Ramaco Resources, Inc. chief executive officer Randall Whittaker Atkins reported multiple equity transactions involving stock options and common shares. He exercised employee stock options for 448,712 shares of Class A common stock and 89,742 shares of Class B common stock, with the derivative exercise recorded at a $0.00 option price.
To cover tax obligations tied to these exercises, he surrendered 271,525 shares of Class A common stock at $14.93 per share and 35,313 shares of Class B common stock at $12.81 per share, characterized as tax-withholding dispositions rather than open-market sales. After these direct transactions, he directly owned 983,897 Class A shares and 235,042 Class B shares.
Indirect holdings include 2,178,702 Class A shares and 544,188 Class B shares held through the Randall Whittaker Atkins Revocable Trust, where he is trustee. Additional indirect holdings of 5,000 Class A shares and 1,246 Class B shares are held by his daughter, for which he disclaims beneficial ownership.
Ramaco Resources, Inc. chief executive officer Randall Whittaker Atkins reported multiple equity transactions involving stock options and common shares. He exercised employee stock options for 448,712 shares of Class A common stock and 89,742 shares of Class B common stock, with the derivative exercise recorded at a $0.00 option price.
To cover tax obligations tied to these exercises, he surrendered 271,525 shares of Class A common stock at $14.93 per share and 35,313 shares of Class B common stock at $12.81 per share, characterized as tax-withholding dispositions rather than open-market sales. After these direct transactions, he directly owned 983,897 Class A shares and 235,042 Class B shares.
Indirect holdings include 2,178,702 Class A shares and 544,188 Class B shares held through the Randall Whittaker Atkins Revocable Trust, where he is trustee. Additional indirect holdings of 5,000 Class A shares and 1,246 Class B shares are held by his daughter, for which he disclaims beneficial ownership.
Ramaco Resources, Inc. reported that its Chairman and CEO, Randall W. Atkins, has exercised long-held stock options originally granted around the company’s 2017 public offering. On February 26, 2026, after provisions for taxes, he acquired 177,187 shares of Class A common stock and 54,429 shares of Class B common stock.
Atkins stated that, after holding these options for over nine years, he chose to convert them into Ramaco shares, which he currently views as trading at an undervalued level. The company also highlights its dual platform business in metallurgical coal and emerging rare earth and critical minerals production, including a major primary magnetic rare earth deposit discovered near Sheridan, Wyoming.
Ramaco Resources, Inc. reported that its Chairman and CEO, Randall W. Atkins, has exercised long-held stock options originally granted around the company’s 2017 public offering. On February 26, 2026, after provisions for taxes, he acquired 177,187 shares of Class A common stock and 54,429 shares of Class B common stock.
Atkins stated that, after holding these options for over nine years, he chose to convert them into Ramaco shares, which he currently views as trading at an undervalued level. The company also highlights its dual platform business in metallurgical coal and emerging rare earth and critical minerals production, including a major primary magnetic rare earth deposit discovered near Sheridan, Wyoming.
Ramaco Resources, Inc. details its business, strategy and risks as a dual-platform producer of metallurgical coal and emerging rare earth and critical mineral assets. The company operates mining complexes in West Virginia and Virginia with an estimated 85 million reserve tons and 1,337 million measured and indicated resource tons of metallurgical coal.
As of December 31, 2025, Ramaco had about four million tons of annual coal production capacity and plans to grow output to possibly more than seven million clean tons, subject to market conditions and permitting. In 2025 it sold 3.8 million tons of coal and generated $536.6 million of revenue, with 37% from North American customers and 63% from export markets.
The company is developing the Brook Mine in Wyoming, a 15,800-acre property hosting unconventional rare earth element and critical mineral resources, though these are classified only as inferred resources and not reserves. Ramaco highlights significant regulatory, environmental and market risks, including heavy Chinese competition in rare earths, customer concentration in steel, extensive permitting requirements and evolving climate and environmental regulation.
Ramaco Resources, Inc. details its business, strategy and risks as a dual-platform producer of metallurgical coal and emerging rare earth and critical mineral assets. The company operates mining complexes in West Virginia and Virginia with an estimated 85 million reserve tons and 1,337 million measured and indicated resource tons of metallurgical coal.
