Form 4: SunCoke Energy Executive Mark W. Marinko Reports Stock Transactions

Mark W. Marinko, SR VP and Chief Financial Officer of SunCoke Energy, Inc., reports the acquisition and disposal of common stock and derivative securities on March 7, 2024.

Summary

• On March 7, 2024, Mark W. Marinko, SR VP, Chief Financial Officer of SunCoke Energy, Inc. [SXC], reported transactions involving the company's common stock.
• Marinko exercised 8,791 Restricted Stock Units (RSUs) that were granted on March 7, 2022.
• Following the exercise of the RSUs, 8,791 shares of common stock were acquired.
• 17,600 shares were disposed of.
• 3,895 shares were withheld by SunCoke Energy to satisfy minimum statutory withholding requirements at a price of $10.95.
• Following these transactions, Marinko directly owns 13,705 shares of SunCoke Energy common stock.
• Marinko also directly owns 8,791 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
• The withholding of shares to cover taxes impacts the executive's net compensation.

Key Dates