Director at Warrior Met Coal (NYSE: HCC) receives 1,423 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Warrior Met Coal, Inc. director Alan H. Schumacher received a grant of 1,423 restricted stock units (RSUs). These RSUs were granted under the Warrior Met Coal, Inc. 2026 Equity Incentive Plan, with an exercise price of $0.00 per unit.
The new RSUs vest in full on the first anniversary of April 20, 2026, and will be settled in shares of common stock when Schumacher’s service as a director ends, under his irrevocable deferral election. A separate holding entry reflects 2,534 RSUs from an earlier grant under the 2017 Equity Incentive Plan, which vest on the first anniversary of April 23, 2025 and are also deferred until his board service terminates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SCHUMACHER ALAN H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,423 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,423 shares (Direct, null)
Footnotes (1)
- The restricted stock units were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in full on the first anniversary of April 23, 2025, the date of grant, and will be settled in shares of common stock upon the reporting person's termination of service as a director in accordance with the reporting person's irrevocable deferral election. The restricted stock units were granted to the reporting person under the Warrior Met Coal, Inc. 2026 Equity Incentive Plan, and vest in full on the first anniversary of April 20, 2026, the date of grant, and will be settled in shares of common stock upon the reporting person's termination of service as a director in accordance with the reporting person's irrevocable deferral election.
Key Figures
New RSU grant: 1,423 units
Grant exercise price: $0.00 per unit
Prior RSU holding: 2,534 units
+1 more
4 metrics
New RSU grant
1,423 units
Restricted stock units granted on April 20, 2026 under 2026 Equity Incentive Plan
Grant exercise price
$0.00 per unit
Exercise price for 1,423 restricted stock units
Prior RSU holding
2,534 units
Restricted stock units from 2017 Equity Incentive Plan as of this filing
Underlying common shares (prior RSUs)
2,534 shares
Common stock underlying restricted stock units in derivative summary
Key Terms
Restricted Stock Units, Equity Incentive Plan, irrevocable deferral election
3 terms
Restricted Stock Units financial
"The restricted stock units were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"granted to the reporting person under the Warrior Met Coal, Inc. 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
irrevocable deferral election financial
"settled in shares of common stock upon the reporting person's termination of service as a director in accordance with the reporting person's irrevocable deferral election"
FAQ
What did Warrior Met Coal (HCC) director Alan Schumacher report in this Form 4 filing?
Alan Schumacher reported a compensation-related award of 1,423 restricted stock units. The units were granted at an exercise price of $0.00 and represent deferred equity compensation rather than an open-market stock purchase or sale, aligning his interests with Warrior Met Coal shareholders over time.
How many restricted stock units did Alan Schumacher receive from Warrior Met Coal (HCC)?
He received 1,423 restricted stock units tied to Warrior Met Coal common stock. These units were granted under the company’s 2026 Equity Incentive Plan and vest in full on the first anniversary of April 20, 2026, subject to his continued service as a director on the company’s board.
Under which equity plans were Alan Schumacher’s Warrior Met Coal (HCC) RSUs granted?
Schumacher’s RSUs come from two Warrior Met Coal plans: the 2017 Equity Incentive Plan and the 2026 Equity Incentive Plan. The earlier 2017-plan grant covers 2,534 RSUs, while the new 2026-plan grant covers 1,423 RSUs, both linked to shares of Warrior Met Coal common stock.
When do Alan Schumacher’s Warrior Met Coal (HCC) restricted stock units vest?
The 2,534 RSUs from the 2017 Equity Incentive Plan vest on the first anniversary of April 23, 2025. The 1,423 RSUs from the 2026 Equity Incentive Plan vest on the first anniversary of April 20, 2026, provided Schumacher continues his board service through those vesting dates.
How and when will Alan Schumacher’s Warrior Met Coal (HCC) RSUs be settled?
Both RSU grants will be settled in shares of Warrior Met Coal common stock. Settlement occurs upon Schumacher’s termination of service as a director, in line with his irrevocable deferral election, meaning he defers receiving actual shares until he leaves the board.
Does this Warrior Met Coal (HCC) Form 4 show any open-market stock purchases or sales?
No, the Form 4 reflects restricted stock unit grants and holdings, not open-market trades. The transactions are compensation-related awards at a $0.00 exercise price, designed to provide deferred equity, rather than discretionary buying or selling of Warrior Met Coal shares in the market.