Form 4: Warrior Met Coal Director Lisa M. Schnorr Reports Stock Transactions
SEC Form 4 Filing
Director Lisa M. Schnorr reports the vesting and settlement of restricted stock units into Warrior Met Coal, Inc. common stock.
Summary
- On May 25, 2024, Lisa M. Schnorr, a director of Warrior Met Coal, Inc., reported the vesting and settlement of 3,598 restricted stock units (RSUs) into common stock.
- This transaction resulted in Ms. Schnorr acquiring 3,598 shares of common stock and disposing of 3,598 RSUs.
- Following the transaction, Ms. Schnorr beneficially owns 5,907 shares of Warrior Met Coal, Inc. common stock.
- The RSUs were granted under the company's 2017 Equity Incentive Plan and vest according to specified schedules.
- Some RSUs vest in equal installments on the anniversaries of the grant date, while others vest in full on a specific anniversary.
- Settlement of certain RSUs is deferred until the director's termination of service, according to an irrevocable deferral election.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard vesting of equity compensation.
Key Dates
| Date | Description |
|---|---|
| August 1, 2022 | Date of grant for some restricted stock units that vest in equal installments on each of the first three anniversaries. |
| April 25, 2023 | Date of grant for restricted stock units that vested in full on the thirteen-month anniversary and will be settled upon termination of service. |
| April 25, 2024 | Date of grant for restricted stock units that vest in full on the first anniversary and will be settled upon termination of service. |
| May 25, 2024 | Date of transaction: vesting and settlement of restricted stock units. |
| May 30, 2024 | Date of signature on the Form 4 filing. |
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