Warrior Met Coal (NYSE: HCC) COO details equity award vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Warrior Met Coal chief operating officer Jack K. Richardson reported several equity compensation transactions. On February 9, 2026, he acquired 39,408 shares of common stock as performance-based awards tied to prior RSU grants, while 14,720 shares were withheld to cover taxes.
On February 10, 2026, 2,157 restricted stock units vested and converted into the same number of common shares, and 806 shares were withheld for tax obligations. After these transactions, Richardson directly owned 217,667 shares of common stock, with additional RSUs continuing to vest over three-year schedules under the 2017 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,157 shares exercised/converted
Mixed
7 txns
Insider
Richardson Jack K.
Role
CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,157 | $0.00 | -- |
| Exercise | Common Stock | 2,157 | $0.00 | -- |
| Tax Withholding | Common Stock | 806 | $90.31 | $73K |
| Grant/Award | Common Stock | 39,408 | $0.00 | -- |
| Tax Withholding | Common Stock | 14,720 | $94.00 | $1.38M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,315 shares (Direct);
Common Stock — 218,473 shares (Direct)
Footnotes (1)
- Represents the issuance of (i) 15,736 shares of common stock of the issuer earned pursuant to the performance-based restricted stock units ("RSUs") granted to the reporting person on February 8, 2023, (ii) 10,728 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 8, 2024, and (iii) 12,944 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 10, 2025, each based on the issuer's performance during the performance period from January 1, 2025 through December 31, 2025. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder. Represents the withholding of shares for tax purposes. Represents the vesting and settlement of time-based restricted stock units ("RSUs"), which convert into common stock on a one-for-one basis. The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 8, 2024, the date of grant. The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 10, 2025, the date of grant. The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 9, 2026, the date of grant.
FAQ
What equity transactions did HCC COO Jack K. Richardson report?
Richardson reported receiving 39,408 performance-based common shares and 2,157 shares from vesting RSUs, with 14,720 and 806 shares withheld for taxes. These actions reflect equity compensation events rather than open-market buying or selling.
What are the performance-based RSUs mentioned for HCC COO Jack K. Richardson?
The performance-based RSUs granted in 2023, 2024, and 2025 converted into 39,408 common shares based on company performance from January 1, 2025 through December 31, 2025. This conversion is described as exempt under Rule 16b-3(d).
How do Jack K. Richardson’s time-based RSUs at Warrior Met Coal vest?
Time-based RSUs granted under the 2017 Equity Incentive Plan vest in three equal annual installments. Grants dated February 8, 2024, February 10, 2025, and February 9, 2026 each vest on the first, second, and third anniversaries of their respective grant dates.
What does transaction code "M" mean in Jack K. Richardson’s Form 4 for HCC?
Transaction code "M" indicates the exercise or conversion of a derivative security. In Richardson’s case, 2,157 restricted stock units converted into an equal number of Warrior Met Coal common shares at no cash exercise price on February 10, 2026.