Lawrence Bryan H. 4
Research Summary
AI-generated summary
Ramaco (METC) Director Lawrence Bryan H. Sells 207,591 Shares
What Happened
- Lawrence Bryan H., a director of Ramaco Resources, sold a total of 207,591 shares in open‑market transactions on March 27 and March 30, 2026. The combined proceeds were about $3.05 million.
- Major blocks: 59,350, 47,968 and 72,567 shares were sold at a reported weighted average of $15.31 per share (three lots on Mar 27). Smaller lots were sold at reported weighted averages of $10.93 (three lots on Mar 27) and $10.34 (three lots on Mar 30).
Key Details
- Dates and prices:
- 2026-03-27: sales of 59,350; 47,968; 72,567 shares at $15.31 (weighted avg) — combined ≈$2.75M for these three lots.
- 2026-03-27: sales of 8,059; 5,398; 8,168 shares at $10.93 (weighted avg) — ≈$236,420 combined.
- 2026-03-30: sales of 2,266; 1,518; 2,297 shares at $10.34 (weighted avg) — ≈$62,866 combined.
- Total sold: 207,591 shares for approximately $3,052,894.
- Footnote highlights:
- F1: The reporting person disclaims beneficial ownership except to the extent of a pecuniary interest.
- F2–F4: Reported prices ($15.31, $10.93, $10.34) are weighted averages; the actual sales occurred across price ranges (≈$13.97–$15.7783; $10.55–$11.285; $10.06–$10.6975). The filer offers to provide per‑price breakdowns on request.
- F5–F7: The securities are owned directly by Yorktown Energy Partners IX, X and XI (partnerships); the reporting person is a member/manager of the general partner entities — i.e., these trades involve institutional partnership holdings, not direct personal transfers.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed March 31, 2026 covering trades on March 27 and March 30; this appears to be a timely filing.
Context
- These transactions are sales (code S). Sales by insiders or related funds are common and can reflect routine liquidity needs or portfolio management; they do not by themselves indicate the director’s view of the company’s prospects.
- Because the shares are owned by Yorktown partnership entities (per F5–F7) and the reporting person is a GP representative, this is institutional/partner-level selling rather than necessarily a direct personal sale.