[Form 4] Ramaco Resources, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Yorktown IX Associates LLC, a 10% owner of Ramaco Resources, Inc., reported three open-market sales of Class B common stock. On 2026-03-24, 2026-03-25, and 2026-03-26, an affiliated fund sold 3,020, 3,823 and 2,364 shares, respectively, at weighted-average prices of $11.5756, $11.2376 and $10.7833 per share. After these transactions, the affiliated Yorktown entity held 1,226,642 Class B shares indirectly. The prices on each day reflect multiple trades within disclosed intraday ranges.

Insights

Insider activity analyst

Yorktown-linked fund made small open-market sales while retaining a large stake.

An entity associated with Yorktown IX Associates LLC sold a net 9,207 Ramaco Class B shares across three days via open-market trades. All trades used weighted-average prices based on multiple executions within stated intraday ranges.

Post-transaction holdings of 1,226,642 Class B shares indicate these sales reduce the position only marginally. With no derivative exercises and no 10b5-1 detail in the excerpt, this appears as routine portfolio trimming rather than a transformational change in ownership exposure.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Yorktown IX Associates LLC

(Last) (First) (Middle)

410 PARK AVENUE

20TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

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

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

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

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
Class B Common Stock, par value $0.01 per share	03/24/2026		S		3,020	D	$11.5756(1)	1,232,829(4)	I	See Footnote(5)
Class B Common Stock, par value $0.01 per share	03/25/2026		S		3,823	D	$11.2376(2)	1,229,006	I	See Footnote(5)
Class B Common Stock, par value $0.01 per share	03/26/2026		S		2,364	D	$10.7833(3)	1,226,642	I	See Footnote(5)

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

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.20 to $11.91, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3),and (4).

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.92, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $11.325, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

4. Reflects 220,074 shares of common stock received by the reporting person as payment-in-kind dividends on Series A Preferred Stock and Series B Preferred Stock exempt from reporting under Rule 16a-9(a).

5. These securities are owned directly by Yorktown Energy Partners IX L.P. ("Yorktown IX"). The reporting person is the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

	Yorktown IX Associates LLC /s/ Bryan H Lawrence, Managing Member	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Yorktown IX report for Ramaco Resources (METC)?

Yorktown IX Associates LLC reported three open-market sales of Ramaco Resources Class B common stock, totaling 9,207 shares over March 24–26, 2026. These trades were executed at weighted-average prices between $10.7833 and $11.5756 per share across multiple transactions each day.

How many Ramaco Resources shares does the Yorktown-related entity hold after these Form 4 sales?

After the reported transactions, the Yorktown-related entity held 1,226,642 shares of Ramaco Resources Class B common stock indirectly. This figure reflects the remaining position following the three open-market sales totaling 9,207 shares disclosed in the Form 4 filing data.

Over what dates did Yorktown-related entities sell Ramaco Resources (METC) shares?

The sales occurred on March 24, 2026, March 25, 2026, and March 26, 2026. Each day’s activity involved multiple trades aggregated into a weighted-average price, as noted in the transaction details and accompanying footnotes to the Form 4 disclosure.

What prices were received in the Yorktown sales of Ramaco Resources Class B stock?

Weighted-average sale prices were $11.5756 on March 24, $11.2376 on March 25, and $10.7833 on March 26. Footnotes explain these averages reflect numerous trades within intraday ranges, with underlying executions spanning various prices on each trading day.

Who actually owns the Ramaco Resources shares mentioned in Yorktown IX’s Form 4?

The securities are owned directly by Yorktown Energy Partners IX L.P., according to the footnotes. Yorktown IX Associates LLC is the general partner of Yorktown IX Company LP, which in turn is the general partner of Yorktown Energy Partners IX L.P., creating an indirect ownership structure.

Did the Yorktown Form 4 for Ramaco Resources involve any derivative securities?

No derivative securities appear in the provided data. The Form 4 records only non-derivative transactions in Class B common stock, and the derivative summary section is empty, indicating no reported option exercises, conversions, or other derivative-related activities in this filing.