Form 4: Yorktown Energy Partners XI, L.P. Reduces Stake in Ramaco Resources, Inc.
SEC Form 4
Yorktown Energy Partners XI, L.P. reports the sale of Class A and Class B Common Stock in Ramaco Resources, Inc. over a three-day period.
Summary
- Yorktown Energy Partners XI, L.P. filed a Form 4 detailing changes in beneficial ownership of Ramaco Resources, Inc. (METC).
- The transactions involved the sale of both Class A and Class B common stock.
- On March 20, 2025, 64,546 shares of Class A common stock were sold at an average price of $8.9128, and 7,856 shares of Class B common stock were sold at an average price of $8.0887.
- On March 21, 2025, 72,614 shares of Class A common stock were sold at an average price of $8.7115, and 11,257 shares of Class B common stock were sold at an average price of $7.992.
- On March 24, 2025, 90,769 shares of Class A common stock were sold at an average price of $8.9254, and 7,505 shares of Class B common stock were sold at an average price of $7.9672.
- Following these transactions, Yorktown Energy Partners XI, L.P. still beneficially owns 4,607,747 shares of Class A common stock and 1,052,404 shares of Class B common stock.
- The sales were executed at varying prices within specified ranges, and the reporting person will provide full information regarding the number of shares sold at each separate price upon request.
Sentiment
Score: 4
Explanation: The sentiment is slightly negative as a major shareholder is reducing their position. However, it's a routine transaction and doesn't necessarily indicate a fundamental problem with the company.
Negatives
- Yorktown Energy Partners XI, L.P., a significant shareholder, is reducing its stake in Ramaco Resources, which could be perceived negatively by the market.
Risks
- Continued selling pressure from Yorktown Energy Partners XI, L.P. could negatively impact the stock price of Ramaco Resources.
- The market may interpret the sale as a lack of confidence in the future prospects of the company.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders and major shareholders. Monitoring these filings can offer insights into the sentiment and actions of those with the most knowledge of the company.
Stakeholder Impact
- Shareholders may react to the news of Yorktown Energy Partners XI, L.P.'s stock sale, potentially leading to price volatility.
- Employees may experience uncertainty if the stock sale is perceived as a negative signal about the company's future.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Sale of Class A and Class B Common Stock |
| 03/21/2025 | Sale of Class A and Class B Common Stock |
| 03/24/2025 | Sale of Class A and Class B Common Stock and Filing Date |
Keywords
Ramaco Resources, METC, Yorktown Energy Partners, insider trading, Form 4, beneficial ownership, stock sale
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