Yorktown Energy Partners XI, L.P. 4

What Happened
Yorktown Energy Partners XI, L.P., a 10% owner of Ramaco Resources, sold a total of 10,465 shares of Ramaco Resources, Inc. (METC) in two open-market transactions. On 2026-03-27 it sold 8,168 shares at a reported weighted-average price of $10.93 for proceeds of $89,298, and on 2026-03-30 it sold 2,297 shares at a reported weighted-average price of $10.34 for proceeds of $23,747 — roughly $113,045 total. These were sales (not purchases) by an institutional 10% holder, which are often portfolio-management or liquidity transactions rather than signals about company fundamentals.

Key Details

• Transaction dates and reported prices:
  • 2026-03-27: 8,168 shares sold, weighted-average price $10.93, proceeds $89,298 (see F1)
  • 2026-03-30: 2,297 shares sold, weighted-average price $10.34, proceeds $23,747 (see F2)
• Total shares sold: 10,465; total proceeds ≈ $113,045.
• Shares owned after the transaction: not specified in the excerpt provided.
• Footnotes:
  • F1: 3/27 sale price is a weighted average; individual trade prices ranged $10.55–$11.285. The filer can provide the breakdown on request.
  • F2: 3/30 sale price is a weighted average; individual trade prices ranged $10.06–$10.6975.
• Filing timeliness: Form 4 was filed on 2026-03-31 for trades on 3/27 and 3/30. The filing does not indicate a late-report flag; Form 4s are generally due within two business days.

Context

• This was an institutional sale by a 10% owner, not an insider executive. Such sales are commonly for portfolio rebalancing or liquidity and do not necessarily reflect management sentiment about the company.
• For retail investors, purchases by insiders often carry more informational weight than routine sales; treat this institutional sale as data, not a buy/sell recommendation.