Ramaco Resources (METC) director awarded Class A stock and Class B dividends

Rhea-AI Filing Summary

Ramaco Resources director David E. K. Frischkorn reported equity awards in company stock. He received a grant of 7,688 shares of Class A common stock as restricted stock under the 2017 Long Term Incentive Plan at a stated price of $0 per share. These restricted shares will vest on January 31, 2027. As a result of four previously declared stock dividends paid in Class B common stock, he also acquired a total of 1,602 Class B shares, which are included in his reported holdings and were exempt under Rule 16a-9(a). After these transactions, he directly owns 61,572 Class A shares and 10,395 Class B shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider FRISCHKORN DAVID E K

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock	7,688	$0.00	--
Other	Class B common stock	1,602	$0.00	--

Holdings After Transaction: Class A common stock — 61,572 shares (Direct); Class B common stock — 10,395 shares (Direct)

Footnotes (1)

1. On February 24, 2026, the Reporting Person received a restricted stock grant of 7,688 shares of Class A common stock under the Ramaco Resources, Inc. (the "Company") 2017 Long Term Incentive Plan. The restricted stock will vest on January 31, 2027. As a result of the four common stock dividends paid in Class B common stock 1) declared on December 5, 2024 and paid on March 14, 2025, 2) declared on March 17, 2025 and paid on June 13, 2025, 3) declared on August 22, 2025 and paid on September 19, 2025, and 4) declared on November 14, 2025 and paid on December 19, 2025 the reporting person received a total of 1,602 shares of Class B common Stock, which are included in the reported amount. The acquisition of such shares was exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.

Form 4 Insider Transactions: What Each Field Means →

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^*

FRISCHKORN DAVID E K

(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)

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

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
Class A common stock	02/24/2026		A(1)		7,688	A	$0	61,572	D
Class B common stock	02/24/2026(2)		J(2)		1,602	A	(2)	10,395	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On February 24, 2026, the Reporting Person received a restricted stock grant of 7,688 shares of Class A common stock under the Ramaco Resources, Inc. (the "Company") 2017 Long Term Incentive Plan. The restricted stock will vest on January 31, 2027.

2. As a result of the four common stock dividends paid in Class B common stock 1) declared on December 5, 2024 and paid on March 14, 2025, 2) declared on March 17, 2025 and paid on June 13, 2025, 3) declared on August 22, 2025 and paid on September 19, 2025, and 4) declared on November 14, 2025 and paid on December 19, 2025 the reporting person received a total of 1,602 shares of Class B common Stock, which are included in the reported amount. The acquisition of such shares was exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.

Remarks:

	/s/ Jonathan Tyler 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.
* 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.

FAQ

What did Ramaco Resources (METC) director David Frischkorn report in this Form 4?

He reported a restricted stock grant of 7,688 Class A shares and the inclusion of 1,602 Class B shares received via stock dividends. These transactions increased his directly held Class A and Class B ownership stakes in Ramaco Resources.

How many Ramaco Resources Class A shares were granted to the METC director?

David Frischkorn received 7,688 shares of Class A common stock as a restricted stock grant under Ramaco Resources’ 2017 Long Term Incentive Plan. The grant carried a stated price of $0 per share, reflecting an equity compensation award rather than an open-market purchase.

When do the Ramaco Resources restricted Class A shares vest for the METC director?

The 7,688 restricted Class A shares vest on January 31, 2027. Until vesting, they remain subject to restrictions under the 2017 Long Term Incentive Plan, after which they are expected to become fully owned, unrestricted shares if plan conditions are met.

Why did David Frischkorn receive 1,602 Ramaco Resources Class B shares?

He received 1,602 Class B shares due to four common stock dividends paid in Class B stock between March and December 2025. These dividend-related acquisitions were reported as exempt under Rule 16a-9(a) of the Securities Exchange Act of 1934.

What are David Frischkorn’s Ramaco Resources share holdings after these transactions?

Following the reported transactions, he directly holds 61,572 shares of Class A common stock and 10,395 shares of Class B common stock. These updated totals reflect the new restricted stock grant and the accumulated Class B dividend shares.

Were the Ramaco Resources (METC) Form 4 transactions open-market buys or sells?

No, the filing shows no open-market buys or sells. The 7,688 Class A shares came from a restricted stock grant, while the 1,602 Class B shares resulted from stock dividends classified as exempt acquisitions under Rule 16a-9(a).