Form 4: Yorktown IX Associates LLC Reports Distribution of Ramaco Resources Shares

Yorktown IX Associates LLC reported a pro rata distribution of 900,000 Class A common shares of Ramaco Resources, Inc.

Summary

• Yorktown IX Associates LLC filed a Form 4 disclosing a transaction involving Ramaco Resources, Inc. shares.
• The transaction involved a pro rata distribution of 900,000 Class A common shares.
• The shares were distributed from Yorktown Energy Partners IX, L.P., Yorktown IX Company LP, and the reporting person.
• Following the transaction, Yorktown IX Associates LLC directly owns 1,083,332 Class B common shares.
• Yorktown IX Associates LLC indirectly owns 3,954,987 Class A common shares through Yorktown Energy Partners IX, L.P.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate a positive or negative sentiment.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a major shareholder, which is common in the financial industry.

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.
• The pro rata distribution is a common method for distributing assets from investment partnerships to their partners.
• The level of detail provided in the filing is consistent with SEC requirements for Form 4 disclosures.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects a change in ownership structure.

Key Dates

Keywords

Ramaco Resources, Yorktown IX Associates LLC, Form 4, share distribution, beneficial ownership, Class A common stock, Class B common stock