Yorktown trims Ramaco Resources (METC) stake with small share sale

Rhea-AI Filing Summary

Yorktown Energy Partners IX, L.P., a 10% owner of Ramaco Resources, Inc., reported open-market sales of a total of 9,207 shares of Class B common stock over three days. The shares were sold at weighted-average prices of $11.5756, $11.2376, and $10.7833 per share, each reflecting multiple trades within stated price ranges.

After these sales, Yorktown holds 1,226,642 shares of Class B common stock directly. The reporting person notes it disclaims beneficial ownership beyond its pecuniary interest, and the current holdings reflect shares previously received as payment-in-kind dividends on preferred stock.

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^*

Yorktown Energy Partners IX, L.P.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

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 B Common Stock, par value $0.01 per share	03/24/2026		S		3,020(1)	D	$11.5756(2)	1,232,829(1)(5)	D
Class B Common Stock, par value $0.01 per share	03/25/2026		S		3,823(1)	D	$11.2376(3)	1,229,006(1)	D
Class B Common Stock, par value $0.01 per share	03/26/2026		S		2,364(1)	D	$10.7833(4)	1,226,642(1)	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 $11.20 to $11.91, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3),and (4).

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.92, 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 $10.50 to $11.325, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.

5. Reflects 220,074 shares of common stock received by the reporting person as payment-in-kind dividends on Series A Preferred Stock and Series B Preferred Stock exempt from reporting under Rule 16a-9(a).

	Yorktown Energy Partners IX, L.P., by: Yorktown IX Company LP, its general partner, by: Yorktown IX Associates LLC, its general partner, by: /s/ Bryan H Lawrence, Managing Member	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Yorktown report for Ramaco Resources (METC)?

Yorktown Energy Partners IX, L.P. reported selling 9,207 shares of Ramaco Resources Class B common stock in open-market transactions. These sales occurred over three days and were executed at weighted-average prices between about $10.78 and $11.58 per share.

Over what dates did Yorktown sell Ramaco Resources (METC) shares?

Yorktown’s reported sales in Ramaco Resources Class B shares took place on March 24, March 25, and March 26, 2026. Each day’s transaction involved a separate weighted-average sale price and multiple individual trades within specified price ranges.

How many Ramaco Resources (METC) shares does Yorktown hold after the sales?

Following the reported transactions, Yorktown Energy Partners IX, L.P. holds 1,226,642 shares of Ramaco Resources Class B common stock. This figure reflects prior receipt of 220,074 shares as payment-in-kind dividends on preferred stock, as described in the filing footnotes.

At what prices did Yorktown sell its Ramaco Resources (METC) shares?

Yorktown sold Ramaco Resources Class B shares at weighted-average prices of $11.5756, $11.2376, and $10.7833 on consecutive days. Each price represents multiple trades within stated ranges, with individual transaction details available on request from the company or regulators.

What does Yorktown’s beneficial ownership disclaimer mean for Ramaco (METC) shares?

Yorktown states it disclaims beneficial ownership of the Ramaco Resources shares except to the extent of its pecuniary interest. This means it does not concede full beneficial ownership status under securities rules beyond its direct economic stake in the reported holdings.