Were the Ramaco Resources (METC) insider sales option exercises or tax-related transactions?

No. All transactions in the excerpt are coded as S, meaning open-market or private sales of common stock. The transaction summary shows no option exercises, tax-withholding events, gifts, or derivative transactions, indicating straightforward sales rather than compensation-driven or restructuring activity.

Yorktown funds trim Ramaco Resources (METC) stake with 1.82M-share sale

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Ramaco Resources, Inc. director-linked funds reported sizable open-market sales of Class A common stock. Investment funds Yorktown Energy Partners IX, X and XI, entities associated with director Peter A. Leidel, sold a combined 1,820,115 shares between March 5 and March 26 at weighted-average prices generally between $13.48 and $15.18 per share. After these transactions, the funds still report multi-million-share indirect holdings in Ramaco Resources, while Leidel also shows a separate direct holding of 85,474 shares as of March 5.

Insights

Director-affiliated funds executed net open-market sales but retained large positions.

Entities associated with Peter A. Leidel, a director of Ramaco Resources, Inc., reported net open-market sales of 1,820,115 Class A shares. All sales used code S, indicating discretionary transactions rather than option exercises or tax withholding, and prices were disclosed as weighted averages across intraday ranges.

The filing shows these are holdings of Yorktown Energy Partners IX, X and XI, with Leidel in manager roles at their general partners and expressly disclaiming full beneficial ownership beyond any pecuniary interest. The funds continue to report multi-million-share stakes after the trades, and no derivative positions remain in this filing.

Given the continuing large indirect holdings and the absence of additional context such as company guidance or concurrent corporate events in this excerpt, these transactions appear as portfolio-level selling activity by affiliated funds rather than a clearly thesis-changing signal on their own.

Insider Trade Summary

Net Seller: 1,820,115 shares ($25,413,788)

Net Sell 28 txns

Insider LEIDEL PETER A

Role null

Sold 1,820,115 shs ($25.41M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock, par value $0.01 per share	65,989	$13.6721	$902K
Sale	Class A Common Stock, par value $0.01 per share	53,328	$13.6721	$729K
Sale	Class A Common Stock, par value $0.01 per share	80,683	$13.6721	$1.10M
Sale	Class A Common Stock, par value $0.01 per share	65,989	$14.0605	$928K
Sale	Class A Common Stock, par value $0.01 per share	53,328	$14.0605	$750K
Sale	Class A Common Stock, par value $0.01 per share	80,683	$14.0605	$1.13M
Sale	Class A Common Stock, par value $0.01 per share	65,989	$14.0004	$924K
Sale	Class A Common Stock, par value $0.01 per share	53,328	$14.0004	$747K
Sale	Class A Common Stock, par value $0.01 per share	80,683	$14.0004	$1.13M
Sale	Class A Common Stock, par value $0.01 per share	65,989	$13.5327	$893K
Sale	Class A Common Stock, par value $0.01 per share	53,328	$13.5327	$722K
Sale	Class A Common Stock, par value $0.01 per share	80,683	$13.5327	$1.09M
Sale	Class A Common Stock, par value $0.01 per share	65,989	$13.4811	$890K
Sale	Class A Common Stock, par value $0.01 per share	53,328	$13.4811	$719K
Sale	Class A Common Stock, par value $0.01 per share	80,683	$13.4811	$1.09M
Sale	Class A Common Stock, par value $0.01 per share	131,977	$14.4059	$1.90M
Sale	Class A Common Stock, par value $0.01 per share	106,657	$14.4059	$1.54M
Sale	Class A Common Stock, par value $0.01 per share	161,366	$14.4059	$2.32M
Sale	Class A Common Stock, par value $0.01 per share	65,989	$13.7665	$908K
Sale	Class A Common Stock, par value $0.01 per share	53,328	$13.7665	$734K
Sale	Class A Common Stock, par value $0.01 per share	80,683	$13.7665	$1.11M
Sale	Class A Common Stock, par value $0.01 per share	65,989	$14.2172	$938K
Sale	Class A Common Stock, par value $0.01 per share	53,328	$14.2172	$758K
Sale	Class A Common Stock, par value $0.01 per share	80,683	$14.2172	$1.15M
Sale	Class A Common Stock, par value $0.01 per share	6,637	$15.1791	$101K
Sale	Class A Common Stock, par value $0.01 per share	5,363	$15.1791	$81K
Sale	Class A Common Stock, par value $0.01 per share	8,115	$15.1791	$123K
holding	Class A Common Stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Class A Common Stock, par value $0.01 per share — 2,496,597 shares (Indirect, See Footnote); Class A Common Stock, par value $0.01 per share — 85,474 shares (Direct, null)

