Form 4: Richard M. Whiting Receives Stock Grant and Dividends in Ramaco Resources
SEC Form 4
Director Richard M. Whiting received a restricted stock grant and stock dividends from Ramaco Resources, Inc.
Summary
- Richard M. Whiting, a director of Ramaco Resources, Inc., received 10,560 shares of Class A common stock as a restricted stock grant on February 24, 2025.
- The restricted stock will vest on January 31, 2026.
- Whiting also received 2,286 shares of Class B common stock on December 16, 2024, as stock dividends.
- The stock dividends were declared on November 20, 2024, at $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).
Sentiment
Score: 6
Explanation: The document reflects standard insider transactions, which are neither overwhelmingly positive nor negative. The sentiment is neutral to slightly positive due to the granting of stock, indicating confidence in the company.
Positives
- The receipt of stock grants and dividends indicates confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting date of the restricted stock.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2024-11-20 | Issuer declared stock dividends of $0.1375 per share of Class A common stock and $0.2364 per share of Class B common stock. |
| 2024-12-02 | Shareholders of record as of the close of Nasdaq. |
| 2024-12-16 | Reporting person received 2,286 shares of Company's Class B common stock as stock dividends. |
| 2025-02-24 | Reporting person received a restricted stock grant of 10,560 shares of Class A common stock. |
| 2026-01-31 | Restricted stock will vest. |
| 2025-02-25 | Date of signature. |
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