Form 4: Ramaco Resources Executive Receives Stock Dividend and Incentive Grants

Estill Forrest Jones Jr., General Counsel of Ramaco Resources, received a stock dividend and grants of restricted and performance stock units.

Summary

• Estill Forrest Jones Jr., General Counsel of Ramaco Resources, received 859 shares of Class B common stock on March 14, 2025, as part of a stock dividend.
• On May 1, 2025, Jones received a grant of 9,300 restricted stock units and 9,300 performance stock units under the company's 2017 Long Term Incentive Plan.
• The restricted stock units vest in three equal annual installments starting January 31, 2026.
• The performance stock units vest based on achievement of pre-established performance targets between January 31, 2025, and December 31, 2027.
• Each restricted and performance stock unit represents a contingent right to receive one share of Ramaco Resources' Class A common stock.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices, suggesting a stable and well-governed company. The grants of stock units are a positive sign of aligning management interests with shareholder value.

Positives

• The grants of restricted and performance stock units align the executive's interests with the long-term performance of the company.
• The vesting schedules for the stock units incentivize continued service and achievement of performance goals.

Future Outlook

The restricted stock units will vest in three equal annual installments beginning on January 31, 2026. The performance stock units will vest upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets.

Industry Context

This filing is a routine disclosure of executive compensation and stock ownership, common in publicly traded companies. The use of stock dividends and equity-based compensation is a typical practice to incentivize executives and align their interests with shareholders.

Comparison to Industry Standards

• Equity compensation is a standard practice among publicly traded companies, particularly in the resource sector.
• Companies like Peabody Energy (BTU) and Arch Resources (ARCH) also utilize restricted stock units and performance-based equity awards to incentivize their executives.
• The vesting schedules and performance metrics associated with these awards are typically aligned with industry benchmarks and company-specific goals.

Stakeholder Impact

• Shareholders may view the equity grants as a positive sign, aligning management's interests with long-term company performance.
• Employees may see the grants as a reflection of the company's commitment to rewarding its executives.

Key Dates

Keywords

Ramaco Resources, METC, stock dividend, restricted stock units, performance stock units, insider trading, Form 4, Estill Forrest Jones Jr., executive compensation