Ramaco CEO gifts 500,000 shares to family trusts
Ramaco Resources, Inc. (METC) director and chief executive officer Randall Whittaker Atkins reported a bona fide gift of 500,000 shares of Class A common stock on August 27, 2026, transferring them for no consideration to five newly formed revocable trusts.
Rhea-AI Filing Summary
Ramaco Resources, Inc. (METC) director and chief executive officer Randall Whittaker Atkins reported a bona fide gift of 500,000 shares of Class A common stock on August 27, 2026, transferring them for no consideration to five newly formed revocable trusts. He remains the beneficial owner and trustee of each trust. After these transfers, he reports 483,897 Class A shares held directly, 235,042 Class B shares held directly, and additional indirect holdings of Class A and Class B shares through various trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
500,000 shares gifted
Gift
9 txns
Insider
Atkins Randall Whittaker
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A common stock F1 | 500,000 | $0.00 | $0.00 |
| holding | Class B common stock | -- | -- | -- |
| holding | Class A common stock F2 | -- | -- | -- |
| holding | Class A common stock F3 | -- | -- | -- |
| holding | Class A common stock F4 | -- | -- | -- |
| holding | Class A common stock F5 | -- | -- | -- |
| holding | Class A common stock F6 | -- | -- | -- |
| holding | Class A common stock F7 | -- | -- | -- |
| holding | Class B common stock F7 | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 483,897 shares (Direct);
Class B common stock — 235,042 shares (Direct);
Class A common stock — 100,000 shares (Indirect, By Laura Atkins Powell Revocable Trust, dated July 28, 2026);
Class A common stock — 100,000 shares (Indirect, By Orin Barton Atkins Revocable Trust, dated July 28, 2026);
Class A common stock — 100,000 shares (Indirect, By Drew Whittaker Atkins Revocable Trust, dated July 28, 2026);
Class A common stock — 100,000 shares (Indirect, By Brooke Fodor Cpin Revocable Trust, dated July 28, 2026);
Class A common stock — 100,000 shares (Indirect, By Simone Ambrose Atkins Revocable Trust, dated July 28, 2026);
Class A common stock — 2,178,702 shares (Indirect, Trustee for the Randall Whittaker Atkins Revocable Trust U/A DTD);
Class B common stock — 544,188 shares (Indirect, Trustee for the Randall Whittaker Atkins Revocable Trust U/A DTD)
Footnotes (7)
- F1. On August 27, 2026, the reporting person transferred a total of 500,000 shares to five trusts. The reporting person is trustee of each trust and remains the beneficial owner of the securities held by each trust. See Footnotes 2, 3, 4, 5, and 6 for more information.
- F2. On August 27, 2026, the reporting person transferred 100,000 shares of Class A common stock to the Laura Atkins Powell Revocable Trust, dated July 28, 2026, for no consideration. The reporting person is trustee of the trust and remains the beneficial owner of the securities held by the trust.
- F3. On August 27, 2026, the reporting person transferred 100,000 shares of Class A common stock to the Orin Barton Atkins Revocable Trust, dated July 28, 2026, for no consideration. The reporting person is trustee of the trust and remains the beneficial owner of the securities held by the trust.
- F4. On August 27, 2026, the reporting person transferred 100,000 shares of Class A common stock to the Drew Whittaker Atkins Revocable Trust, dated July 28, 2026, for no consideration. The reporting person is trustee of the trust and remains the beneficial owner of the securities held by the trust.
- F5. On August 27, 2026, the reporting person transferred 100,000 shares of Class A common stock to the Brooke Fodor Cpin Revocable Trust, dated July 28, 2026, for no consideration. The reporting person is trustee of the trust and remains the beneficial owner of the securities held by the trust.
- F6. On August 27, 2026, the reporting person transferred 100,000 shares of Class A common stock to the Simone Ambrose Atkins Revocable Trust, dated July 28, 2026, for no consideration. The reporting person is trustee of the trust and remains the beneficial owner of the securities held by the trust.
- F7. The reporting person is trustee of the trust and remains the beneficial owner of the securities held by the trust.
Key Figures
Gifted Class A shares: 500,000 shares of Class A common stock
Direct Class A holdings after transaction: 483,897 shares of Class A common stock
Direct Class B holdings after transaction: 235,042 shares of Class B common stock
+3 more
6 metrics
Gifted Class A shares
500,000 shares of Class A common stock
Bona fide gift on August 27, 2026 to five revocable trusts
Direct Class A holdings after transaction
483,897 shares of Class A common stock
Reported holdings following August 27, 2026 transactions
Direct Class B holdings after transaction
235,042 shares of Class B common stock
Reported holdings following August 27, 2026 transactions
Shares per family revocable trust
100,000 shares of Class A common stock
Transferred for no consideration to each of five revocable trusts
Indirect Class A holdings via Randall Whittaker Atkins Revocable Trust
2,178,702 shares of Class A common stock
Reported as indirect holdings with the reporting person as trustee
Indirect Class B holdings via Randall Whittaker Atkins Revocable Trust
544,188 shares of Class B common stock
Reported as indirect holdings with the reporting person as trustee
Key Terms
bona fide gift, beneficial owner, Revocable Trust, Class A common stock, +1 more
5 terms
bona fide gift financial
"transaction code "G" described as a bona fide gift of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial owner financial
"the reporting person remains the beneficial owner of the securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Revocable Trust financial
"transferred shares to the Laura Atkins Powell Revocable Trust, dated July 28, 2026"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Class A common stock financial
"transferred 100,000 shares of Class A common stock to each trust"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B common stock financial
"total shares following transaction for Class B common stock"
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.
FAQ
What insider transaction did METC report for Randall Whittaker Atkins on August 27, 2026?
Ramaco Resources, Inc. (METC) reported that Randall Whittaker Atkins made a bona fide gift of 500,000 shares of Class A common stock on August 27, 2026, transferring them to five revocable trusts for no consideration while remaining their beneficial owner and trustee.
What are Randall Whittaker Atkins’ reported direct holdings in METC after the gift?
After the reported transactions, Randall Whittaker Atkins reports 483,897 shares of Class A common stock and 235,042 shares of Class B common stock held directly in Ramaco Resources, Inc.
What indirect Ramaco Resources (METC) holdings does Randall Whittaker Atkins report as trustee?
As trustee, Randall Whittaker Atkins reports indirect holdings of 2,178,702 shares of Class A common stock and 544,188 shares of Class B common stock in the Randall Whittaker Atkins Revocable Trust, in addition to 100,000 Class A shares in each of five other revocable trusts.
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