Form 4: Warrior Met Coal CEO Walter Scheller Jr. Reports Stock Transactions
SEC Form 4 Filing
Walter Scheller Jr., CEO of Warrior Met Coal, Inc., reports the vesting and settlement of restricted stock units and related tax withholding.
Summary
- On February 17, 2025, Warrior Met Coal CEO Walter Scheller Jr. reported transactions involving the company's stock.
- 6,880 restricted stock units (RSUs) vested and were converted into common stock.
- 3,052 shares were withheld for tax purposes at a price of $49.56 per share.
- Following these transactions, Scheller directly owns 413,149 shares of Warrior Met Coal common stock.
- The RSUs were granted under the company's 2017 Equity Incentive Plan and vest in equal installments over three years from the grant date.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard reporting of stock transactions related to executive compensation.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving equity compensation. It provides transparency into the executive's holdings and aligns their interests with shareholders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the CEO's compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| February 17, 2022 | Date of grant for 1/3 of the RSUs that vested on 02/17/2025 |
| February 8, 2023 | Date of grant for 1/3 of the RSUs that vested on 02/17/2025 |
| February 8, 2024 | Date of grant for 1/3 of the RSUs that vested on 02/17/2025 |
| February 10, 2025 | Date of grant for RSUs that vest in equal installments on each of the first three anniversaries of this date. |
| February 17, 2025 | Date of transaction: Vesting and settlement of restricted stock units and tax withholding. |
| February 19, 2025 | Date of signature on the Form 4 filing. |
Keywords
Warrior Met Coal, Scheller, Restricted Stock Units, RSUs, Common Stock, Vesting, SEC Form 4, Insider Trading, Equity Incentive Plan
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