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|4Feb 2, 4:10 PM ET

Atkins Randall Whittaker 4

Research Summary

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Ramaco (METC) CEO Randall Atkins Exercises Awards, Sells Shares

What Happened

  • Randall Whittaker Atkins, CEO of Ramaco Resources (METC), had multiple performance stock units (PSUs) and restricted stock units (RSUs) vest on Jan 30, 2026. The Compensation Committee certified performance at 200% for the 2023–2025 period, triggering vesting of 144,704 Class A PSUs and 28,941 Class B PSUs (footnote 1/8/10).
  • Gross vesting included several tranches of RSUs/PSUs (totaling roughly 695,466 shares based on the filing’s listed conversions and awards). To satisfy tax withholding, Atkins surrendered 205,336 shares (disposed) at prices ranging from $12.43 to $19.97, producing proceeds of approximately $3.86 million. Many entries are zero-dollar derivative conversions or award credits (vesting) rather than cash purchases.

Key Details

  • Transaction date: January 30, 2026; Form 4 filed February 2, 2026 (timely).
  • Withheld/surrendered for taxes: 205,336 shares for a total of ~$3,862,477 (breakdown includes 113,882 and 59,878 shares at $19.97; 22,777, 3,796 and 5,003 shares at $12.43).
  • Major vesting: 144,704 Class A PSUs and 28,941 Class B PSUs vested at 200% of target (per Committee certification).
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Notable footnotes: F1 (200% certification / extra vesting), F2 & F15 (shares surrendered to satisfy tax obligations based on Jan 29, 2026 closing prices), F7–F12, F13 (dividend equivalents included), F16–F17 (stock dividends included in amounts).

Context

  • These were not open-market purchases — they were equity awards (PSUs/RSUs) that vested and were converted into shares. The subsequent surrender of shares to cover tax liabilities is a routine withholding event, sometimes called a cashless settlement or share-for-tax withholding; it does not necessarily indicate a discretionary sell decision by the insider.
  • For retail investors: this filing shows significant equity compensation being realized by the CEO due to above-target performance, with routine tax-withholding disposals totaling roughly $3.86M.