneficial Ownership