Ramaco Resources (METC) EVP receives restricted and performance stock unit grants

Rhea-AI Filing Summary

Marcum John Cecil reported acquisition or exercise transactions in this Form 4 filing.

Ramaco Resources EVP for Production John Cecil Marcum reported equity awards consisting of 23,065 restricted stock units and 23,065 performance stock units, each representing a right to receive one share of Class A common stock. The restricted stock units vest in three equal annual installments beginning on January 31, 2027. The performance stock units cover a performance period from January 1, 2026 to December 31, 2028 and will vest based on Compensation Committee certification of performance, with achievement ranging from 0% to 200% of the original grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Marcum John Cecil

(Last) (First) (Middle)

250 W. MAIN STREET, SUITE 1900

C/O: RAMACO RESOURCES, INC.

(Street)

LEXINGTON KY 40507

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ramaco Resources, Inc. [ METC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP for Production

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)(2)	02/24/2026		A		23,065		(1)	(1)	Class A common stock	23,065	$0	23,065	D
Performance Stock Units	$0(3)(4)	02/24/2026		A		23,065		(3)	(3)	Class A common stock	23,065	$0	23,065	D

Explanation of Responses:

1. On February 24, 2026, the Reporting Person received a restricted stock unit grant of 23,065 units under the Ramaco Resources, Inc. (the "Company") 2017 Long-Term Incentive Plan. The restricted stock units will vest in three equal annual installments beginning on January 31, 2027.

2. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.

3. On February 24, 2026, the Reporting Person received a performance stock unit grant of 23,065 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.

4. Each performance stock unit represents a contingent right to receive one share of Class A common stock.

Remarks:

	/s/ Jonathan T Adkins, Attorney in Fact	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Ramaco Resources (METC) report for John Cecil Marcum?

Ramaco Resources reported that EVP for Production John Cecil Marcum received grants of 23,065 restricted stock units and 23,065 performance stock units. Both awards were made under the company’s 2017 Long-Term Incentive Plan and represent contingent rights to receive Class A common shares.

How many restricted stock units did METC grant to John Cecil Marcum and when do they vest?

John Cecil Marcum received a grant of 23,065 restricted stock units from Ramaco Resources. These units vest in three equal annual installments, beginning on January 31, 2027, providing a multi‑year incentive tied to his continued service with the company.

What are the terms of the performance stock units granted by Ramaco Resources (METC)?

Ramaco Resources granted John Cecil Marcum 23,065 performance stock units with a performance period from January 1, 2026 to December 31, 2028. Vesting depends on Compensation Committee certification of pre‑established performance targets, with achievement between 0% and 200% of the original grant amount.

What does each restricted or performance stock unit represent for METC’s executive award?

Each restricted stock unit and each performance stock unit granted to John Cecil Marcum represents a contingent right to receive one share of Ramaco Resources’ Class A common stock. Actual shares are delivered only upon vesting, subject to the specific time‑based or performance conditions described.

Under which plan were the METC equity awards to John Cecil Marcum granted?

Both the restricted stock units and performance stock units granted to John Cecil Marcum were issued under Ramaco Resources’ 2017 Long-Term Incentive Plan. This plan is designed to provide equity-based compensation, aligning executive incentives with long-term company performance and shareholder interests.