Kreutzer James Scott 4

What Happened

• James Scott Kreutzer, EVP Western Operations of Ramaco Resources (METC), had multiple performance and restricted equity awards vest on January 30, 2026. The filing shows he acquired/converted a total of 112,227 shares (from vested performance stock units and restricted stock units) and surrendered 39,347 shares to satisfy tax withholding obligations, resulting in cash proceeds of about $738,679.
• The surrendered shares were disposed via tax withholding at two prices: 33,103 shares at $19.97 (proceeds $661,067) and 6,244 shares at $12.43 (proceeds $77,613). Many of the other derivative conversions are reported with $0 cash value because they reflect the vesting/conversion of units rather than an open-market sale.

Key Details

• Transaction date: January 30, 2026; Form 4 filed Feb 2, 2026 (timely).
• Total shares acquired/vested (conversion of performance/restricted units): 112,227 shares.
• Shares surrendered to cover taxes (F code): 39,347 shares for ~$738,679 in proceeds.
• Transaction types reported: M = exercise/conversion of derivative awards, A = grant/award (vesting), F = shares surrendered to satisfy tax liabilities (withholding).
• Notable footnotes: Compensation Committee certified performance at 200%, triggering additional vesting of 23,970 Class A PSUs and 4,794 Class B PSUs. Some restricted awards from prior grants also vested; numbers surrendered were based on closing prices on Jan 29, 2026.
• Shares owned after these transactions: not specified in the provided filing details.

Context

• This was a routine vesting/cashless-withholding event, not an open-market purchase. The director/officer did not appear to meaningfully reduce holdings beyond the shares withheld for taxes; tax withholding (F) is common and does not necessarily signal a view on the company’s prospects.
• For clarity: M = exercised/converted equity units into shares; F = shares withheld/surrendered to pay tax obligations; A = award/vesting of equity units.