Lawrence Bryan H. 4

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.