Form 4: Yorktown Energy Partners IX, L.P. Reports Distribution of Ramaco Resources Shares

Yorktown Energy Partners IX, L.P. reported a pro rata distribution of 900,000 Class A common shares of Ramaco Resources, Inc. to its partners.

Summary

• Yorktown Energy Partners IX, L.P. filed a Form 4 indicating a change in beneficial ownership of Ramaco Resources, Inc. stock.
• The transaction involved a pro rata distribution of 900,000 Class A common shares to its general and limited partners.
• The distribution occurred on December 10, 2024.
• Following the transaction, Yorktown Energy Partners IX, L.P. directly owns 3,954,987 Class A common shares and 1,083,332 Class B common shares.
• The distribution was not a sale, and the price per share was $0.

Sentiment

Score: 5

Explanation: The document is a neutral report of a standard transaction. It does not indicate any positive or negative sentiment towards the company.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a major shareholder, which is common in the investment management industry. It reflects the internal operations of Yorktown Energy Partners and does not necessarily indicate a change in their long-term view of Ramaco Resources.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and major shareholders of publicly traded companies, as mandated by the SEC.
• The pro rata distribution of shares to partners is a common practice for private equity and investment partnerships.
• The reporting of the transaction with a $0 price is consistent with the nature of a distribution rather than a sale.

Stakeholder Impact

• The distribution of shares may have a minor impact on the shareholder base of Ramaco Resources, as the shares are now held by the partners of Yorktown Energy Partners IX, L.P.

Key Dates

Keywords

Ramaco Resources, Yorktown Energy Partners, share distribution, beneficial ownership, Form 4, equity securities