Form 4: Warrior Met Coal COO Jack K. Richardson Reports Stock Award and Tax Withholding

Sentiment:

SEC Form 4 Filing


Chief Operating Officer of Warrior Met Coal, Jack K. Richardson, reports the acquisition of 42,509 shares of common stock through performance-based restricted stock units and the disposal of 17,845 shares for tax withholding.

Summary

  • On February 10, 2025, Jack K. Richardson, the Chief Operating Officer of Warrior Met Coal, Inc., acquired 42,509 shares of common stock.
  • These shares were earned through performance-based restricted stock units (RSUs) granted on February 17, 2022, February 8, 2023, and February 8, 2024.
  • The RSUs were based on the issuer's performance from January 1, 2024, through December 31, 2024.
  • Also on February 10, 2025, Richardson disposed of 17,845 shares of common stock at a price of $53.39 per share for tax withholding purposes.
  • Following these transactions, Richardson beneficially owns 185,432 shares of Warrior Met Coal, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares indicates the company met performance targets, while the tax withholding is a standard procedure.

Positives

  • The acquisition of shares through performance-based RSUs suggests that Warrior Met Coal met certain performance targets during the specified period.

Negatives

  • The disposal of shares for tax withholding, while a normal occurrence, reduces the executive's overall holdings.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects the alignment of executive incentives with company performance.

Stakeholder Impact

  • The stock acquisition could have a minor positive impact on shareholder confidence, as it demonstrates the executive's belief in the company's future performance.

Key Dates

DateDescription
February 17, 2022Date of grant for performance-based restricted stock units (RSUs).
February 8, 2023Date of grant for performance-based restricted stock units (RSUs).
February 8, 2024Date of grant for performance-based restricted stock units (RSUs).
January 1, 2024 December 31, 2024Performance period for the RSUs.
February 10, 2025Date of stock acquisition and disposal for tax purposes.
February 12, 2025Date of signature on the Form 4 filing.

Keywords

Warrior Met Coal, Jack K. Richardson, Chief Operating Officer, Form 4, Stock, RSU, Tax Withholding, Beneficial Ownership

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