Footnotes (1)

The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.60, 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), (4), (5), (6), (7), (8), (9), (10) and (11). The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.905 to $14.4225, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.585 to $14.10, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7075 to $15.077, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.10 to $14.0977, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.20 to $13.85, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.31 to $14.5711, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.80 to $14.35, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.335 to $14.04, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the General Partner of Yorktown IX. These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the General Partner of Yorktown X. These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the General Partner of Yorktown XI.

Key Figures

Net shares sold: 1,820,115 shares Sample sale price: $13.4811 per share Sample sale price: $15.1791 per share +4 more

7 metrics

Net shares sold 1,820,115 shares Net open-market sales across all reported transactions

Sample sale price $13.4811 per share Weighted-average price for March 20 sale entry

Sample sale price $15.1791 per share Weighted-average price for March 5 sale entry

Indirect holding example 3,778,682 shares Total shares following one March 5 indirect transaction

Direct holding 85,474 shares Direct ownership entry as of March 5

Price range example $15.00–$15.60 Footnote F2 intraday range for certain sales

Price range example $13.335–$14.04 Footnote F10 intraday range for certain sales

Key Terms

open-market sale, weighted average price, beneficial ownership, pecuniary interest, +2 more

6 terms

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

beneficial ownership financial

"The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of its pecuniary interest therein"

Section 16 regulatory

"beneficial owner of the securities for Section 16 or any other purpose"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

general partner financial

"the general partner of Yorktown IX Company LP, the General Partner of Yorktown IX"

A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.

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Form 4 Insider Transactions: What Each Field Means →

06/10/2026 - 08:55 PM

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^*

LEIDEL PETER A

(Last)

(First)

(Middle)

410 PARK AVENUE

20TH FLOOR

(Street)

