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Ramaco Resources (METC) CFO receives time-based and performance stock unit grants

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

Rhea-AI Filing Summary

Sussman Jeremy R. reported acquisition or exercise transactions in this Form 4 filing.

Ramaco Resources, Inc. chief financial officer Jeremy R. Sussman reported equity compensation awards in the form of restricted stock units and performance stock units. On February 24, 2026, he received a grant of 38,442 restricted stock units under the company’s 2017 Long-Term Incentive Plan, which will vest in three equal annual installments beginning on January 31, 2027. Each restricted stock unit represents a contingent right to receive one share of Class A common stock. On the same date, he also received a grant of 38,442 performance stock units under the same plan. These performance stock units cover a performance period from January 1, 2026 through December 31, 2028 and will vest based on Compensation Committee certification of achievement against pre-established performance targets, with an achievement range from 0% to 200% of the original grant. Each performance stock unit also represents a contingent right to receive one share of Class A common stock.

Positive

  • None.

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*
Sussman Jeremy R.

(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)
CHIEF FINANCIAL 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 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.
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 insider transaction did Ramaco Resources (METC) report for its CFO?

Ramaco Resources reported its CFO, Jeremy R. Sussman, received grants of restricted stock units and performance stock units. These awards are part of his equity compensation and provide contingent rights to receive Class A common stock, subject to time-based vesting and performance conditions.

How many restricted stock units did the METC CFO receive in this Form 4?

The CFO received a grant of 38,442 restricted stock units. These units were awarded under Ramaco Resources’ 2017 Long-Term Incentive Plan and will vest in three equal annual installments beginning on January 31, 2027, subject to continued service and plan terms.

What are the terms of the Ramaco Resources (METC) performance stock unit grant?

The CFO received 38,442 performance stock units tied to a performance period from January 1, 2026 to December 31, 2028. Vesting depends on Compensation Committee certification of achievement versus pre-established performance targets, with possible payout ranging from 0% to 200% of the grant.

When do the Ramaco Resources (METC) restricted stock units vest for the CFO?

The restricted stock units will vest in three equal annual installments starting January 31, 2027. This means one-third of the 38,442 units will vest each year over three years, assuming conditions under the 2017 Long-Term Incentive Plan are satisfied.

How are Ramaco Resources (METC) performance stock units settled for the CFO?

Each performance stock unit represents a contingent right to receive one share of Class A common stock. After the performance period ending December 31, 2028, vesting depends on the Compensation Committee’s certified achievement percentage relative to pre-set performance targets.

Do Ramaco Resources (METC) restricted stock units equal immediate stock ownership for the CFO?

No, the restricted stock units are contingent rights, not immediate stock. Each unit corresponds to one share of Class A common stock that is delivered only as the units vest over three years beginning January 31, 2027, under the incentive plan.
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