Form 4: SunCoke Energy Executive John F. Quanci Reports Stock Transactions

John F. Quanci, Chief Technology Officer of SunCoke Energy, reported the vesting and settlement of restricted stock units and the disposal of common stock on February 24, 2025.

Summary

• On February 24, 2025, John F. Quanci, Chief Technology Officer of SunCoke Energy, Inc. [SXC], reported transactions involving the company's stock.
• Quanci disposed of 6,461 shares of common stock at a price of $9.23 per share.
• These transactions involved the vesting and settlement in cash of previously granted restricted stock units (RSUs).
• Following the reported transactions, Quanci directly owns 19,922 shares of SunCoke Energy common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
• Companies like Peabody Energy (BTU) and Arch Resources (ARCH), which are also in the coal and energy sector, would have similar insider transaction reporting requirements.
• The vesting schedule of the RSUs (three equal installments on the anniversary of the grant date) is a fairly standard vesting arrangement.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and trading activity.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates