Form 4: Warrior Met Coal CFO Dale W. Boyles Reports Stock Transactions
SEC Form 4
Dale W. Boyles, CFO of Warrior Met Coal, Inc., reports the vesting and disposal of restricted stock units for tax purposes.
Summary
- On February 8, 2025, Dale W. Boyles, the Chief Financial Officer of Warrior Met Coal, Inc., engaged in transactions involving the company's common stock.
- These transactions included the vesting and settlement of restricted stock units (RSUs) which convert into common stock on a one-for-one basis.
- Boyles also disposed of shares to cover tax obligations related to the vesting of these RSUs.
- Specifically, 2,261 and 1,471 RSUs vested and were converted to common stock.
- A total of 1,119 and 649 shares were withheld to satisfy tax requirements at a price of $52.41 per share.
- Following these transactions, Boyles directly owns 144,578 shares of Warrior Met Coal, Inc.
- Additionally, on February 10, 2025, Boyles was granted 5,341 restricted stock units which vest in equal installments on each of the first three anniversaries of February 10, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, with no inherent positive or negative sentiment.
Future Outlook
The reporting person will continue to receive and vest RSUs according to the terms of the Warrior Met Coal, Inc. 2017 Equity Incentive Plan.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| February 17, 2022 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| February 8, 2023 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| February 8, 2024 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| February 08, 2025 | Date of RSU vesting and stock disposal for tax purposes. |
| February 10, 2025 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| February 11, 2025 | Date of signature for the Form 4 filing. |
Keywords
Warrior Met Coal, Dale W. Boyles, CFO, restricted stock units, RSUs, Form 4, insider trading, stock options, vesting, tax withholding
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