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SunCoke Energy (SXC) SVP receives 39,981 RSUs and settles PSU awards

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

Rhea-AI Filing Summary

SunCoke Energy, Inc. Senior Vice President Phillip Michael Hardesty reported several equity award transactions involving restricted stock units (RSUs), performance share units (PSUs), and common stock. On February 19, 2026, he received a grant of 39,981 RSUs at a conversion rate of 1-for-1 into SunCoke common shares, vesting in three equal annual installments.

On February 23–24, 2026, previously granted RSUs and PSUs were settled and converted into common stock, including blocks of 8,683, 7,792, and 8,688 shares. In connection with these vestings, a total of several thousand shares, including 4,570, 4,108, and 3,686 shares, were withheld by SunCoke at prices such as $5.88 and $6.22 per share to satisfy minimum statutory tax withholding requirements, rather than being open‑market sales. One transaction for 10,695 shares reflects settlement of a PSU award for the completed three‑year performance period. After these transactions, Hardesty directly owned 286,177 shares of SunCoke common stock.

Positive

  • None.

Negative

  • None.
Insider Hardesty Phillip Michael
Role Senior Vice President
Type Security Shares Price Value
Exercise RSUs (02.23.2023) 8,683 $0.00 --
Exercise RSUs (02.22.2024) 7,792 $0.00 --
Exercise Common Stock 8,683 $0.00 --
Tax Withholding Common Stock 4,108 $5.88 $24K
Exercise Common Stock 7,792 $0.00 --
Tax Withholding Common Stock 3,686 $6.22 $23K
Other Common Stock 10,695 $0.00 --
Exercise RSUs (02.21.2025) 8,688 $0.00 --
Exercise Common Stock 8,688 $0.00 --
Tax Withholding Common Stock 4,570 $6.22 $28K
Grant/Award RSUs (02.19.2026) 39,981 $0.00 --
Holdings After Transaction: RSUs (02.23.2023) — 0 shares (Direct); RSUs (02.22.2024) — 7,792 shares (Direct); Common Stock — 271,366 shares (Direct); RSUs (02.21.2025) — 17,377 shares (Direct); RSUs (02.19.2026) — 39,981 shares (Direct)
Footnotes (1)
  1. Conversion rate is 1 for 1. Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of RSUs. Represents settlement of Performance Share Unit ("PSU") award granted February 23, 2023 pursuant to SunCoke Energy, Inc. ("SXC") Long Term Performance Plan in a transaction exempt under Rule 16b-3. PSU award settled, at the end of applicable three-year vesting period, in shares of SXC common stock, (net of shares withheld by Registrant to satisfy statutory tax withholding requirements). 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 vest in three equal annual installments on the first, second and third anniversary of the grant date.
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*
Hardesty Phillip Michael

(Last) (First) (Middle)
C/O SUNCOKE ENERGY, INC.
1011 WARRENVILLE ROAD SUITE 600

(Street)
LISLE IL 60532

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SunCoke Energy, Inc. [ SXC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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
Common Stock 02/24/2026 M 8,683 A (1) 271,366 D
Common Stock(2) 02/24/2026 F 4,108 D $5.88 267,258 D
Common Stock 02/24/2026 M 7,792 A (1) 275,050 D
Common Stock(2) 02/24/2026 F 3,686 D $6.22 271,364 D
Common Stock 02/23/2026 M 8,688 A (1) 280,052 D
Common Stock(2) 02/23/2026 F 4,570 D $6.22 275,482 D
Common Stock 02/24/2026 J 10,695 A (3) 286,177 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
RSUs (02.23.2023)(4) (1) 02/24/2026 M 8,683 02/23/2024 02/23/2026 Common Stock 8,683 (1) 0 D
RSUs (02.22.2024)(4) (1) 02/24/2026 M 7,792 02/22/2025 02/22/2027 Common Stock 7,792 (1) 7,792 D
RSUs (02.21.2025)(4) (1) 02/23/2026 M 8,688 02/21/2026 02/21/2028 Common Stock 8,688 (1) 17,377 D
RSUs (02.19.2026)(4) (1) 02/19/2026 A 39,981 02/19/2027 02/19/2029 Common Stock 39,981 (1) 39,981 D
Explanation of Responses:
1. Conversion rate is 1 for 1.
2. Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of RSUs.
3. Represents settlement of Performance Share Unit ("PSU") award granted February 23, 2023 pursuant to SunCoke Energy, Inc. ("SXC") Long Term Performance Plan in a transaction exempt under Rule 16b-3. PSU award settled, at the end of applicable three-year vesting period, in shares of SXC common stock, (net of shares withheld by Registrant to satisfy statutory tax withholding requirements).
4. 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 vest in three equal annual installments on the first, second and third anniversary of the grant date.
Remarks:
/s/ Sean Leslie 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 transactions did SunCoke Energy (SXC) report for Phillip Michael Hardesty?

SunCoke’s Senior Vice President Phillip Michael Hardesty reported multiple equity award events, including RSU and PSU conversions into common stock, a new RSU grant, and share withholdings used to cover tax obligations tied to these vestings over February 19–24, 2026.

How many restricted stock units did SXC grant to Phillip Hardesty in February 2026?

Phillip Hardesty received a grant of 39,981 RSUs on February 19, 2026. These restricted stock units convert 1‑for‑1 into SunCoke common shares and vest in three equal annual installments on the first, second, and third anniversaries of the grant date.

Were the SunCoke (SXC) insider Form 4 transactions open-market sales of stock?

The dispositions reported used code F and reflect shares withheld by SunCoke to satisfy minimum statutory tax withholding requirements on RSU and PSU vesting, at prices like $5.88 and $6.22 per share, rather than discretionary open‑market stock sales by Phillip Hardesty.

What does the PSU settlement reported by SunCoke (SXC) for Phillip Hardesty represent?

A transaction for 10,695 common shares represents settlement of a performance share unit (PSU) award granted on February 23, 2023. After a three‑year vesting period, the PSU settled in SunCoke common stock, net of shares withheld for statutory tax obligations.

What is Phillip Hardesty’s SunCoke (SXC) share ownership after these Form 4 transactions?

Following the reported RSU grants, PSU settlement, conversions, and tax‑withholding share dispositions, Phillip Michael Hardesty directly owned 286,177 shares of SunCoke Energy common stock, as reflected in the most recent post‑transaction ownership figure in the Form 4 data.

How are the new RSUs for SunCoke (SXC) insider Phillip Hardesty structured?

The 39,981 RSUs granted to Phillip Hardesty convert 1‑for‑1 into common shares and were awarded under SunCoke’s Omnibus Long‑Term Incentive Plan. They vest in three equal annual installments starting one year after the February 19, 2026 grant date.