Jenkins Evan H 4

What Happened

• Evan H. Jenkins, a director and the company secretary of Ramaco Resources, had restricted stock units convert/vest on January 30, 2026, resulting in 4,508 shares issued to him (4,400 + 108). To satisfy tax withholding obligations, Jenkins surrendered 2,958 shares (1,533 + 1,391 + 34) at closing prices used for withholding, generating proceeds of about $58,815 ($30,614 + $27,778 + $423). The underlying conversions are recorded as derivative exercises (code M) and the share surrenders are recorded as tax withholding dispositions (code F).

Key Details

• Transaction date: January 30, 2026; Form 4 filed February 2, 2026 (timely within SEC 2-business-day requirement).
• Vesting/Conversion: 4,508 shares converted from restricted stock units (4,400 and 108).
• Shares surrendered for taxes: 2,958 shares total; withholding prices used were $19.97 (majority) and $12.43.
• Cash impact shown: surrendered shares valued at ~$58,815 (per the filing amounts).
• Footnotes: Vesting tied to prior restricted stock grants (Feb 2024 grant of 14,552 shares; second of three installments vested). Dividend-equivalent shares and prior stock-dividend adjustments (562 Class B shares) are included per filings. Footnotes confirm surrendered shares were solely for tax withholding.
• Shares owned after transaction: not specified in the excerpt provided.

Context

• This appears to be routine vesting of RSUs with a common "share surrender" (tax withholding) rather than an open-market sale. The derivative-code entries (M) reflect conversion/vesting of units into shares (no exercise price), and the F-code disposals are shares withheld to satisfy tax obligations — not a market sell signal.