Director and Secretary Jenkins Evan H covered exercise/tax liability with 2,924 shares, converted options into 4,400 shares, converted options into 108 units of Class B common stock and covered exercise/tax liability with 34 units of Class B common stock, decreasing direct ownership by 96% to 959 units (SEC Form 4)
$METCB
Coal Mining
Energy
| 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 |
|
|||||||||||||||
| 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*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
Ramaco Resources, Inc. [ METC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 01/30/2026 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| 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) | 1,533 | D | $19.97 | 20,314.782 | D | |||
| Class A common stock | 01/30/2026 | M(2) | 4,400 | A | $0 | 24,714.782 | D | |||
| Class A common stock | 01/30/2026 | F(3) | 1,391 | D | $19.97 | 23,323.782 | D | |||
| Class B common stock | 01/30/2026 | M(5) | 108 | A | $0 | 993(4) | D | |||
| Class B common stock | 01/30/2026 | F(6) | 34 | D | $12.43 | 959 | 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 | ||||||||
| Restricted Stock Units | $0(7) | 01/30/2026 | M(2) | 4,400 | (2) | (2) | Class A common stock | 4,400 | $0 | 8,800(8) | D | ||||
| Dividend Equivalent Units | $0(5) | 01/30/2026 | M | 108 | (5) | (5) | Class B common stock | 108 | $0 | 0 | D | ||||
| Explanation of Responses: |
| 1. On February 12, 2024, the Reporting Person received a restricted stock grant of 14,552 shares (the "February Grant") under the Ramaco Resources, Inc. 's (the "Company") 2017 Long Term Incentive Plan. The second of three annual installments under the February Grant vested on January 30, 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 February 29, 2024 under the Company's Long Term Incentive Plan vested on January 31, 2025. 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 four stock dividends paid in Class B common stock 1) declared on December 5, 2024 and paid on March 14, 2025, 2) declared on March 17, 2025 and paid on June 13, 2025, 3) declared on August 22, 2025 and paid on September 19, 2025, and 4) declared on November 14, 2025 and paid on December 5, 2025 the reporting person received a total of 562 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. |
| 8. The reporting person's February 25, 2025 Form 4 related to the Reporting Person's February 24, 2025 grant of restricted stock units incorrectly listed his award as 39,599 restricted stock units. The correct award was 13,200 restricted stock units. The listed amount reflects the number of restricted stock units remaining to vest in the next two annual installments. |
| Remarks: |
| /s/ Jonathan T Adkins, Attorney in Fact | 02/02/2026 | |
| ** 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. | ||