SunCoke Energy (SXC) director granted 36,585 RSUs as Board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SunCoke Energy, Inc. director Ralph M. Della Ratta Jr. received a grant of 36,585 restricted share units as director compensation. These RSUs were awarded at no cash cost under the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan and will convert into an equal number of common shares on a one-for-one basis. Settlement will occur in shares of common stock after his Board service ends. Following this award, he directly holds 73,175 RSUs representing rights to the same number of common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Della Ratta Ralph M Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSUs (Director) | 36,585 | $0.00 | -- |
Holdings After Transaction:
RSUs (Director) — 73,175 shares (Direct, null)
Footnotes (1)
- Grant of restricted share units awarded pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan in a transaction exempt under Rule 16b-3. The restricted share units will be settled in shares of common stock following termination of Board service. Conversion rate is 1 for 1. Not applicable.
Key Figures
RSUs granted: 36,585 units
RSUs held after grant: 73,175 units
Conversion rate: 1 RSU = 1 share
+1 more
4 metrics
RSUs granted
36,585 units
Restricted share units granted to director on 2026-05-14
RSUs held after grant
73,175 units
Total restricted share units following reported transaction
Conversion rate
1 RSU = 1 share
Footnote states 1-for-1 conversion into common stock
Grant price
$0.00 per unit
Awarded as compensation, no cash paid by director
Key Terms
restricted share units, Omnibus Long-Term Incentive Plan, Rule 16b-3
3 terms
Omnibus Long-Term Incentive Plan financial
"awarded pursuant to the SunCoke Energy, Inc. Omnibus Long-Term Incentive Plan in a transaction exempt under Rule 16b-3"
Rule 16b-3 regulatory
"in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What did SunCoke Energy (SXC) director Ralph Della Ratta Jr. report on this Form 4?
He reported receiving 36,585 restricted share units as director compensation. These RSUs were granted at no cash cost and will be settled in shares of SunCoke Energy common stock after his Board service ends, under the company’s long-term incentive plan.
How many SunCoke Energy (SXC) RSUs does Ralph Della Ratta Jr. hold after this grant?
After the grant, he holds 73,175 restricted share units. Each RSU represents the right to receive one share of SunCoke Energy common stock, so this total reflects his compensation-related equity position as reported in the Form 4 filing.
What are the key terms of the RSU grant to the SunCoke Energy (SXC) director?
The director received 36,585 restricted share units with a conversion rate of one RSU for one common share. The units were granted under SunCoke Energy’s Omnibus Long-Term Incentive Plan and will be settled in shares following termination of his Board service, not immediately.
Does the SunCoke Energy (SXC) Form 4 indicate a stock purchase or sale by the director?
The Form 4 reflects an acquisition of restricted share units as a grant, not an open-market stock purchase or sale. The award is classified as a grant or other acquisition under code A and is part of the director’s equity-based compensation package.
When will the SunCoke Energy (SXC) director’s RSUs from this grant be settled?
The restricted share units from this grant will be settled in shares of SunCoke Energy common stock after the director’s Board service ends. Settlement timing is therefore linked to the conclusion of his Board tenure rather than a fixed vesting date.