Form 4: Ramaco Resources Director Patrick C Graney III Receives Stock Grant and Dividends

Director Patrick C Graney III of Ramaco Resources, Inc. reports receiving a restricted stock grant and stock dividends in Class B common stock.

Summary

• On February 24, 2025, Patrick C Graney III, a director of Ramaco Resources, Inc., received a restricted stock grant of 10,560 shares of Class A common stock under the company's 2017 Long Term Incentive Plan.
• These shares will vest on January 31, 2026.
• Additionally, on December 16, 2024, Graney received 3,644 shares of Class B common stock as a result of stock dividends declared on November 20, 2024.
• The dividend was $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 transaction price of Class B common stock on the record date ($9.96).

Sentiment

Score: 6

Explanation: The document reflects standard compensation practices. It's neutral in tone and doesn't indicate any significant positive or negative developments.

Positives

• The receipt of stock grants and dividends by a director could be seen as a positive sign, aligning the director's interests with those of the shareholders.
• The vesting of the restricted stock on January 31, 2026, suggests a long-term commitment from the director.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It reflects standard compensation practices, including stock grants and dividends, common in publicly traded companies to incentivize and reward executives and directors.

Comparison to Industry Standards

• Stock grants and dividend payments are common forms of compensation for directors in publicly traded companies, including those in the resources sector.
• Companies like Peabody Energy (BTU) and Arch Resources (ARCH) also utilize stock-based compensation as part of their executive and director compensation packages.
• The specific amounts and vesting schedules vary based on company size, performance, and industry norms.

Stakeholder Impact

• The stock grant and dividends could have a minor positive impact on shareholder sentiment.
• The director's increased stake in the company aligns their interests more closely with those of the shareholders.

Key Dates