Ramaco Resources (METC) director-linked Yorktown funds sell 800K shares

Rhea-AI Filing Summary

Ramaco Resources, Inc. director Lawrence Bryan H. reported a series of indirect open-market sales of Class A common stock totaling 800,000 shares over March 17–19, 2026. The shares, held through Yorktown Energy Partners funds, were sold at weighted-average prices reported around $14 per share.

According to the footnotes, the securities are owned directly by Yorktown Energy Partners IX, X, and XI, with the reporting person serving in management roles at their general partners and disclaiming beneficial ownership except for any pecuniary interest. He also reports a direct holding of 134,877 shares of Ramaco Resources common stock after these transactions.

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^*

Lawrence Bryan H.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.01 per share	03/17/2026		S		65,989(1)	D	$14.2172(2)	3,024,508(1)	I	See Footnote(5)
Class A Common Stock, par value $0.01 per share	03/17/2026		S		53,328(1)	D	$14.2172(2)	2,444,239(1)	I	See Footnote(6)
Class A Common Stock, par value $0.01 per share	03/17/2026		S		80,683(1)	D	$14.2172(2)	3,697,999(1)	I	See Footnote(7)
Class A Common Stock, par value $0.01 per share	03/18/2026		S		65,989(1)	D	$13.7665(3)	2,958,519(1)	I	See Footnote(5)
Class A Common Stock, par value $0.01 per share	03/18/2026		S		53,328(1)	D	$13.7665(3)	2,390,911(1)	I	See Footnote(6)
Class A Common Stock, par value $0.01 per share	03/18/2026		S		80,683(1)	D	$13.7665(3)	3,617,316(1)	I	See Footnote(7)
Class A Common Stock, par value $0.01 per share	03/19/2026		S		131,977(1)	D	$14.4059(4)	2,826,542(1)	I	See Footnote(5)
Class A Common Stock, par value $0.01 per share	03/19/2026		S		106,657(1)	D	$14.4059(4)	2,284,254(1)	I	See Footnote(6)
Class A Common Stock, par value $0.01 per share	03/19/2026		S		161,366(1)	D	$14.4059(4)	3,455,950(1)	I	See Footnote(7)
Class A Common Stock, par value $0.01 per share								134,877	D

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

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.905 to $14.4225, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.585 to $14.10, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7075 to $15.077, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

5. These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the General Partner of Yorktown IX.

6. These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the General Partner of Yorktown X.

7. These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the General Partner of Yorktown XI.

	/s/ Bryan H Lawrence	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Ramaco Resources (METC) disclose in this Form 4?

Ramaco Resources disclosed that entities associated with director Lawrence Bryan H. sold 800,000 shares of Class A common stock in open-market transactions between March 17 and 19, 2026. All reported trades were indirect sales through Yorktown Energy Partners investment funds.

At what prices were the Ramaco Resources (METC) shares sold by the Yorktown funds?

The reported Ramaco Resources shares were sold at weighted-average prices per share, with individual trades executed across multiple transactions. Footnotes state that these sales occurred within specified intraday price ranges, and the disclosed weighted-average prices were rounded to four decimal places for reporting.

Were the Ramaco Resources (METC) share sales made directly by Lawrence Bryan H.?

The sales were reported as indirect. Footnotes explain the shares are owned directly by Yorktown Energy Partners IX, X, and XI. Lawrence Bryan H. holds management roles in their general partners and disclaims beneficial ownership except to the extent of any pecuniary interest.

How many Ramaco Resources (METC) shares does Lawrence Bryan H. hold directly after these trades?

After the reported transactions, Lawrence Bryan H. reports a direct holding of 134,877 Ramaco Resources Class A common shares. This direct position is separate from the larger indirect holdings reported through the Yorktown Energy Partners funds described in the Form 4 footnotes.

What is the overall direction of insider trading for Ramaco Resources (METC) in this filing?

The filing reflects a net-sell pattern. The transaction summary shows nine open-market sales totaling 800,000 shares and no reported insider purchases, option exercises, gifts, or tax-withholding transactions during the period covered by this Form 4.