Institutional Holders Report 7.8% & 5.5% in Warrior Met (HCC)

Rhea-AI Filing Summary

State Street Corporation and SSGA Funds Management, Inc. filed a Schedule 13G disclosing material passive ownership in Warrior Met Coal Inc. The filing shows State Street beneficially owns 4,099,070 shares (7.8% of the class) with shared voting power of 3,922,978 and shared dispositive power of 4,099,070. SSGA reports 2,903,814 shares (5.5% of the class) with shared voting power of 2,895,614 and shared dispositive power of 2,903,814.

The filing classifies SSGA and certain State Street affiliates as investment advisers and State Street Corporation as a holding company. The filers certify the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, indicating a passive disclosure of sizable institutional stakes.

Positive

• Material institutional ownership disclosed: State Street beneficially owns 4,099,070 shares (7.8%), SSGA owns 2,903,814 shares (5.5%)
• Holdings certified as passive: Filers state shares are held in the ordinary course of business and not to influence control

Negative

• None.

Insights

Financial Analyst

TL;DR: Large passive institutional stakes disclosed — notable ownership levels but no indication of activist intent.

State Street's 4,099,070-share position (7.8%) and SSGA's 2,903,814-share position (5.5%) are material disclosures that exceed the 5% reporting threshold. The filing is a Schedule 13G, and Item 10 certifies the holdings are passive and not intended to influence control, which typically signals portfolio or index-related ownership rather than an active campaign. For investors, the immediate implication is increased institutional ownership concentration, which can affect liquidity and voting outcomes on routine matters, but the filing does not present a corporate governance challenge or proposed strategic change.

Corporate Governance Expert

TL;DR: Passive institutional disclosure; ownership levels are material but the filer denies intent to influence control.

The Schedule 13G identifies State Street Corporation as a parent/holding entity and SSGA Funds Management as an investment adviser, with several State Street affiliates listed as adviser entities. The explicit shared voting and dispositive power figures (State Street: 3,922,978 votes; SSGA: 2,895,614 votes) are important for proxy vote modeling. Because the filing certifies ordinary-course, non-control holdings, this should be treated as informative about ownership concentration rather than an immediate governance threat. Monitoring future filings (e.g., a switch to Schedule 13D) would be warranted to detect any change in intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

WARRIOR MET COAL INC

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

93627C101

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 93627C101

1

Names of Reporting Persons

SSGA FUNDS MANAGEMENT, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MASSACHUSETTS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,895,614.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,903,814.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,903,814.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 93627C101

1

Names of Reporting Persons

STATE STREET CORPORATION

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MASSACHUSETTS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,922,978.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,099,070.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,099,070.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.8 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WARRIOR MET COAL INC
(b)	Address of issuer's principal executive offices: 16243 HIGHWAY 216 , BROOKWOOD, ALABAMA, 35444
Item 2.
(a)	Name of person filing: SSGA FUNDS MANAGEMENT, INC.;STATE STREET CORPORATION;
(b)	Address or principal business office or, if none, residence: ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES (FOR ALL REPORTING PERSONS)
(c)	Citizenship: MA
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 93627C101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4099070.00
(b)	Percent of class: 7.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 3,922,978
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 4,099,070
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. NOT APPLICABLE
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS ASIA LIMITED (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. NOT APPLICABLE
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. NOT APPLICABLE

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

SSGA FUNDS MANAGEMENT, INC.

Signature:	BRIAN HARRIS
Name/Title:	CHIEF COMPLIANCE OFFICER
Date:	08/08/2025

STATE STREET CORPORATION

Signature:	ELIZABETH SCHAEFER
Name/Title:	SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER
Date:	08/08/2025

FAQ

How many shares of Warrior Met Coal (HCC) does State Street report owning?

State Street reports beneficial ownership of 4,099,070 shares, representing 7.8% of the class.

What stake does SSGA report in Warrior Met Coal (HCC)?

SSGA Funds Management reports beneficial ownership of 2,903,814 shares, representing 5.5% of the class.

Do the filers intend to influence control of Warrior Met (HCC)?

No. The filing includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control.

What voting and dispositive powers are reported for State Street and SSGA?

State Street reports shared voting power of 3,922,978 and shared dispositive power of 4,099,070. SSGA reports shared voting power of 2,895,614 and shared dispositive power of 2,903,814.

How are the reporting entities classified in the filing?

SSGA is classified as an investment adviser (IA); State Street Corporation is identified as a holding company (HC) with related adviser subsidiaries listed.