Form 4: Yorktown Energy Partners XI Sells METC Shares

Yorktown Energy Partners XI, a 10% owner of Ramaco Resources, Inc., reported multiple sales of Class B Common Stock totaling 9,330 shares.

Summary

• Yorktown Energy Partners XI, L.P., a 10% owner of Ramaco Resources, Inc. (METC), reported the sale of 9,330 shares of Class B Common Stock across three separate transactions.
• On March 24, 2026, 3,060 shares were sold at a weighted average price of $11.5756 per share.
• On March 25, 2026, 3,874 shares were sold at a weighted average price of $11.2376 per share.
• On March 26, 2026, 2,396 shares were sold at a weighted average price of $10.7833 per share.
• Following these transactions, Yorktown Energy Partners XI, L.P. beneficially owns 1,243,197 shares of Class B Common Stock.
• The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein.
• The reported prices are weighted averages, with sales occurring within specified ranges: $11.20 to $11.91 (March 24), $11.00 to $11.92 (March 25), and $10.50 to $11.325 (March 26).
• The beneficial ownership also reflects 240,791 shares of common stock received by the reporting person as payment-in-kind dividends on Series A Preferred Stock and Series B Preferred Stock, which are exempt from reporting under Rule 16a-9(a).

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a moderately negative signal, as a significant shareholder is reducing its stake, potentially indicating a less favorable outlook or portfolio rebalancing, especially given the declining sale prices.

Negatives

• A 10% owner, Yorktown Energy Partners XI, L.P., sold a total of 9,330 shares of Ramaco Resources, Inc. Class B Common Stock over three consecutive days.
• The weighted average sale price declined across the three transaction dates, from $11.5756 on March 24, 2026, to $10.7833 on March 26, 2026.

Risks

• Insider selling by a significant shareholder like a 10% owner can be interpreted by the market as a signal of reduced confidence in the company's future prospects or that the stock may be overvalued.
• A declining trend in sale prices during the transaction period could suggest increasing selling pressure or a perceived decrease in value by the insider.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider selling, particularly by a significant shareholder like a 10% owner, can sometimes be interpreted by the market as a signal regarding the company's near-term prospects or valuation, though it could also be for portfolio rebalancing.

Stakeholder Impact

• Shareholders may interpret the insider selling by a 10% owner as a negative signal, potentially leading to decreased investor confidence and downward pressure on the stock price.

Key Dates

Recommendation

The insider selling by Yorktown Energy Partners XI, L.P., a 10% owner, while a negative signal, does not immediately warrant a 'sell' recommendation without further context on the reasons for the sales (e.g., portfolio rebalancing, liquidity needs, or a fundamental change in outlook). Investors should 'hold' and monitor future insider activity and company performance closely, exercising caution for new investments.

Keywords

Ramaco Resources, METC, Yorktown Energy Partners, Insider Selling, Form 4, Stock Sale, 10% Owner, Class B Common Stock