As of December 31, 2025, Ramaco had about four million tons of annual coal production capacity and plans to grow output to possibly more than seven million clean tons, subject to market conditions and permitting. In 2025 it sold 3.8 million tons of coal and generated $536.6 million of revenue, with 37% from North American customers and 63% from export markets.
The company is developing the Brook Mine in Wyoming, a 15,800-acre property hosting unconventional rare earth element and critical mineral resources, though these are classified only as inferred resources and not reserves. Ramaco highlights significant regulatory, environmental and market risks, including heavy Chinese competition in rare earths, customer concentration in steel, extensive permitting requirements and evolving climate and environmental regulation.
Ramaco Resources, Inc. reported weaker 2025 results but a much stronger balance sheet and outlined its transition toward critical minerals. Full-year revenue was $536.6M, down from $666.3M, and the company posted a net loss of $51.4M versus prior-year net income of $11.2M. Fourth-quarter revenue was $128.0M with a net loss of $14.7M. Metallurgical coal cash costs fell to $92 per ton in the quarter, supporting cash margins of $24 per ton.
Liquidity improved sharply, reaching a record $521.0M as of December 31, 2025, after over $1B of new capital, including $200M of equity and $345M of zero-coupon convertible notes. For 2026, the company guides to coal production of 3.7–4.1 million tons, sales of 4.1–4.5 million tons, and cash costs of $95–$100 per ton.
The board declared a Class B stock dividend of $0.1489 per share, payable in Class B shares on March 27, 2026 to holders of record on March 13, 2026, with share amounts based on the Class B closing price on the record date; fractional entitlements will be settled in cash. Ramaco also highlighted a new proprietary carbochlorination flowsheet for its Brook Mine rare earth and critical minerals project in Wyoming, which internal estimates suggest could materially increase projected cash flows, subject to validation and a revised economic assessment expected by mid-year.
Ramaco Resources, Inc. reported weaker 2025 results but a much stronger balance sheet and outlined its transition toward critical minerals. Full-year revenue was $536.6M, down from $666.3M, and the company posted a net loss of $51.4M versus prior-year net income of $11.2M. Fourth-quarter revenue was $128.0M with a net loss of $14.7M. Metallurgical coal cash costs fell to $92 per ton in the quarter, supporting cash margins of $24 per ton.
Liquidity improved sharply, reaching a record $521.0M as of December 31, 2025, after over $1B of new capital, including $200M of equity and $345M of zero-coupon convertible notes. For 2026, the company guides to coal production of 3.7–4.1 million tons, sales of 4.1–4.5 million tons, and cash costs of $95–$100 per ton.
The board declared a Class B stock dividend of $0.1489 per share, payable in Class B shares on March 27, 2026 to holders of record on March 13, 2026, with share amounts based on the Class B closing price on the record date; fractional entitlements will be settled in cash. Ramaco also highlighted a new proprietary carbochlorination flowsheet for its Brook Mine rare earth and critical minerals project in Wyoming, which internal estimates suggest could materially increase projected cash flows, subject to validation and a revised economic assessment expected by mid-year.
Graney Michael R reported acquisition or exercise transactions in this Form 4 filing.
Ramaco Resources director Michael R. Graney received a grant of 7,688 shares of Class A common stock on February 24, 2026. The restricted stock, issued at no cash cost under the 2017 Long Term Incentive Plan, will vest on January 31, 2027.
Graney Michael R reported acquisition or exercise transactions in this Form 4 filing.
Ramaco Resources director Michael R. Graney received a grant of 7,688 shares of Class A common stock on February 24, 2026. The restricted stock, issued at no cash cost under the 2017 Long Term Incentive Plan, will vest on January 31, 2027.
Ramaco Resources, Inc. director Aurelia Skipwith Giacometto reported new equity awards and dividend-related shares. She received a restricted stock grant of 7,688 shares of Class A common stock under the company’s 2017 Long Term Incentive Plan, which will vest on January 31, 2027. Following this grant, her direct holdings of Class A common stock increased to 38,022 shares. She also reported 872 additional shares of Class B common stock received as a result of four common stock dividends paid in Class B stock during 2025, bringing her direct Class B holdings to 4,845 shares. The filing notes that the Class B shares acquired through these dividends were exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934.
