Lawrence Bryan H. 4

What Happened

• Lawrence H. Bryan, a director of Ramaco Resources, sold a total of 20,115 shares in open-market disposals on March 5, 2026. The filing reports a weighted-average sale price of $15.18 per share (sales ranged $15.00–$15.60), producing total proceeds of about $305,328.
• The reported transactions break down as: 6,637 shares for $100,744; 5,363 shares for $81,406; and 8,115 shares for $123,178. These were outright sales (not purchases or option exercises) and generally represent routine dispositions rather than a bullish signal.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (appears to be within the required reporting window).
• Price: weighted average $15.18; range $15.00 to $15.60 (multiple trades; weighted average rounded).
• Total sold: 20,115 shares for total proceeds of ≈ $305,328.
• Shares owned after transaction: not specified in the reported excerpt; filing notes these securities are owned directly by Yorktown IX, X, and XI entities (see footnotes).
• Notable footnotes:
  • F1: Reporting person disclaims beneficial ownership except to extent of pecuniary interest.
  • F2: Price is weighted average; sales occurred across the stated price range.
  • F3–F5: Securities are held directly by Yorktown IX, X, and XI entities; Bryan is a member/manager of the related general partner entities.
  • F6: Correction to a prior Form 4 (Mar 27, 2025) misstated a Yorktown IX ending balance due to a mathematical error.

Context

• These sales were executed by or on behalf of Yorktown entities for which Bryan is a manager/member, so they may reflect fund/investment-vehicle activity rather than personal trading. The filing includes a disclaimer that Bryan does not claim beneficial ownership except for pecuniary interest. As always, sales do not by themselves indicate the insider’s view of the company’s long-term prospects.