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Ramaco Resources (METC) CEO receives RSU and PSU equity grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Atkins Randall Whittaker reported acquisition or exercise transactions in this Form 4 filing.

Ramaco Resources, Inc. reported that CEO Randall Whittaker Atkins received equity-based compensation awards. On February 24, 2026, he was granted 121,732 restricted stock units under the 2017 Long-Term Incentive Plan. These units will vest in three equal annual installments beginning on January 31, 2027, with each unit representing a contingent right to receive one share of Class A common stock.

On the same date, he also received a performance stock unit grant of 121,732 units under the same plan. The performance period runs from January 1, 2026 through December 31, 2028. Vesting will depend on the Compensation Committee’s certification of achievement against pre-established performance targets, with the payout range from 0% to 200% of the original grant, and each unit corresponds to one share of Class A common stock.

Positive

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Negative

  • None.
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*
Atkins Randall Whittaker

(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
X Officer (give title below) Other (specify below)
CHIEF EXECUTIVE OFFICER
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
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
Restricted Stock Units $0(1)(2) 02/24/2026 A 121,732 (1) (1) Class A common stock 121,732 $0 121,732 D
Performance Stock Units $0(3)(4) 02/24/2026 A 121,732 (3) (3) Class A common stock 121,732 $0 121,732 D
Explanation of Responses:
1. On February 24, 2026, the Reporting Person received a restricted stock unit grant of 121,732 units under the Ramaco Resources, Inc. (the "Company") 2017 Long-Term Incentive Plan. The restricted stock units will vest in three equal annual installments beginning on January 31, 2027.
2. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
3. On February 24, 2026, the Reporting Person received a performance stock unit grant of 121,732 units under the Company's 2017 Long Term Incentive Plan. The performance period began on January 1, 2026 and will end on December 31, 2028. The performance stock units will vest based upon the certification of the Compensation Committee of the Company's Board of Directors as to the percentage of achievement based on pre-established performance targets. The achievement percentage can range from 0% to 200% of this grant.
4. Each performance stock unit represents a contingent right to receive one share of Class A common stock.
Remarks:
/s/ Jonathan T 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 equity awards did Ramaco Resources (METC) grant its CEO on February 24, 2026?

Ramaco Resources granted CEO Randall Whittaker Atkins 121,732 restricted stock units and 121,732 performance stock units on February 24, 2026. Both awards were issued under the company’s 2017 Long-Term Incentive Plan and are settled in Class A common stock, subject to vesting conditions.

How do the restricted stock units granted to the METC CEO vest?

The 121,732 restricted stock units granted to the METC CEO vest in three equal annual installments beginning January 31, 2027. Each installment delivers vested units that represent a contingent right to receive one share of Ramaco Resources Class A common stock per restricted stock unit.

What is the performance period for the Ramaco Resources (METC) performance stock units?

The METC CEO’s performance stock units have a performance period starting January 1, 2026 and ending December 31, 2028. Vesting depends on the Compensation Committee certifying achievement against pre-set performance targets after this period, determining how many units ultimately convert into Class A common shares.

How is the payout range determined for METC performance stock units granted to the CEO?

The payout range for the CEO’s performance stock units can vary from 0% to 200% of the 121,732-unit grant. After the performance period, the Compensation Committee certifies achievement versus pre-established targets to determine the final percentage that will vest into Class A common stock.

What does each Ramaco Resources (METC) restricted or performance stock unit represent?

Each restricted stock unit and each performance stock unit granted to the METC CEO represents a contingent right to receive one share of Class A common stock. Actual receipt of shares depends on vesting schedules and, for performance units, certified achievement of defined performance targets.
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