Ramaco Resources (METC) awards EVP new restricted and performance units

Rhea-AI Filing Summary

Horn Paul Bryan Jr. reported acquisition or exercise transactions in this Form 4 filing.

Ramaco Resources, Inc. executive vice president of mine operations Paul Bryan Horn Jr. reported equity awards made in the form of stock units. He received a grant of 38,442 restricted stock units and a separate grant of 38,442 performance stock units under the company’s 2017 Long-Term Incentive Plan.

The restricted stock units vest in three equal annual installments starting on January 31, 2027, with each unit representing a contingent right to one share of Class A common stock. The performance stock units cover a period from January 1, 2026 through December 31, 2028 and will vest based on Compensation Committee certification of pre-established performance targets, with potential achievement ranging from 0% to 200% of the original grant.

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

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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^*

Horn Paul Bryan Jr.

(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)

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

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		38,442		(1)	(1)	Class A common stock	38,442	$0	38,442	D
Performance Stock Units	$0(3)(4)	02/24/2026		A		38,442		(3)	(3)	Class A common stock	38,442	$0	38,442	D

Explanation of Responses:

1. On February 24, 2026, the Reporting Person received a restricted stock unit grant of 38,442 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 38,442 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.
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FAQ

What insider transaction did Ramaco Resources (METC) report for Paul Bryan Horn Jr.?

Ramaco Resources reported that EVP Mine Operations Paul Bryan Horn Jr. received equity awards. He was granted 38,442 restricted stock units and 38,442 performance stock units under the 2017 Long-Term Incentive Plan, with both awards reported at a price of $0.00 per unit.

How many restricted stock units did the Ramaco Resources EVP receive?

The executive received 38,442 restricted stock units. These units vest in three equal annual installments beginning January 31, 2027, and each unit represents a contingent right to receive one share of Ramaco Resources Class A common stock if vesting conditions are satisfied.

What are the terms of the performance stock units granted by Ramaco Resources (METC)?

Ramaco Resources granted 38,442 performance stock units to the EVP. The performance period runs from January 1, 2026 through December 31, 2028, with vesting based on Compensation Committee certification of pre-established performance targets and an achievement range from 0% to 200% of the grant.

When do the Ramaco Resources restricted stock units start vesting?

The restricted stock units begin vesting on January 31, 2027. They vest in three equal annual installments from that date, so full vesting occurs over three years, assuming continued service and satisfaction of any applicable conditions in the long-term incentive plan.

How many shares can each Ramaco stock unit convert into for the EVP grant?

Each restricted stock unit and each performance stock unit represents a contingent right to receive one share of Class A common stock. Actual shares delivered depend on vesting for restricted units and on certified performance achievement, which can range from 0% to 200% of the performance grant.

Is the Ramaco Resources Form 4 transaction a purchase or an equity award?

The Form 4 transaction is an equity award, not an open-market purchase. Both the restricted stock units and performance stock units were reported with a transaction code "A" for grant or award, and a price of $0.00 per unit, reflecting compensation rather than a cash investment.