Form 4: SunCoke Energy Director Receives RSU Grant

Director Martha Z. Carnes was granted 21,652 restricted share units under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan.

Summary

• Director Martha Z. Carnes received a grant of 21,652 restricted share units (RSUs).
• The grant was issued under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan.
• The RSUs will be settled in shares of common stock upon the termination of the director's board service.
• The transaction was exempt under Rule 16b-3.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The RSUs are subject to settlement in common stock upon the conclusion of the director's board service.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder interests.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices for publicly traded companies in the energy sector.
• The 1-for-1 conversion rate is standard for equity incentive plans.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; represents standard director compensation.

Next Steps

• Settlement of RSUs into common stock upon termination of board service.

Key Dates

Keywords

SunCoke Energy, SXC, Form 4, Insider Trading, Restricted Share Units, Director Compensation