Ramaco Resources, Inc. director Aurelia Skipwith Giacometto reported new equity awards and dividend-related shares. She received a restricted stock grant of 7,688 shares of Class A common stock under the company’s 2017 Long Term Incentive Plan, which will vest on January 31, 2027. Following this grant, her direct holdings of Class A common stock increased to 38,022 shares. She also reported 872 additional shares of Class B common stock received as a result of four common stock dividends paid in Class B stock during 2025, bringing her direct Class B holdings to 4,845 shares. The filing notes that the Class B shares acquired through these dividends were exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934.
Ramaco Resources director Christian Charles Lynch III reported new equity awards. On February 24, 2026, he received a restricted stock grant of 7,688 shares of Class A common stock under the Ramaco Resources, Inc. 2017 Long Term Incentive Plan. The restricted stock will vest on January 31, 2027, and his direct Class A holdings increased to 117,609 shares following this grant.
The filing also notes that, as a result of four common stock dividends paid in Class B common stock during 2025, he received a total of 3,340 Class B shares, bringing his direct Class B holdings to 23,970 shares. These dividend-related acquisitions were exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.
Ramaco Resources director Christian Charles Lynch III reported new equity awards. On February 24, 2026, he received a restricted stock grant of 7,688 shares of Class A common stock under the Ramaco Resources, Inc. 2017 Long Term Incentive Plan. The restricted stock will vest on January 31, 2027, and his direct Class A holdings increased to 117,609 shares following this grant.
The filing also notes that, as a result of four common stock dividends paid in Class B common stock during 2025, he received a total of 3,340 Class B shares, bringing his direct Class B holdings to 23,970 shares. These dividend-related acquisitions were exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.
Ramaco Resources director Richard M. Whiting reported equity awards in company stock. He received a grant of 7,688 shares of Class A restricted stock under the 2017 Long Term Incentive Plan, which will vest on January 31, 2027. He also acquired 4,089 shares of Class B common stock through four stock dividends paid in 2025, bringing his holdings to 139,028 Class A shares and 32,471 Class B shares.
Ramaco Resources director Richard M. Whiting reported equity awards in company stock. He received a grant of 7,688 shares of Class A restricted stock under the 2017 Long Term Incentive Plan, which will vest on January 31, 2027. He also acquired 4,089 shares of Class B common stock through four stock dividends paid in 2025, bringing his holdings to 139,028 Class A shares and 32,471 Class B shares.
Ramaco Resources director David E. K. Frischkorn reported equity awards in company stock. He received a grant of 7,688 shares of Class A common stock as restricted stock under the 2017 Long Term Incentive Plan at a stated price of $0 per share. These restricted shares will vest on January 31, 2027. As a result of four previously declared stock dividends paid in Class B common stock, he also acquired a total of 1,602 Class B shares, which are included in his reported holdings and were exempt under Rule 16a-9(a). After these transactions, he directly owns 61,572 Class A shares and 10,395 Class B shares.
Ramaco Resources director David E. K. Frischkorn reported equity awards in company stock. He received a grant of 7,688 shares of Class A common stock as restricted stock under the 2017 Long Term Incentive Plan at a stated price of $0 per share. These restricted shares will vest on January 31, 2027. As a result of four previously declared stock dividends paid in Class B common stock, he also acquired a total of 1,602 Class B shares, which are included in his reported holdings and were exempt under Rule 16a-9(a). After these transactions, he directly owns 61,572 Class A shares and 10,395 Class B shares.
Ramaco Resources director Joseph Anthony Manchin III reported new equity awards. He received a grant of 7,688 shares of Class A common stock as restricted stock under Ramaco Resources, Inc.’s 2017 Long Term Incentive Plan at no cash cost.
The restricted Class A shares will vest on January 31, 2027. The director also reported holding 99 shares of Class B common stock, received through three common stock dividends paid in Class B stock during 2025, which were exempt acquisitions under Rule 16a-9(a).
Ramaco Resources director Joseph Anthony Manchin III reported new equity awards. He received a grant of 7,688 shares of Class A common stock as restricted stock under Ramaco Resources, Inc.’s 2017 Long Term Incentive Plan at no cash cost.
The restricted Class A shares will vest on January 31, 2027. The director also reported holding 99 shares of Class B common stock, received through three common stock dividends paid in Class B stock during 2025, which were exempt acquisitions under Rule 16a-9(a).