Ramaco (METC) Director Lawrence Bryan Disposes 1,000,000, Receives 13,634

What Happened

• Lawrence H. Bryan, a director of Ramaco Resources, reported two related transactions dated August 25, 2026: a disposition of 1,000,000 shares (code J, $0.00 per share) and an acquisition of 13,634 shares (code J, $0.00 per share). Both entries show $0 total value, consistent with in-kind or pro rata distributions rather than an open-market cash trade. The net reported change is a reduction of 986,366 shares.

Key Details

• Transaction date(s): 2026-08-25; Form 4 filed: 2026-08-28.
• Prices and values: both entries listed at $0.00 per share (total $0) — indicating distributions/transfers, not purchases/sales for cash.
• Shares owned after transaction: not specified in this filing.
• Footnotes: transactions are described as pro rata distributions from Yorktown Energy Partners funds (see F1). The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest (F2). Additional footnotes (F3–F5) explain that the securities are owned directly by Yorktown partnership entities and that Bryan is a member/manager of the related general-partner entities.
• Filing timeliness: Form filed Aug 28 for Aug 25 transactions; the filing shows no separate late-filing notation in the report.

Context

• Code J on Form 4 is used for "other acquisition or disposition." Here it appears the shares were distributed or transferred through investment fund structures (Yorktown partnerships), not sold on the open market. Because Bryan disclaims beneficial ownership of the partnership-owned shares except for any pecuniary interest, these entries reflect fund-level movements rather than a straightforward personal buy or sell by an individual executive.