Director adds 25,000 Alpha Metallurgical (NYSE: AMR) shares in open-market buys

Rhea-AI Filing Summary

Alpha Metallurgical Resources director Kenneth S. Courtis reported open-market purchases of a total of 25,000 shares of common stock on March 9, 2026. The buys were executed in multiple trades at prices between 173.89 and 180.11 per share, based on weighted-average prices disclosed.

Following these transactions, Courtis directly owned 841,537 shares of Alpha Metallurgical Resources common stock. All reported transactions involved non-derivative common shares with a par value of $0.01 per share and were classified as open-market purchases.

Insights

Equity ownership analyst

Director made sizeable open-market share purchases, increasing direct ownership.

Director Kenneth S. Courtis executed several open-market purchases totaling 25,000 common shares of Alpha Metallurgical Resources on March 9, 2026. Transaction codes are P, indicating voluntary open-market or private purchases rather than option exercises or automatic grants.

Prices ranged from 173.89 to 180.11 per share, reported as weighted averages for multiple fills within each range. After these transactions, Courtis directly held 841,537 common shares, so the purchases modestly increased an already substantial position, suggesting continued exposure to the company’s equity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Courtis Kenneth S.

(Last) (First) (Middle)

340 MARTIN LUTHER KING JR. BLVD.

(Street)

BRISTOL TN 37620

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Alpha Metallurgical Resources, Inc. [ AMR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value per share	03/09/2026		P		2,507	A	$174.6(1)	819,044	D
Common Stock, $0.01 par value per share	03/09/2026		P		8,958	A	$175.49(2)	828,002	D
Common Stock, $0.01 par value per share	03/09/2026		P		9,242	A	$176.2(3)	837,244	D
Common Stock, $0.01 par value per share	03/09/2026		P		1,510	A	$177.67(4)	838,754	D
Common Stock, $0.01 par value per share	03/09/2026		P		592	A	$178.01(5)	839,346	D
Common Stock, $0.01 par value per share	03/09/2026		P		1,751	A	$179.61(6)	841,097	D
Common Stock, $0.01 par value per share	03/09/2026		P		440	A	$180.2	841,537	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $173.89 to $174.88.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $174.90 to $175.89.

3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $175.90 to $176.89.

4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $176.91 to $177.77.

5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $177.94 to $178.07.

6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $179.13 to $180.11.

	/s/ William Phillips, attorney-in-fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider activity did Alpha Metallurgical Resources (AMR) report on this Form 4?

The filing reports that director Kenneth S. Courtis bought a total of 25,000 common shares of Alpha Metallurgical Resources on March 9, 2026. All transactions were open-market purchases of non-derivative common stock at various prices disclosed in the form.

At what prices did Kenneth S. Courtis buy Alpha Metallurgical Resources (AMR) shares?

Courtis’ purchases were executed at weighted-average prices corresponding to trade ranges between 173.89 and 180.11 per share. The form notes that each reported price is a weighted average of multiple trades within narrower price bands on March 9, 2026.

How many Alpha Metallurgical Resources (AMR) shares does Kenneth S. Courtis own after these trades?

After completing the reported open-market purchases, director Kenneth S. Courtis directly owned 841,537 shares of Alpha Metallurgical Resources common stock. This figure is shown as the total shares beneficially owned following the last reported transaction on the Form 4.

Were the Alpha Metallurgical Resources (AMR) insider transactions open-market buys or something else?

All reported transactions are coded "P," meaning open-market purchases or private transactions. The filing classifies each as a non-derivative acquisition of common stock, rather than option exercises, grants, gifts, or tax-related withholdings, indicating discretionary buying activity by the director.

Did the Alpha Metallurgical Resources (AMR) director trade derivatives in this Form 4?

No derivative trades are listed in this Form 4. Every reported transaction involves non-derivative common stock with a par value of $0.01 per share, and the derivative position summary is empty, indicating no options or similar instruments were exercised or acquired in this filing.

How many separate purchase transactions did the Alpha Metallurgical Resources (AMR) director execute?

The summary shows seven purchase entries, all dated March 9, 2026. Together, these transactions total 25,000 common shares bought in multiple fills, with each line reflecting a weighted-average price across a specific intraday price range disclosed in the footnotes.