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 19,734 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, Ralph M. Della Ratta Jr., a director of SunCoke Energy, Inc., reported the acquisition of 19,734 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 Della Ratta's board service.
• The conversion rate for the RSUs is 1 for 1.
• Following the transaction, Della Ratta directly owns 36,590 shares.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of RSUs by a director is generally seen as a positive sign, indicating confidence in the company's future. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.
• The RSUs are part of a long-term incentive plan, aligning the director's interests with those of the shareholders.

Future Outlook

The RSUs will be settled in shares of common stock following termination of Board service.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies. It reflects part of the company's compensation strategy to align management's interests with shareholder value.

Comparison to Industry Standards

• Director compensation packages often include restricted stock units (RSUs) as a component of long-term incentives.
• Companies like Peabody Energy (BTU) and Arch Resources (ARCH), which are also in the coal and energy sector, use similar equity-based compensation plans for their executives and directors.
• The vesting and conversion terms of RSUs can vary, but the general principle of aligning executive compensation with shareholder value is a common practice.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder sentiment.
• It aligns the director's interests with those of the shareholders, potentially leading to better decision-making.

Key Dates

Keywords

SunCoke Energy, Director, Ralph M. Della Ratta Jr., Restricted Share Units, RSUs, Form 4, SEC, Beneficial Ownership, SXC, Incentive Plan