Form 4: SunCoke Energy Director Michael Ward Lewis Reports Acquisition of Restricted Share Units

Director Michael Ward Lewis 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, Michael Ward Lewis, a director of SunCoke Energy, Inc., reported acquiring 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 Mr. Lewis's board service.
• The conversion rate is 1 RSU for 1 share of common stock.
• Following the reported transaction, Mr. Lewis directly owns 53,562 shares.
• The price of the derivative security is $0.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a common form of executive compensation.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of SunCoke Energy, Inc.

Future Outlook

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with those of the shareholders.

Key Dates

Keywords

SunCoke Energy, Director, RSUs, Restricted Share Units, Beneficial Ownership, Form 4, SXC, Michael Ward Lewis