02/02/2026 | Press release | Distributed by Public on 02/02/2026 15:10
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FORM 4
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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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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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) |
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| 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 Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Jones Estill Forrest Jr. 1331 TURLEY ROAD CHARLESTON, WV 25314 |
General Counsel | |||
| /s/ Jonathan T Adkins, Attorney in Fact | 02/02/2026 | |
| **Signature of Reporting Person | Date |
| * | 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. |