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Yorktown Energy trims Ramaco Resources (METC) stake in open sales

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Yorktown Energy Partners XI, L.P., a 10% owner of Ramaco Resources, Inc., reported open-market sales of a total of 10,465 shares of Class B Common Stock. The firm sold 8,168 shares on March 27, 2026 at a weighted average price of $10.9327 per share and 2,297 shares on March 30, 2026 at a weighted average price of $10.3381 per share. These trades were executed across multiple prices within disclosed ranges. After the transactions, Yorktown Energy Partners XI directly owned 1,232,732 Class B shares.

Positive

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Insider Yorktown Energy Partners XI, L.P.
Role 10% Owner
Sold 10,465 shs ($113K)
Type Security Shares Price Value
Sale Class B Common Stock, par value $0.01 per share 2,297 $10.3381 $24K
Sale Class B Common Stock, par value $0.01 per share 8,168 $10.9327 $89K
Holdings After Transaction: Class B Common Stock, par value $0.01 per share — 1,232,732 shares (Direct)
Footnotes (1)
  1. 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 (1) and (2). 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.
Shares sold March 27, 2026 8,168 shares Open-market sale of Class B Common Stock
Weighted average price March 27, 2026 $10.9327 per share Open-market sale range $10.55–$11.285
Shares sold March 30, 2026 2,297 shares Open-market sale of Class B Common Stock
Weighted average price March 30, 2026 $10.3381 per share Open-market sale range $10.06–$10.6975
Total shares sold 10,465 shares Net shares sold across both transactions
Shares owned after transactions 1,232,732 shares Direct Class B Common Stock holdings post-sale
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.
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.
SEC Form 4
FORM 4UNITED 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 Energy Partners XI, L.P.

(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)
DirectorX10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class B Common Stock, par value $0.01 per share03/27/2026S8,168D$10.9327(1)1,235,029D
Class B Common Stock, par value $0.01 per share03/30/2026S2,297D$10.3381(2)1,232,732D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $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 (1) and (2).
2. 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.
Yorktown Energy Partners XI, L.P., by: Yorktown XI Company LP, its general partner, by: Yorktown XI Associates LLC, its general partner, by: /s/ Bryan H Lawrence, Managing Member03/31/2026
** Signature of Reporting PersonDate
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 Energy Partners XI do in this Ramaco Resources (METC) Form 4?

Yorktown Energy Partners XI reported selling 10,465 Ramaco Resources Class B Common shares in two open-market transactions. The sales occurred on March 27 and March 30, 2026, at weighted average prices of $10.9327 and $10.3381 per share, respectively.

How many Ramaco Resources (METC) shares does Yorktown Energy Partners XI now hold?

Following the reported sales, Yorktown Energy Partners XI directly holds 1,232,732 shares of Ramaco Resources Class B Common Stock. This figure reflects ownership after disposing of 10,465 shares across the two disclosed open-market transactions in late March 2026.

At what prices did Yorktown Energy Partners XI sell Ramaco Resources (METC) shares?

The partnership sold shares at weighted average prices of $10.9327 and $10.3381 per share. Footnotes state the March 27 trades ranged from $10.55 to $11.285, and the March 30 trades ranged from $10.06 to $10.6975, with precise data available on request.

How many Ramaco Resources (METC) shares were sold in each transaction?

Yorktown Energy Partners XI sold 8,168 Class B Common shares on March 27, 2026, and 2,297 shares on March 30, 2026. Combined, these open-market sales totaled 10,465 shares, as reflected in the Form 4 transaction summary data.

What type of security did Yorktown Energy Partners XI trade in Ramaco Resources (METC)?

The reported trades involved Ramaco Resources Class B Common Stock, par value $0.01 per share. Both transactions were non-derivative, open-market sales of this equity class, with no associated options or other derivative instruments reported in the filing.
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