Alpha Metallurgical (AMR) director gets 3,126 options with $188.52 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alpha Metallurgical Resources, Inc. director Michael Gorzynski received a grant of 3,126 non-statutory stock options on May 6, 2026 in connection with his board service. The options have an exercise price of $188.52 per share, are exercisable for 3,126 shares of common stock, and will vest in full on May 5, 2027, expiring on May 6, 2036.
The Form 4 also lists existing common stock holdings following these entries, including 5,713 shares held directly by Mr. Gorzynski, 4,486 shares held by his spouse, 1,691 shares held by MG Capital Management, Ltd., 787,097 shares held by Percy Rockdale LLC, and 644,025 shares held by Continental General Insurance Company. Footnotes explain that several entities associated with Mr. Gorzynski may be deemed part of a Section 13(d) group that collectively beneficially owns more than 10% of Alpha Metallurgical’s common stock, while each reporting person disclaims beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Gorzynski Michael, Percy Rockdale LLC, MG Capital Management Ltd., CONTINENTAL GENERAL INSURANCE CO, Continental Insurance Group, Ltd., Continental General Holdings LLC
Role
null | null | null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-statutory Stock Option (right to buy) | 3,126 | $111.02 | $347K |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Non-statutory Stock Option (right to buy) — 3,126 shares (Direct, null);
Common Stock, $0.01 par value per share — 644,025 shares (Indirect, By Continental General Insurance Company);
Common Stock, $0.01 par value per share — 5,713 shares (Direct, null)
Footnotes (1)
- This Form 4 is filed jointly by Percy Rockdale LLC ("Percy Rockdale"), MG Capital Management, Ltd. ("MG Capital Management"), Continental General Insurance Company ("CGIC"), Continental Insurance Group, Ltd. ("CIG"), Continental General Holdings LLC ("CGH") and Michael Gorzynski (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group that collective beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Represents securities directly held by CGIC. CIG serves as the parent operating company of CGIC. CGH serves as an investment holding company and the sole owner of CIG. Mr. Gorzynski serves as the Manager of CGH. By virtue of the foregoing relationships, each of CIG, CGH and Mr. Gorzynski may be deemed to beneficially own the securities reported herein as beneficially owned directly by CGIC. Represents securities directly held by Percy Rockdale. As the sole Manager of Percy Rockdale, Mr. Gorzynski may be deemed to beneficially own the securities reported herein as beneficially owned directly by Percy Rockdale. Represents securities directly held by MG Capital Management. As the sole Director of MG Capital Management, Mr. Gorzynski may be deemed to beneficially own the securities reported herein as beneficially owned directly by MG Capital Management. Represents securities directly held by Mr. Gorzynski's wife. Mr. Gorzynski disclaims beneficial ownership of the securities reported herein as beneficially owned directly by his wife except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Gorzynski is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Represents a stock option grant in connection with Mr. Gorzynski's service as a director. This grant will vest in full on May 5, 2027.
Key Figures
Option grant size: 3,126 options
Option exercise price: $188.52 per share
Underlying shares: 3,126 shares
+5 more
8 metrics
Option grant size
3,126 options
Non-statutory stock option grant to director on May 6, 2026
Option exercise price
$188.52 per share
Conversion or exercise price for 3,126 options
Underlying shares
3,126 shares
Common stock underlying the non-statutory stock options
Direct holdings
5,713 shares
Common stock held directly by Michael Gorzynski after reported entries
Spouse holdings
4,486 shares
Common stock held indirectly by spouse after reported entries
Percy Rockdale holdings
787,097 shares
Common stock held by Percy Rockdale LLC after reported entries
CGIC holdings
644,025 shares
Common stock held by Continental General Insurance Company after reported entries
Vesting and expiration
Vests May 5, 2027; expires May 6, 2036
Schedule for the 3,126 non-statutory stock options
Key Terms
Non-statutory Stock Option, Section 13(d) group, beneficial ownership, pecuniary interest, +1 more
5 terms
Non-statutory Stock Option financial
"Non-statutory Stock Option (right to buy)"
A non-statutory stock option is a company-granted right that lets a person buy shares later at a set price but does not receive special tax-favored treatment under tax law. It matters to investors because when the option is used the holder usually pays ordinary income tax on the gain and the company records compensation cost and issues new shares, which can reduce existing owners’ percentage ownership—think of it like a coupon to buy stock that creates a taxable event and some dilution.
Section 13(d) group regulatory
"may be deemed to be a member of a Section 13(d) group that collective beneficially owns"
beneficial ownership regulatory
"Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his or its pecuniary interest therein"
stock option grant financial
"Represents a stock option grant in connection with Mr. Gorzynski's service as a director."
FAQ
What did Alpha Metallurgical Resources (AMR) director Michael Gorzynski receive in this Form 4 filing?
Michael Gorzynski received a grant of 3,126 non-statutory stock options for Alpha Metallurgical common stock. These options were awarded in connection with his service as a director, giving him the right to buy 3,126 shares at a fixed exercise price once vested.
What are the key terms of the 3,126 stock options reported for AMR?
The filing shows 3,126 non-statutory stock options with an exercise price of $188.52 per share. They vest in full on May 5, 2027 and expire on May 6, 2036, providing a long exercise window once they become fully vested.
When will the newly granted AMR stock options to Michael Gorzynski vest?
According to the footnotes, the 3,126 stock options granted in connection with Gorzynski’s board service will vest in full on May 5, 2027. After that vesting date, he can choose to exercise them at the stated exercise price until expiration.