Yorktown XI Associates LLC 4

What Happened

• Yorktown XI Associates LLC (a reporting entity associated with a 10% owner) sold a total of 10,465 shares of Ramaco Resources, Inc. (METC) in two transactions. The filings show 8,168 shares sold on 2026-03-27 for a weighted average price of $10.93 (proceeds ≈ $89,298) and 2,297 shares sold on 2026-03-30 for a weighted average price of $10.34 (proceeds ≈ $23,747). Total proceeds across both sales ≈ $113,045. These were disposals (sales), which are generally considered routine for institutional holders rather than a purchase/bullish signal.

Key Details

• Transaction dates and reported prices:
  • 2026-03-27: 8,168 shares, weighted-average price $10.93, proceeds ≈ $89,298 (price range per footnote: $10.55–$11.285).
  • 2026-03-30: 2,297 shares, weighted-average price $10.34, proceeds ≈ $23,747 (price range per footnote: $10.06–$10.6975).
• Total shares sold: 10,465; total proceeds: ≈ $113,045.
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Notable footnotes:
  • F1: Reporting person disclaims beneficial ownership except for pecuniary interest.
  • F2/F3: Prices shown are weighted averages; sales occurred at multiple prices within the ranges noted and the filer will provide a breakdown on request.
  • F4: Securities are owned directly by Yorktown Energy Partners XI L.P.; the reporting person is the GP of the GP (i.e., institutional ownership structure).
• Timeliness: Filing dated 2026-03-31 covering trades on Mar 27 and Mar 30 appears to be timely (filed within the SEC’s reporting window).

Context

• This filing reflects institutional selling by a 10% owner entity (Yorktown XI), not an individual executive. Such sales can be routine portfolio or liquidity actions and do not by themselves indicate the company’s future performance. The filing’s footnotes clarify ownership structure and that the reported prices are weighted averages from multiple executions.