Form 4: Ramaco Resources Director Frischkorn Receives Stock Grant and Dividends

Director David E K Frischkorn reports receiving a restricted stock grant and stock dividends from Ramaco Resources, Inc.

Summary

• On February 24, 2025, David E K Frischkorn, a director of Ramaco Resources, Inc., 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, Frischkorn received 788 shares of Class B common stock as a result of stock dividends declared by the issuer.
• The dividends were $0.1375 per share of Class A common stock and $0.2364 per share of Class B common stock, payable in Class B shares.
• The number of Class B shares issued was determined by dividing the dividend amount by the closing price of Class B common stock on the record date ($9.96).

Sentiment

Score: 7

Explanation: The document reflects standard insider transactions, suggesting a stable and ongoing compensation structure. The sentiment is neutral to slightly positive as it indicates continued investment in the company by its directors.

Positives

• The receipt of stock grants and dividends indicates confidence in the company's future performance.
• The director's increased stake in the company aligns his interests with those of other shareholders.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Comparison to Industry Standards

• Stock grants and dividends are common forms of compensation for directors in publicly traded companies, particularly in the resource sector.
• Companies like Peabody Energy (BTU) and Arch Resources (ARCH) also utilize stock-based compensation to align management and shareholder interests.
• The size of the grant and dividend payout is typical for a company of Ramaco Resources' size and market capitalization.

Stakeholder Impact

• The stock grant and dividends may have a slightly positive impact on shareholder sentiment.
• The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates