Form 4: Warrior Met Coal Executive Jack K. Richardson Reports Stock Transactions
SEC Form 4 Filing
Chief Operating Officer Jack K. Richardson reports transactions involving Warrior Met Coal stock, including vesting of restricted stock units and withholding of shares for tax purposes.
Summary
- On February 8, 2025, Warrior Met Coal's Chief Operating Officer, Jack K. Richardson, engaged in transactions involving the company's stock.
- These transactions included the vesting and settlement of 2,623 and 1,788 restricted stock units (RSUs), which convert into common stock on a one-for-one basis.
- Additionally, 1,086 and 668 shares were withheld for tax purposes at a price of $52.41 per share.
- Following these transactions, Richardson directly owns 160,768 shares of Warrior Met Coal common stock.
- Richardson also acquired 6,472 restricted stock units on February 10, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect the company's overall performance or future prospects but offers insight into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
- Shareholders may be interested in the executive's holdings and trading activity as an indicator of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/17/2022 | Date of grant for 3,030 RSUs vesting in equal installments over three years. |
| 02/08/2023 | Date of grant for 2,623 RSUs vesting in equal installments over three years. |
| 02/08/2024 | Date of grant for 1,788 RSUs vesting in equal installments over three years. |
| 02/08/2025 | Vesting and settlement of 2,623 and 1,788 RSUs; withholding of 1,086 and 668 shares for tax purposes. |
| 02/10/2025 | Grant of 6,472 RSUs vesting in equal installments over three years. |
| 02/11/2025 | Date of signature for the Form 4 filing. |
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