Form 4: SunCoke CFO Marinko Reports Equity Vesting, PSU Settlement

SunCoke Energy's CFO, Mark W. Marinko, reported the vesting and conversion of restricted stock units, settlement of performance share units, and associated tax withholdings.

Summary

• Mark W. Marinko, SR VP, Chief Financial Officer of SunCoke Energy, Inc. (SXC), reported multiple transactions related to equity compensation.
• On February 24, 2026, 8,468 shares of common stock were acquired upon the vesting of Restricted Share Units (RSUs) granted on February 23, 2023.
• Concurrently on February 24, 2026, 3,752 shares were disposed of at $5.88 per share to satisfy minimum statutory tax withholding requirements related to the RSU vesting.
• Also on February 24, 2026, 7,600 shares of common stock were acquired upon the vesting of RSUs granted on February 22, 2024.
• An additional 3,367 shares were disposed of at $6.22 per share on February 24, 2026, for tax withholding related to RSU vesting.
• On February 24, 2026, 4,633 shares of common stock were acquired through the settlement of a Performance Share Unit (PSU) award granted on February 23, 2023, net of shares withheld for statutory tax requirements.
• On February 23, 2026, 8,474 shares of common stock were acquired upon the vesting of RSUs granted on February 21, 2025.
• On February 23, 2026, 4,204 shares were disposed of at $6.22 per share to cover tax withholding requirements for the RSU vesting.
• Following these transactions, Mr. Marinko beneficially owns 61,798 shares of SunCoke Energy, Inc. common stock directly.
• Remaining unvested derivative securities include 7,599 RSUs from the February 22, 2024 grant and 16,947 RSUs from the February 21, 2025 grant.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting the routine vesting of executive compensation and the achievement of performance targets for PSU awards, which aligns management's interests with shareholders.

Positives

• The CFO acquired a significant number of shares (29,175 shares total) through the vesting and settlement of equity compensation, indicating continued alignment with shareholder interests.
• The settlement of Performance Share Units (PSUs) suggests that performance targets were met, leading to the award conversion.

Negatives

• A total of 11,323 shares were disposed of to cover tax liabilities, which is a common practice but reduces the direct ownership stake.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, primarily reflecting compensation events rather than strategic shifts or market trends. These transactions are common across industries for executives receiving equity-based compensation.

Stakeholder Impact

• Shareholders: The vesting and settlement of equity awards for the CFO align management's incentives with shareholder value creation. The disposal of shares for tax purposes is a standard, expected event.
• Employees: These transactions reflect the company's ongoing equity compensation programs, which are common for executives and can motivate performance.

Key Dates

Recommendation

This Form 4 filing details routine equity compensation events for a company executive, including RSU vesting, PSU settlement, and associated tax withholdings. Such transactions are standard and do not typically indicate a change in the company's fundamental performance or strategic direction. Therefore, it does not provide sufficient new information to warrant a change from a 'hold' recommendation.

Keywords

SunCoke Energy, SXC, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units, RSU, Performance Share Units, PSU, CFO, Mark W. Marinko, Beneficial Ownership