Alpha Metallurgical (NYSE: AMR) director updates stake, receives options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alpha Metallurgical Resources director Kenneth S. Courtis reported updated holdings and a new stock option grant. He now directly holds 960,394 shares of Common Stock, a total that includes an additional 85,857 shares previously omitted from earlier filings due to an administrative error.
He also received a grant of stock options covering 2,162 shares of Common Stock at an exercise price of $188.52 per share. These options become exercisable on a one-to-one basis for an equal number of Common Stock shares on May 5, 2027 and expire on May 6, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Courtis Kenneth S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 2,162 | $111.02 | $240K |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 2,162 shares (Direct, null);
Common Stock, $0.01 par value per share — 960,394 shares (Direct, null)
Footnotes (1)
- This total reflects an additional 85,857 shares of Common Stock inadvertently omitted from Mr. Courtis's prior filings due to an administrative error. These stock options will become exercisable on a one-to-one basis for an equal number of shares of Common Stock on May 5, 2027.
Key Figures
Direct Common Stock holdings: 960,394 shares
Previously omitted shares: 85,857 shares
Option grant size: 2,162 options
+3 more
6 metrics
Direct Common Stock holdings
960,394 shares
Shares directly owned after update
Previously omitted shares
85,857 shares
Additional shares added due to administrative error
Option grant size
2,162 options
Stock options covering 2,162 Common Stock shares
Option exercise price
$188.52 per share
Exercise price for new stock options
Option vesting date
May 5, 2027
Date options become exercisable one-to-one for Common Stock
Option expiration date
May 6, 2036
Expiration of stock options if not exercised
Key Terms
Stock Option (right to buy), exercise price, administrative error, grant, award, or other acquisition
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "188.5200""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
administrative error financial
"inadvertently omitted from Mr. Courtis's prior filings due to an administrative error"
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did AMR director Kenneth S. Courtis report in this Form 4 filing?
Kenneth S. Courtis reported his updated shareholdings and a new stock option grant. He directly holds 960,394 Alpha Metallurgical Resources shares and was awarded options on 2,162 shares, adding to his equity-based compensation position with the company.
What are the key terms of the new AMR stock option grant to Kenneth S. Courtis?
Courtis received stock options for 2,162 shares of AMR Common Stock at a $188.52 exercise price. The options become exercisable on May 5, 2027, on a one-to-one basis for Common Stock, and will expire on May 6, 2036 if not exercised.
What was the administrative error mentioned in the AMR Form 4 footnote?
A footnote explains that 85,857 AMR Common Stock shares were inadvertently omitted from Mr. Courtis’s prior filings. The current reported total of 960,394 directly owned shares now includes these previously unreported shares, correcting the administrative error going forward.