Warrior Met Coal (NYSE: HCC) officer plans multimillion-dollar stock sale
Rhea-AI Filing Summary
Warrior Met Coal, Inc. (HCC) received a notice that officer Walter J. Scheller plans a Rule 144 sale of 50,000 shares of common stock through Ameriprise Financial Services. The notice lists an aggregate market value of $5,250,000 and total shares outstanding of 52,802,087. The shares relate to stock awards granted in 2022 and 2023 and were sold pursuant to a 10b5-1 trading plan.
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Key Figures
Shares to be sold: 50,000 shares
Aggregate market value: $5,250,000.00
Shares outstanding: 52,802,087 shares
+4 more
7 metrics
Shares to be sold
50,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$5,250,000.00
Indicated value of the 50,000 shares to be sold
Shares outstanding
52,802,087 shares
Total Warrior Met Coal common shares outstanding listed in the notice
Stock award grant (Feb 17, 2022) 1
29,165 shares
Common stock from a stock award dated 02/17/2022
Stock award grant (Feb 17, 2022) 2
3,828 shares
Additional common stock from a stock award dated 02/17/2022
Stock award grant (Feb 8, 2023)
17,007 shares
Common stock from a stock award dated 02/08/2023
Proposed sale date
08/19/2026
Date associated with the planned sale of the 50,000 shares
Key Terms
Rule 144, 10b5-1 plan, stock award
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 plan regulatory
"Remarks | Shares were sold pursuant to a 10b5-1 plan"
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
stock award financial
"Common | 02/17/2022 | Stock Award | Issuer"
FAQ
What does the Form 144 notice involving HCC disclose?
The notice states that officer Walter J. Scheller plans a Rule 144 sale of 50,000 HCC common shares through Ameriprise Financial Services, with an indicated aggregate market value of $5,250,000, based on information about Warrior Met Coal’s outstanding shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.