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Ramaco Resources director Joe Manchin resigns

Former U.S. Senator Joe Manchin resigns from Ramaco Resources’ board and committees, with the company indicating no underlying disagreement and emphasizing his continued support.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Ramaco Resources, Inc. (METC) reported that on September 4, 2026, former U.S. Senator Joseph Manchin III resigned from its Board of Directors and from all Board committees, effective the same day. He had served on the Environmental, Health, and Safety Committee, the Government Relations Committee, and as Chair of the Technology Committee.

The company stated that Senator Manchin’s resignation was not due to any disagreement regarding operations, policies, or practices. A press release dated September 10, 2026, details that he is stepping down to focus on his independent leadership council movement and that he remains a supporter and friend of Ramaco.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Board resignation effective date September 4, 2026 Effective date of Senator Manchin’s resignation from the Board and committees
Press release date September 10, 2026 Date of the company’s press release announcing the resignation
8.375% Senior Notes due 2029 coupon 8.375% Coupon rate of Ramaco Resources’ Senior Notes due 2029 listed on Nasdaq Global Select Market
8.250% Senior Notes due 2030 coupon 8.250% Coupon rate of Ramaco Resources’ Senior Notes due 2030 listed on Nasdaq Global Select Market
Number of active mining complexes 4 Active metallurgical coal mining complexes in Central Appalachia
Regulation FD regulatory
"Item 7.01. Regulation FD Disclosure."
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
metallurgical coal technical
"operator and developer of high-quality, low-cost metallurgical coal in southern"
Metallurgical coal is a type of coal used primarily to make coke, a porous, carbon-rich material that helps melt iron ore and remove impurities during steel production. Investors watch metallurgical coal because its price and availability track global steel demand and construction activity; think of it as the charcoal that fuels the steel 'barbecue'—shortages or large price swings can squeeze steelmakers' profits and ripple through industries tied to infrastructure and manufacturing.
exploration stage property financial
"The Brook Mine remains an exploration stage property, and no assurance"
Senior Notes financial
"8.375% Senior Notes due 2029 | | METCZ | | Nasdaq Global Select Market"
Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.

FAQ

What board change did Ramaco Resources (METC) announce on September 4, 2026?

Ramaco Resources announced that former U.S. Senator Joseph Manchin III resigned from its Board of Directors and all Board committees on September 4, 2026, with the resignation effective the same day.

Did Joe Manchin resign from Ramaco Resources’ board over a disagreement?

No. Ramaco Resources stated that Senator Manchin’s resignation was not due to any disagreement with the company on matters related to its operations, policies, or practices.

Which committees did Joe Manchin serve on at Ramaco Resources (METC)?

Senator Manchin served on the Environmental, Health, and Safety Committee, the Government Relations Committee, and was Chair of the Technology Committee at the time of his resignation.

Why is Joe Manchin stepping down from the Ramaco Resources board?

According to the press release, Senator Manchin is stepping down to devote more time and attention to his independent leadership council movement with his daughter Heather, while remaining a strong supporter of Ramaco Resources.

When did Ramaco Resources (METC) issue the press release about Joe Manchin’s resignation?

Ramaco Resources issued a press release on September 10, 2026 announcing Senator Manchin’s resignation from the Board of Directors and expressing appreciation for his service.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 4, 2026

 

Ramaco Resources, Inc.

(Exact name of Registrant as specified in its charter)

 

Delaware   001-38003   38-4018838
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

250 West Main Street, Suite 1900

Lexington, Kentucky 40507

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (859) 244-7455

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A common stock, $0.01 par value   METC   Nasdaq Global Select Market
Class B common stock, $0.01 par value   METCB   Nasdaq Global Select Market
8.375% Senior Notes due 2029   METCZ   Nasdaq Global Select Market
8.250% Senior Notes due 2030   METCI   Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(b)

 

On September 4, 2026, former US Senator Joseph Manchin III notified Ramaco Resources, Inc. (the “Company”) of his decision to resign from the Board of Directors of the Company (the “Board”) and from his positions on all committees of the Board, with his resignation effective that same day. Senator Manchin was a member of the Environmental, Health, and Safety Committee, the Government Relations Committee, and Chair of the Technology Committee at the time of his resignation. Senator Manchin’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

 

Item 7.01. Regulation FD Disclosure.

 

On September 10, 2026, the Company issued a press release (the “Press Release”) announcing Senator Manchin’s resignation from the Board. A copy of the Press Release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

The information set forth in this Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release issued by Ramaco Resources, Inc. dated September 10, 2026
104   Cover Page Interactive Data File (formatted as Inline XBRL)

 

1

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Ramaco Resources, Inc.
   
  By:  /s/ Randall W. Atkins
    Name:  Randall W. Atkins
    Title: Chairman and Chief Executive Officer

 

Date: September 10, 2026

 

2

 

Exhibit 99.1

 

 

Former U.S. Senator Joe Manchin to Step Down

from Ramaco Resources Board of Directors - Company expresses deep appreciation for his dedicated service, counsel and continued support

 

LEXINGTON, Ky., Sept. 10, 2026 /PRNewswire/ - Ramaco Resources, Inc. (NASDAQ: METC, METCB) (“Ramaco” or the “Company”) today announced that former U.S. Senator Joe Manchin will step down from the Company’s Board of Directors to devote more of his time and attention towards his independent leadership council movement with his daughter Heather. Ramaco said it fully understands and respects Senator Manchin’s decision.

 

The Company expressed its gratitude for the perspective, judgment and public-service experience he brought to the Board, as well as for his steadfast support of Ramaco, its employees and its mission.

 

“We are deeply appreciative of Senator Manchin’s dedicated service and the valuable input he brought to our Board,” said Randall W. Atkins, Ramaco’s Chairman and Chief Executive Officer. “Senator Manchin’s insight, experience and commitment to American energy, industry and economic security added tremendous value to our work. We have great respect for his decision and we fully understand the time commitment that mission requires. Senator Manchin remains a valued friend of Ramaco, and we wish him every success as he continues serving the country in this important effort.”

 

“I have truly enjoyed my time with Ramaco and have tremendous respect for the people who make this company what it is. From my fellow board members and associates to the entire staff, I have been grateful to be part of such an impressive organization and such a close-knit family,” said Senator Manchin. “While I am stepping away from the Board, I remain a strong supporter of Ramaco and will do everything I can to help the company continue to succeed. I am deeply appreciative of the friendships I have made and the opportunity to have been part of the Ramaco family.”

 

Ramaco looks forward to maintaining its strong relationship with Senator Manchin and appreciates his commitment to remain a supporter of the Company.

 

About Ramaco Resources

 

Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and exploring a coal, rare earth and other critical minerals project in Wyoming. The Company’s executive offices are located in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth element and other critical mineral exploration stage property near Sheridan, Wyoming (the “Brook Mine”). The Brook Mine remains an exploration stage property, and no assurance can be given that it will be successfully developed into a commercial scale mine or that any inferred mineral resources estimated will be converted into higher confidence mineral resources or eventually mineral reserves. Contiguous to the Brook Mine, the Company operates a carbon research facility related to the potential production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of more than 70 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks. News and additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, are available at https://www.ramacoresources.com.

 

Point of Contact

 

George Cpin

VP, Finance & Investor Relations

info@ramacometc.com or 859-244-7455

Filing Exhibits & Attachments

5 documents

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