Lawrence Bryan H. 4
4 · Ramaco Resources, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Ramaco (METC) Director Lawrence Bryan H. Sells Shares
What Happened
Lawrence Bryan H., a director of Ramaco Resources, sold a total of 424,704 shares of Ramaco common stock in multiple open‑market transactions from March 24–26, 2026. The disposals included several smaller lots at weighted average prices near $10.78–$11.58 and three larger sets of shares (65,989; 53,328; 80,683) sold on March 25 at a weighted average of $14.06 and again on March 26 at a weighted average of $13.67. Total reported proceeds across all sales were approximately $5.82 million. These were outright sales (transaction code S).
Key Details
- Transaction dates: March 24–26, 2026. Filing date: March 26, 2026 (appears timely).
- Total shares sold: 424,704; total proceeds: ~$5,823,988.
- Price details: smaller lots at weighted averages of $11.58, $11.24 and $10.78 (ranges reported in footnotes); larger lots at weighted averages $14.06 (3/25) and $13.67 (3/26). Footnotes indicate the reported prices are weighted averages across multiple trade prices.
- Ownership notes: Several footnotes (F10–F12) state these shares are owned directly by Yorktown Energy Partners IX, X and XI, L.P., and the reporting person is a member/manager of affiliated GP entities; F1 disclaims beneficial ownership except for pecuniary interest.
- Shares owned after the transactions: not specified in the Form 4 filing.
- No option exercises, awards, or gifts reported — all transactions are sales (S).
Context
- These are open‑market sales, which are often routine liquidity transactions; filings are factual disclosures and do not indicate the insider’s motivation.
- The filing’s footnotes note weighted‑average price ranges and provide that the reporting person can supply the breakdown of the individual trade prices on request.
- Because the sales are reported as owned by Yorktown funds (institutional entities) and the reporter disclaims beneficial ownership beyond pecuniary interest, these trades reflect activity by affiliated investment vehicles rather than a pure personal trading decision.
Insider Transaction Report
- Sale
Class B Common Stock, par value $0.01 per share
[F1][F2][F7][F10]2026-03-24$11.58/sh−3,020$34,958→ 1,232,829 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F2][F8][F11]2026-03-24$11.58/sh−2,023$23,417→ 825,853 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F2][F9][F12]2026-03-24$11.58/sh−3,060$35,421→ 1,249,467 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F3][F10]2026-03-25$11.24/sh−3,823$42,961→ 1,229,006 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F3][F11]2026-03-25$11.24/sh−2,561$28,779→ 823,292 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F3][F12]2026-03-25$11.24/sh−3,874$43,534→ 1,245,593 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F4][F10]2026-03-26$10.78/sh−2,364$25,492→ 1,226,642 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F4][F11]2026-03-26$10.78/sh−1,583$17,070→ 821,709 total(indirect: See Footnote) - Sale
Class B Common Stock, par value $0.01 per share
[F1][F4][F12]2026-03-26$10.78/sh−2,396$25,837→ 1,243,197 total(indirect: See Footnote) - Sale
Class A Common Stock, par value $0.01 per share
[F1][F5][F10]2026-03-25$14.06/sh−65,989$927,838→ 2,562,586 total(indirect: See Footnote) - Sale
Class A Common Stock, par value $0.01 per share
[F1][F5][F11]2026-03-25$14.06/sh−53,328$749,818→ 2,070,942 total(indirect: See Footnote) - Sale
Class A Common Stock, par value $0.01 per share
[F1][F5][F12]2026-03-25$14.06/sh−80,683$1,134,443→ 3,133,218 total(indirect: See Footnote) - Sale
Class A Common Stock, par value $0.01 per share
[F1][F6][F10]2026-03-26$13.67/sh−65,989$902,208→ 2,496,597 total(indirect: See Footnote) - Sale
Class A Common Stock, par value $0.01 per share
[F1][F6][F11]2026-03-26$13.67/sh−53,328$729,106→ 2,017,614 total(indirect: See Footnote) - Sale
Class A Common Stock, par value $0.01 per share
[F1][F6][F12]2026-03-26$13.67/sh−80,683$1,103,106→ 3,052,535 total(indirect: See Footnote)
- 134,877
Class A Common Stock, par value $0.01 per share
Footnotes (12)
- [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
- [F10]These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the General Partner of Yorktown IX.
- [F11]11 These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the General Partner of Yorktown X.
- [F12]12 These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the General Partner of Yorktown XI.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.20 to $11.91, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points. The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3), (4), (5) and (6).
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.92, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $11.325, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.80 to $14.35, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F6]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.335 to $14.04, inclusive. The weighted-average sale price reflected has been rounded to 4 decimal points.
- [F7]Reflects 220,074 shares of common stock received by the reporting person as payment-in-kind dividends on Series A Preferred Stock and Series B Preferred Stock exempt from reporting under Rule 16a-9(a).
- [F8]Reflects 159,153 shares of common stock received by the reporting person as payment-in-kind dividends on Series A Preferred Stock and Series B Preferred Stock exempt from reporting under Rule 16a-9(a).
- [F9]Reflects 240,791 shares of common stock received by the reporting person as payment-in-kind dividends on Series A Preferred Stock and Series B Preferred Stock exempt from reporting under Rule 16a-9(a).