Form 4: Yorktown XI Associates LLC Reduces Stake in Ramaco Resources
SEC Form 4 Filing
Yorktown XI Associates LLC reports the sale of Class A and Class B Common Stock in Ramaco Resources, Inc. over a three-day period.
Summary
- Yorktown XI Associates LLC filed a Form 4 detailing changes in beneficial ownership of Ramaco Resources, Inc. (METC) stock.
- The transactions involved the sale of both Class A and Class B Common Stock between March 25, 2025, and March 27, 2025.
- On March 25, 2025, Yorktown XI sold 56,603 shares of Class A Common Stock at an average price of $8.6701 and 10,648 shares of Class B Common Stock at an average price of $7.7962.
- On March 26, 2025, the entity sold 72,615 shares of Class A Common Stock at an average price of $8.2408 and 16,886 shares of Class B Common Stock at an average price of $7.4242.
- On March 27, 2025, Yorktown XI sold 46,268 shares of Class A Common Stock at an average price of $8.3433 and 13,134 shares of Class B Common Stock at an average price of $7.1061.
- Following these transactions, Yorktown XI Associates LLC, through its ownership in Yorktown Energy Partners XI, L.P., indirectly holds 4,432,261 shares of Class A Common Stock and 1,011,736 shares of Class B Common Stock.
- Yorktown XI disclaims beneficial ownership of these securities except to the extent of its pecuniary interest.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative. While the filing itself is a standard procedure, the sale of shares by a significant holder like Yorktown XI could be perceived negatively by investors.
Negatives
- Yorktown XI Associates LLC reduced its holdings in Ramaco Resources, which could be interpreted negatively by the market.
Risks
- Continued selling pressure from Yorktown XI could further depress the stock price.
- The market may react negatively to the reduced stake, potentially impacting investor confidence.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders and major shareholders. The market will likely analyze the reasons behind Yorktown's sale, considering factors such as portfolio rebalancing or a change in outlook for Ramaco Resources.
Stakeholder Impact
- Shareholders may react to the news of Yorktown XI's reduced stake.
- The market's perception of Ramaco Resources could be affected.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of first reported transaction: Sale of Class A and Class B Common Stock |
| 03/26/2025 | Date of second reported transaction: Sale of Class A and Class B Common Stock |
| 03/27/2025 | Date of third reported transaction and signature date. |
Keywords
Ramaco Resources, Yorktown XI Associates LLC, METC, Form 4, Beneficial Ownership, Stock Sale, Class A Common Stock, Class B Common Stock
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