Ramaco Resources (METC) director-linked funds sell shares, reshuffle 1M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ramaco Resources, Inc. director Peter A. Leidel reported several ownership changes in Class A common stock tied mainly to investment entities he helps manage. On March 27, entities associated with him executed open-market sales totaling 179,885 shares at a weighted-average price of $15.3076 per share.
The filing states these securities are owned directly by Yorktown Energy Partners IX, X and XI limited partnerships, where Leidel is a member and manager of the respective general partners, and that he disclaims beneficial ownership except to the extent of his pecuniary interest. On June 9, there were pro rata distributions totaling 1,010,713 shares, including 10,713 shares now reported as held directly and 1,000,000 shares reported as held indirectly. Following these changes, Leidel reports 96,187 shares held directly, while the Yorktown entities continue to hold substantial indirect positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 179,885 shares ($2,753,608)
Net Sell
5 txns
Insider
LEIDEL PETER A
Role
null
Sold
179,885 shs ($2.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock, par value $0.01 per share | 1,000,000 | $0.00 | -- |
| Other | Class A Common Stock, par value $0.01 per share | 10,713 | $0.00 | -- |
| Sale | Class A Common Stock, par value $0.01 per share | 59,350 | $15.3076 | $909K |
| Sale | Class A Common Stock, par value $0.01 per share | 47,968 | $15.3076 | $734K |
| Sale | Class A Common Stock, par value $0.01 per share | 72,567 | $15.3076 | $1.11M |
Holdings After Transaction:
Class A Common Stock, par value $0.01 per share — 1,437,247 shares (Indirect, See Footnote);
Class A Common Stock, par value $0.01 per share — 96,187 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 this footnote. Pro rata distributions from Yorktown Energy Partners IX, L.P., Yorktown IX Company LP and Yorktown IX Associates LLC. 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
Shares sold: 179,885 shares
Sale price: $15.3076 per share
Restructuring shares: 1,010,713 shares
+3 more
6 metrics
Shares sold
179,885 shares
Open-market sales on March 27 at weighted-average price
Sale price
$15.3076 per share
Weighted-average sale price for March 27 transactions
Restructuring shares
1,010,713 shares
J-code pro rata distributions on June 9
Directly acquired in restructuring
10,713 shares
June 9 J-code transaction into direct ownership
Indirectly reclassified
1,000,000 shares
June 9 J-code transaction reported as indirect ownership
Direct holdings after transaction
96,187 shares
Total direct Class A shares following June 9 transaction
Key Terms
weighted average price, open-market sale, pro rata distributions, beneficial ownership, +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.
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.
pro rata distributions financial
"Pro rata distributions from Yorktown Energy Partners IX, L.P., Yorktown IX Company LP and Yorktown IX Associates LLC."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein"
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.
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.
FAQ
What insider transactions did Peter A. Leidel report for Ramaco Resources (METC)?
Peter A. Leidel reported open-market sales and ownership restructurings in Ramaco Resources Class A shares. Entities associated with him sold 179,885 shares on March 27 at a weighted-average $15.3076, and pro rata distributions on June 9 moved 1,010,713 shares between indirect entities and his direct holdings.
What ownership restructuring did the Ramaco Resources (METC) Form 4 disclose?
The Form 4 reported J-code “other” transactions reflecting pro rata distributions of 1,010,713 shares on June 9. These included 10,713 shares now held directly by Peter A. Leidel and 1,000,000 shares reported as held indirectly through Yorktown investment entities.