Form 4: Warrior Met Coal Executive Charles Lussier Reports Stock Transactions
SEC Form 4
Charles Lussier, Chief Commercial Officer of Warrior Met Coal, reports the vesting and disposal of restricted stock units (RSUs) and common stock transactions.
Summary
- On February 8, 2025, Charles Lussier, Chief Commercial Officer of Warrior Met Coal, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- Lussier acquired 1,351 shares of common stock through the vesting of RSUs and another 934 shares through the vesting of additional RSUs.
- Simultaneously, Lussier disposed of 671 shares and 464 shares of common stock to cover tax obligations at a price of $52.41 per share.
- Following these transactions, Lussier directly owns 58,793 shares of common stock.
- He also holds 1,352 RSUs from a 2023 grant, 1,869 RSUs from a 2024 grant and 3,450 RSUs from a 2025 grant.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small portion of the company's outstanding shares.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/17/2022 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| 02/08/2023 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| 02/08/2024 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| 02/08/2025 | Date of the reported transactions: vesting of RSUs and disposal of shares for tax purposes. |
| 02/10/2025 | Date of grant for some of the RSUs, vesting in equal installments on each of the first three anniversaries. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
Keywords
Warrior Met Coal, Charles Lussier, Form 4, Restricted Stock Units, RSUs, Common Stock, Beneficial Ownership, Insider Trading
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