Form 4: Warrior Met Coal Director Receives Stock Units
SEC Form 4 Filing
Director J. Brett Harvey receives restricted stock units from Warrior Met Coal, Inc. under the 2017 Equity Incentive Plan.
Summary
- J. Brett Harvey, a director of Warrior Met Coal, Inc., was granted 3,041 restricted stock units on April 23, 2025.
- These units vest in full on the first anniversary of the grant date and will be settled in shares of common stock upon the director's termination of service, according to their irrevocable deferral election.
- The grant was made under the company's 2017 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock grants, indicating a neutral sentiment.
Industry Context
This is a standard disclosure related to executive compensation and is common practice for publicly traded companies.
Comparison to Industry Standards
- Granting restricted stock units to directors is a common practice among publicly traded companies to align their interests with those of shareholders.
- The vesting schedules and terms described are fairly standard compared to other companies such as Peabody Energy or Arch Resources.
Stakeholder Impact
- The granting of restricted stock units aligns the director's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| April 26, 2022 | Date of grant for 1,192 restricted stock units that vest in equal installments over three years. |
| April 25, 2024 | Date of grant for 2,156 restricted stock units that vest in full on the first anniversary. |
| April 23, 2025 | Date of transaction: Grant of 3,041 restricted stock units that vest in full on the first anniversary. |
| April 23, 2026 | Vesting date for 3,041 restricted stock units granted on April 23, 2025. |
| April 25, 2025 | Date of signature for the Form 4 filing. |
Keywords
Warrior Met Coal, Restricted Stock Units, Director Compensation, Equity Incentive Plan, Form 4, Beneficial Ownership
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