Form 4: Ramaco Resources Director Manchin Receives Restricted Stock Grant
SEC Form 4 Filing
Director Joseph Anthony Manchin III receives 10,560 shares of Ramaco Resources Class A common stock as a restricted stock grant.
Summary
- On April 21, 2025, Joseph Anthony Manchin III, a director of Ramaco Resources, Inc. (METC), received a restricted stock grant of 10,560 shares of Class A common stock.
- The grant was made under the company's 2017 Long Term Incentive Plan.
- The restricted stock is scheduled to vest on January 31, 2026.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing related to executive compensation. It is neither particularly positive nor negative, but reflects normal business operations.
Positives
- The grant of restricted stock aligns the director's interests with those of the shareholders, incentivizing him to work towards the long-term success of the company.
Future Outlook
The document does not contain any specific forward-looking statements beyond the vesting date of the restricted stock.
Industry Context
Restricted stock grants are a common form of executive compensation used to align the interests of company leadership with those of shareholders. This grant is part of Ramaco Resources' long-term incentive plan.
Comparison to Industry Standards
- It's common practice for companies like Ramaco Resources to use restricted stock grants as part of their executive compensation packages.
- Companies such as Peabody Energy (BTU) and Arch Resources (ARCH) also utilize similar long-term incentive plans to retain and motivate key personnel.
- The size of the grant should be compared to industry benchmarks for director compensation to determine if it is in line with market standards.
Stakeholder Impact
- The stock grant could have a minor positive impact on shareholder sentiment as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of the restricted stock grant. |
| 01/31/2026 | Vesting date of the restricted stock. |
Keywords
Ramaco Resources, METC, Director, Joseph Manchin, Restricted Stock, Stock Grant, Beneficial Ownership, Form 4, Incentive Plan, Vesting
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.