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, par value $0.01 per share	03/05/2026		S		6,637⁽¹⁾	D	$15.1791⁽²⁾	3,090,497⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/05/2026		S		5,363⁽¹⁾	D	$15.1791⁽²⁾	2,497,567⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/05/2026		S		8,115⁽¹⁾	D	$15.1791⁽²⁾	3,778,682⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/17/2026		S		65,989⁽¹⁾	D	$14.2172⁽³⁾	3,024,508⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/17/2026		S		53,328⁽¹⁾	D	$14.2172⁽³⁾	2,444,239⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/17/2026		S		80,683⁽¹⁾	D	$14.2172⁽³⁾	3,697,999⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/18/2026		S		65,989⁽¹⁾	D	$13.7665⁽⁴⁾	2,958,519⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/18/2026		S		53,328⁽¹⁾	D	$13.7665⁽⁴⁾	2,390,911⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/18/2026		S		80,683⁽¹⁾	D	$13.7665⁽⁴⁾	3,617,316⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/19/2026		S		131,977⁽¹⁾	D	$14.4059⁽⁵⁾	2,826,542⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/19/2026		S		106,657⁽¹⁾	D	$14.4059⁽⁵⁾	2,284,254⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/19/2026		S		161,366⁽¹⁾	D	$14.4059⁽⁵⁾	3,455,950⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/20/2026		S		65,989⁽¹⁾	D	$13.4811⁽⁶⁾	2,760,553⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/20/2026		S		53,328⁽¹⁾	D	$13.4811⁽⁶⁾	2,230,926⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/20/2026		S		80,683⁽¹⁾	D	$13.4811⁽⁶⁾	3,375,267⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/23/2026		S		65,989⁽¹⁾	D	$13.5327⁽⁷⁾	2,694,564⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/23/2026		S		53,328⁽¹⁾	D	$13.5327⁽⁷⁾	2,177,598⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/23/2026		S		80,683⁽¹⁾	D	$13.5327⁽⁷⁾	324,584⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/24/2026		S		65,989⁽¹⁾	D	$14.0004⁽⁸⁾	2,628,575⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/24/2026		S		53,328⁽¹⁾	D	$14.0004⁽⁸⁾	2,124,270⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/24/2026		S		80,683⁽¹⁾	D	$14.0004⁽⁸⁾	3,213,901⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/25/2026		S		65,989⁽¹⁾	D	$14.0605⁽⁹⁾	2,562,586⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/25/2026		S		53,328⁽¹⁾	D	$14.0605⁽⁹⁾	2,070,942⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/25/2026		S		80,683⁽¹⁾	D	$14.0605⁽⁹⁾	3,133,218⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share	03/26/2026		S		65,989⁽¹⁾	D	$13.6721⁽¹⁰⁾	2,496,597⁽¹⁾	I	See Footnote⁽¹¹⁾
Class A Common Stock, par value $0.01 per share	03/26/2026		S		53,328⁽¹⁾	D	$13.6721⁽¹⁰⁾	2,017,614⁽¹⁾	I	See Footnote⁽¹²⁾
Class A Common Stock, par value $0.01 per share	03/26/2026		S		80,683⁽¹⁾	D	$13.6721⁽¹⁰⁾	3,052,535⁽¹⁾	I	See Footnote⁽¹³⁾
Class A Common Stock, par value $0.01 per share								85,474	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.60, 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), (4), (5), (6), (7), (8), (9), (10) and (11).

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.905 to $14.4225, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.585 to $14.10, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7075 to $15.077, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.10 to $14.0977, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.20 to $13.85, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.31 to $14.5711, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.80 to $14.35, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

10. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.335 to $14.04, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

11. These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the General Partner of Yorktown IX.

12. These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the General Partner of Yorktown X.

13. These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the General Partner of Yorktown XI.

	/s/ Peter A. Leidel	06/10/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

How many Ramaco Resources (METC) shares did the Leidel-affiliated entities sell?

Entities associated with director Peter A. Leidel reported selling a net 1,820,115 shares of Ramaco Resources Class A common stock. These open-market sales occurred across multiple dates and trade sizes, as summarized in the Form 4 transaction table and the aggregated transaction summary.

Over what period did the reported Ramaco Resources (METC) insider sales occur?

The reported sales by entities associated with Peter A. Leidel took place between March 5 and March 26. During this period, the Yorktown Energy Partners funds executed multiple open-market transactions, each disclosed with trade dates and weighted-average prices in the Form 4 data.

What prices did the Leidel-linked entities receive for Ramaco Resources (METC) shares?

The filing reports weighted-average sale prices around $13.48 to $15.18 per share for Ramaco Resources stock. Footnotes explain that each figure reflects multiple trades within daily ranges, such as $15.00 to $15.60 or $13.335 to $14.04, rounded to four decimal places.

Do the entities associated with Peter A. Leidel still hold Ramaco Resources (METC) shares after these sales?

Yes. After the reported transactions, the Yorktown Energy Partners funds still show multi-million-share indirect positions in Ramaco Resources. In addition, the Form 4 includes a separate direct holding entry showing 85,474 shares owned as of March 5, providing further remaining exposure.

Who actually owns the Ramaco Resources (METC) shares sold in this Form 4 filing?

The securities are owned directly by Yorktown Energy Partners IX, X and XI limited partnerships. Peter A. Leidel is a member and manager of entities that serve as their general partners and disclaims beneficial ownership of the shares except to the extent of any pecuniary interest.