Form 4: Warrior Met Coal Executive Charles Lussier Reports Stock Transactions
SEC Form 4
Charles Lussier, Chief Commercial Officer of Warrior Met Coal, Inc., reports the vesting and disposal of restricted stock units for tax purposes.
Summary
- On February 17, 2025, Charles Lussier, Chief Commercial Officer of Warrior Met Coal, Inc., had restricted stock units (RSUs) vest and convert into 1,561 shares of common stock.
- Lussier disposed of 693 shares of common stock at a price of $49.56 to cover tax obligations related to the vesting of the RSUs.
- Following these transactions, Lussier directly owns 71,885 shares of Warrior Met Coal, Inc.
- The RSUs were granted under the company's 2017 Equity Incentive Plan and vest in equal installments over three years from the grant date.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 17, 2022 | Date of grant for some of the RSUs, vesting in equal installments over three years. |
| February 8, 2023 | Date of grant for some of the RSUs, vesting in equal installments over three years. |
| February 8, 2024 | Date of grant for some of the RSUs, vesting in equal installments over three years. |
| February 10, 2025 | Date of grant for some of the RSUs, vesting in equal installments over three years. |
| February 17, 2025 | Date of the reported transactions: vesting of RSUs and disposal of shares for tax purposes. |
| February 19, 2025 | Date of the Form 4 filing. |
Keywords
Warrior Met Coal, Charles Lussier, Restricted Stock Units, RSUs, Stock Transactions, Beneficial Ownership, Form 4, Equity Incentive Plan, Vesting
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