Form 4: SunCoke Energy Director Martha Z. Carnes Reports Acquisition of Restricted Share Units

Director Martha Z. Carnes reports acquisition of 14,412 restricted share units (RSUs) of SunCoke Energy, Inc. on May 15, 2025, convertible to common stock upon termination of board service.

Summary

• On May 15, 2025, Martha Z. Carnes, a director of SunCoke Energy, Inc., reported the acquisition of 14,412 restricted share units (RSUs).
• These RSUs were granted under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan and are exempt under Rule 16b-3.
• The RSUs will be settled in shares of common stock following the termination of Ms. Carnes' board service.
• The conversion rate is 1 RSU for 1 share of common stock.
• Following the transaction, Ms. Carnes directly owns 53,562 shares.
• The price of the derivative security is $0.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a standard compensation practice (granting RSUs) for a company director, indicating alignment of interests with shareholders.

Future Outlook

The restricted share units will be settled in shares of common stock following termination of Board service.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, providing transparency to investors regarding the holdings and transactions of company directors. It is a standard practice for publicly traded companies.

Stakeholder Impact

• The acquisition of RSUs by a director aligns their interests with those of shareholders, as the value of the RSUs is tied to the company's stock performance.

Key Dates

Keywords

SunCoke Energy, Director, RSUs, Restricted Share Units, Form 4, Beneficial Ownership, Carnes, SXC