Ramaco Resources (METC) GC lists RSUs, PSUs and direct share stake
Rhea-AI Filing Summary
Ramaco Resources, Inc. (METC) reported initial equity holdings for Jonathan Tyler Adkins, its General Counsel, in a Form 3. His compensation package includes restricted stock units (RSUs) and performance stock units (PSUs) under the company’s 2017 Long-Term Incentive Plan, plus direct holdings of Class A and Class B common stock.
The RSUs relate to 2,665, 12,320 and 11,533 underlying Class A shares from grants made in 2024–2026, vesting in three annual installments beginning January 31, 2025, 2026 and 2027, respectively. The PSUs relate to 7,995, 18,479 and 11,533 underlying Class A shares, with performance periods ending 2026–2028 and vesting based on Compensation Committee certification of pre‑established targets, with achievement ranging from 0% to 200% of each grant. Adkins also directly holds 20,266 Class A and 3,962 Class B common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Adkins Jonathan Tyler
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F1, F7 | -- | -- | -- |
| holding | Restricted Stock Units F2, F7 | -- | -- | -- |
| holding | Restricted Stock Units F3, F7 | -- | -- | -- |
| holding | Performance Stock Units F4, F8 | -- | -- | -- |
| holding | Performance Stock Units F5, F8 | -- | -- | -- |
| holding | Performance Stock Units F6, F8 | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class B common stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 26,518 shares (Direct);
Performance Stock Units — 38,007 shares (Direct);
Class A common stock — 20,266 shares (Direct);
Class B common stock — 3,962 shares (Direct)
Footnotes (8)
- F1. On February 29, 2024, the Reporting Person received a restricted stock unit grant of 7,995 units under the Ramaco Resources, Inc. (the "Company") 2017 Long-Term Incentive Plan. The restricted stock units were to vest in three equal installments beginning on January 31, 2025. There are 2,665 units remaining to vest.
- F2. On February 24, 2025, the Reporting Person received a restricted stock unit grant of 18,479 units under the Company's 2017 Long-Term Incentive Plan. The restricted stock units were to vest in three equal installments beginning on January 31, 2026. There are 12,320 units remaining to vest.
- F3. On February 24, 2026, the Reporting Person received a restricted stock unit grant of 11,533 units under the Company's 2017 Long-Term Incentive Plan. The restricted stock units are to vest in three equal installments beginning on January 31, 2027.
- F4. On February 29, 2024, the Reporting Person received a performance stock unit grant of 7,995 units under the Company's 2017 Long-Term Incentive Plan. The performance period began on January 1, 2024 and will end on December 31, 2026. The performance stock units will vest based upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets. The achievement percentage can range from 0% to 200% of this grant.
- F5. On February 24, 2025, the Reporting Person received a performance stock unit grant of 18,479 units under the Company's 2017 Long-Term Incentive Plan. The performance period began on January 1, 2025 and will end on December 31, 2027. The performance stock units will vest based upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets. The achievement percentage can range from 0% to 200% of this grant.
- F6. On February 24, 2026, the Reporting Person received a performance stock unit grant of 11,533 units under the Company's 2017 Long-Term Incentive Plan. The performance period began on January 1, 2026 and will end on December 31, 2028. The performance stock units will vest based upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets. The achievement percentage can range from 0% to 200% of this grant.
- F7. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F8. Each performance stock unit represents a contingent right to receive one share of Class A common stock.
Key Figures
RSUs underlying shares (grant with remaining 2,665 units): 2,665 Class A common shares
RSUs underlying shares (February 24, 2025 grant): 12,320 Class A common shares
RSUs underlying shares (February 24, 2026 grant): 11,533 Class A common shares
+5 more
8 metrics
RSUs underlying shares (grant with remaining 2,665 units)
2,665 Class A common shares
Remaining to vest from February 29, 2024 RSU grant under 2017 Long-Term Incentive Plan
RSUs underlying shares (February 24, 2025 grant)
12,320 Class A common shares
Remaining to vest from February 24, 2025 RSU grant; vesting in three installments beginning January 31, 2026
RSUs underlying shares (February 24, 2026 grant)
11,533 Class A common shares
From February 24, 2026 RSU grant; to vest in three installments beginning January 31, 2027
PSUs underlying shares (February 29, 2024 grant)
7,995 Class A common shares
Performance period January 1, 2024 to December 31, 2026; achievement 0%–200% of grant
PSUs underlying shares (February 24, 2025 grant)
18,479 Class A common shares
Performance period January 1, 2025 to December 31, 2027; achievement 0%–200% of grant
PSUs underlying shares (February 24, 2026 grant)
11,533 Class A common shares
Performance period January 1, 2026 to December 31, 2028; achievement 0%–200% of grant
Direct Class A common stock holdings
20,266 shares
Directly owned by Jonathan Tyler Adkins as reported in Form 3
Direct Class B common stock holdings
3,962 shares
Directly owned by Jonathan Tyler Adkins as reported in Form 3
Key Terms
Restricted Stock Units, Performance Stock Units, 2017 Long-Term Incentive Plan, pre-established performance targets, +1 more
5 terms
Restricted Stock Units financial
"On February 29, 2024, the Reporting Person received a restricted stock unit grant"
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.
Performance Stock Units financial
"the Reporting Person received a performance stock unit grant of 7,995 units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
2017 Long-Term Incentive Plan financial
"under the Ramaco Resources, Inc. (the "Company") 2017 Long-Term Incentive Plan"
pre-established performance targets financial
"percentage of achievement based on pre-established performance targets"
achievement percentage financial
"The achievement percentage can range from 0% to 200% of this grant"
FAQ
Who is the reporting person in Ramaco Resources, Inc. (METC)’s Form 3?
The reporting person is Jonathan Tyler Adkins, who serves as General Counsel of Ramaco Resources, Inc., and this Form 3 reports his initial beneficial ownership of the company’s equity awards and common stock.
What restricted stock units does METC’s General Counsel hold?
Jonathan Tyler Adkins holds RSUs tied to 2,665, 12,320 and 11,533 underlying shares of Class A common stock. These RSUs vest in three equal annual installments beginning on January 31, 2025, January 31, 2026 and January 31, 2027, respectively.
What performance stock units are reported for METC’s General Counsel?
He holds PSUs relating to 7,995, 18,479 and 11,533 underlying Class A shares. Performance periods run 2024–2026, 2025–2027 and 2026–2028, and vesting depends on Compensation Committee certification, with achievement from 0% to 200% of each grant.
What plan governs the equity awards reported for METC’s General Counsel?
The reported RSUs and PSUs were granted under Ramaco Resources, Inc.’s 2017 Long-Term Incentive Plan, which provides for restricted stock unit and performance stock unit awards tied to the company’s Class A common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
