Form 4: SunCoke Energy Director Ralph M. Della Ratta Jr. Reports Acquisition of Restricted Share Units

Director Ralph M. Della Ratta Jr. reports acquisition of 16,856 restricted share units (RSUs) of SunCoke Energy, Inc. on May 16, 2024.

Summary

• On May 16, 2024, Ralph M. Della Ratta Jr., a director of SunCoke Energy, Inc., acquired 16,856 restricted share units (RSUs).
• The RSUs were granted pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan and are exempt under Rule 16b-3.
• Each RSU will be settled in one share of common stock following the termination of Board service.
• Following the transaction, Della Ratta directly owns 16,856 shares of SunCoke Energy, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of RSUs being granted to a director. It doesn't inherently indicate positive or negative sentiment, but rather a routine part of executive compensation.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

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 routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of RSUs, which is a common form of executive compensation.

Stakeholder Impact

• The acquisition of RSUs by a director could be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates