Ramaco Resources Inc.

02/02/2026 | Press release | Distributed by Public on 02/02/2026 15:10

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
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 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Jones Estill Forrest Jr.
2. Issuer Name and Ticker or Trading Symbol
Ramaco Resources, Inc. [METC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
General Counsel
(Last) (First) (Middle)
1331 TURLEY ROAD
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
(Street)
CHARLESTON, WV 25314
4. If Amendment, Date 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
(City) (State) (Zip)
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 01/30/2026 F(1) 3,342 D $19.97 57,245 D
Class A common stock 01/30/2026 M(2) 3,100 A $ 0 60,345 D
Class A common stock 01/30/2026 F(3) 981 D $19.97 59,364 D
Class B common stock 01/30/2026 M(5) 76 A $ 0 12,754(4) D
Class B common stock 01/30/2026 F(6) 24 D $12.43 12,730 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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
Restricted Stock Units (7) 01/30/2026 M(2) 3,100 (2) (2) Class A common stock 3,100 $ 0 6,200 D
Dividend Equivalent Units (5) 01/30/2026 M 76 (5) (5) Class B common stock 76 $ 0 0 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jones Estill Forrest Jr.
1331 TURLEY ROAD
CHARLESTON, WV 25314
General Counsel

Signatures

/s/ Jonathan T Adkins, Attorney in Fact 02/02/2026
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) On February 24, 2025, the Reporting Person received a restricted stock grant of 10,560 shares (the "February Grant") under the Ramaco Resources, Inc.'s (the "Company") 2017 Long Term Incentive Plan. The full award under the February Grant vested on January 31, 2026. Amount reflects shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class A common stock on January 29, 2026.
(2) The first installment of restricted stock units granted on May 1, 2025 under the Company's Long Term Incentive Plan vested on January 30, 2026. Two annual installments remain from this grant.
(3) Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class A common stock on January 29, 2026.
(4) As a result of the three common stock dividends paid in Class B common stock since the reporting person's last filing 1) declared on March 17, 2025 and paid on June 13, 2025, 2) declared on August 22, 2025 and paid on September 19, 2025, and 3) declared on November 14, 2025 and paid on December 5, 2025 the reporting person received a total of 886 shares of Class B common Stock, which are included in the reported amount.
(5) Dividend equivalent units underlying the first tranche of restricted stock units listed above with respect to Class A common stock and with respect to Class B common stock. See footnote 4 for further detail.
(6) Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class B common stock on January 29, 2026.
(7) Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Ramaco Resources Inc. published this content on February 02, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 02, 2026 at 21:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]