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

Rhea-AI Filing Summary

Yorktown Energy Partners IX L.P., an entity associated with Yorktown IX Associates LLC, sold a total of 10,325 shares of Ramaco Resources Class B common stock in late March 2026. The sales were open-market transactions at weighted-average prices of $10.9327 and $10.3381 per share.

After these sales, 1,216,317 Class B shares remained indirectly owned. The reporting person disclaims beneficial ownership beyond its pecuniary interest in these securities.

Insider Trade Summary

Net Seller: 10,325 shares ($111,533)

Net Sell 2 txns

Insider Yorktown IX Associates LLC

Role 10% Owner

Sold 10,325 shs ($112K)

Type	Security	Shares	Price	Value
Sale	Class B Common Stock, par value $0.01 per share	2,266	$10.3381	$23K
Sale	Class B Common Stock, par value $0.01 per share	8,059	$10.9327	$88K

Holdings After Transaction: Class B Common Stock, par value $0.01 per share — 1,216,317 shares (Indirect, See Footnote)

Footnotes (1)

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 $10.55 to $11.285, 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) and (3). The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.06 to $10.6975, 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 the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

Key Figures

Total shares sold: 10,325 shares Shares sold on 2026-03-27: 8,059 shares Price on 2026-03-27: $10.9327 per share +4 more

7 metrics

Total shares sold 10,325 shares Open-market sales in March 2026

Shares sold on 2026-03-27 8,059 shares Class B common stock open-market sale

Price on 2026-03-27 $10.9327 per share Weighted-average sale price, multiple transactions

Shares sold on 2026-03-30 2,266 shares Class B common stock open-market sale

Price on 2026-03-30 $10.3381 per share Weighted-average sale price, multiple transactions

Shares after final sale 1,216,317 shares Class B common stock indirectly owned following 2026-03-30

Net buy/sell direction 10,325 net shares sold Form 4 transaction summary shows net-sell activity

Key Terms

weighted average price, Section 16, pecuniary interest, Class B Common Stock, +1 more

5 terms

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.

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.

pecuniary interest financial

"disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein"

Class B Common Stock financial

"Class B Common Stock, par value $0.01 per share"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

indirect ownership financial

"ownership_type": "indirect""

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^*

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)
03/27/2026

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	03/27/2026		S		8,059(1)	D	$10.9327(2)	1,218,583(1)	I	See Footnote(4)
Class B Common Stock, par value $0.01 per share	03/30/2026		S		2,266(1)	D	$10.3381(3)	1,216,317(1)	I	See Footnote(4)

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 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 $10.55 to $11.285, 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) and (3).

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.06 to $10.6975, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

4. 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	03/31/2026
	** 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 did Yorktown IX Associates LLC report in this Ramaco Resources (METC) Form 4?

Yorktown IX Associates LLC reported indirect open-market sales totaling 10,325 shares of Ramaco Resources Class B common stock. The transactions occurred on two March 2026 dates, leaving 1,216,317 Class B shares indirectly owned after the reported sales.

How many Ramaco Resources (METC) shares were sold in the latest insider transactions?

Entities associated with Yorktown IX Associates LLC sold 10,325 Class B common shares in total. The sales were split into 8,059 shares on one day and 2,266 shares on a later day, both executed as open-market transactions.

At what prices were the Ramaco Resources (METC) shares sold in this Form 4?

The reported sales used weighted-average prices of $10.9327 and $10.3381 per share. Actual trades occurred in multiple transactions within disclosed price ranges around these averages, with prices rounded to four decimal places for reporting.

How many Ramaco Resources (METC) shares remain after the reported insider sales?

After the reported transactions, 1,216,317 Class B common shares of Ramaco Resources remained indirectly owned. This figure reflects holdings following the final March 2026 sale disclosed in the filing for the entities associated with Yorktown IX Associates LLC.

Who directly owns the Ramaco Resources (METC) shares mentioned in the Form 4?

The securities are owned directly by Yorktown Energy Partners IX L.P. Yorktown IX Associates LLC is the general partner of another partnership that serves as Yorktown IX’s general partner, and it disclaims beneficial ownership beyond its pecuniary interest.

Does Yorktown IX Associates LLC claim full beneficial ownership of the METC shares?

No. Yorktown IX Associates LLC expressly disclaims beneficial ownership of the Ramaco Resources securities except to the extent of its pecuniary interest. The disclaimer applies for Section 16 and any other legal or regulatory purpose referenced in the statement.