Form 4: Warrior Met Coal Executive Charles Lussier Reports Stock Transactions

Charles Lussier, Chief Commercial Officer of Warrior Met Coal, reports acquisition of shares through performance-based restricted stock units and subsequent disposal for tax purposes.

Summary

• On February 10, 2025, Charles Lussier, Chief Commercial Officer of Warrior Met Coal, acquired 21,978 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, Lussier disposed of 9,754 shares at a price of $53.39 per share to cover tax obligations.
• Following these transactions, Lussier directly owns 71,017 shares of Warrior Met Coal.
• The acquisition of shares through RSUs is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of shares reflects the executive's compensation structure tied to company performance.
• The vesting of RSUs indicates that the company met certain performance targets during the specified period.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Warrior Met Coal, Charles Lussier, Form 4, Stock Transaction, Restricted Stock Units, RSUs, Beneficial Ownership, Officer, HCC