Form 4: Ramaco Resources Director Christian Lynch III Receives Stock Grant and Dividends

Director Christian Lynch III of Ramaco Resources received a stock grant and stock dividends, increasing his holdings in both Class A and Class B common stock.

Summary

• On February 24, 2025, Christian Lynch III, a director of Ramaco Resources, received a restricted stock grant of 10,560 shares of Class A common stock.
• These shares will vest on January 31, 2026.
• Additionally, on December 16, 2024, Lynch received 1,818 shares of Class B common stock as a result of stock dividends declared by the issuer on November 20, 2024.
• The stock dividends were $0.1375 per share of Class A common stock and $0.2364 per share of Class B common stock.
• The amount of Class B shares issued per share was determined by dividing the dividend amount by the closing transaction price of the Class B common stock on the record date ($9.96).
• Following these transactions, Lynch directly owns 109,921 shares of Class A common stock and 20,630 shares of Class B common stock.

Sentiment

Score: 7

Explanation: The document reflects standard compensation practices and insider ownership, which is generally viewed neutrally to positively. The increased ownership aligns the director's interests with those of shareholders.

Positives

• The receipt of stock grants and dividends increases the director's alignment with shareholder interests.
• The stock grant incentivizes the director to contribute to the long-term success of the company.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting date of the restricted stock.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Stock grants and dividends are standard compensation practices used to incentivize and reward company executives and directors.

Comparison to Industry Standards

• Stock grants and dividends are common compensation practices in the resources industry.
• Companies like Peabody Energy (BTU) and Arch Resources (ARCH) also utilize stock-based compensation to align management interests with shareholders.
• The size of the stock grant and dividend payout would need to be compared to similar companies to assess its relative significance.

Stakeholder Impact

• The stock grant and dividends increase the director's stake in the company, aligning his interests with those of shareholders.
• Employees may view the stock grant as a positive sign of the company's commitment to its leadership.

Key Dates