HARVEY J BRETT 4
4 · WARRIOR MET COAL, INC. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Warrior Met (HCC) Director Harvey J. Brett Converts 3,041 RSUs
What Happened
Harvey J. Brett, a director of Warrior Met Coal, reported the exercise/conversion of a derivative resulting in 3,041 shares being acquired and simultaneously disposed on April 23, 2026 (transaction code M). The filing shows a $0.00 per-share price and $0 total cash value, which reflects the conversion/settlement of restricted stock units (RSUs) rather than a market purchase or sale. According to the filing footnotes, the RSUs vest and will be settled in shares in accordance with the director’s irrevocable deferral election.
Key Details
- Transaction date: 2026-04-23; Form 4 filed: 2026-04-27 (timely filing).
- Reported price: $0.00; reported total value: $0.
- Shares reported: 3,041 acquired and 3,041 disposed (reflecting conversion/deferral).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: RSUs relate to grants under the company’s 2017 and 2026 Equity Incentive Plans and are settled in shares upon the reporting person’s termination per an irrevocable deferral election (see F1–F3).
- Transaction code M indicates exercise/conversion of a derivative (here, RSU conversion); no open-market sale occurred.
Context
This was an administrative conversion/settlement of vested RSUs into shares that were immediately deferred under an election — not a cash sale or an open-market buy. Such derivative conversions are routine and do not by themselves signal insider buying or selling intent.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-23+3,041→ 43,001 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-04-23−3,041→ 0 total→ Common Stock (3,041 underlying)
- 1,708
Restricted Stock Units
[F3]→ Common Stock (1,708 underlying)
Footnotes (3)
- [F1]Represents the vesting of restricted stock units, which settle in shares of common stock on a one-for-one basis upon the reporting person's termination of service as a director in accordance with the reporting person's irrevocable deferral election.
- [F2]The restricted stock units were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in full on the first anniversary of April 23, 2025, the date of grant, and will be settled in shares of common stock upon the reporting person's termination of service as a director in accordance with the reporting person's irrevocable deferral election.
- [F3]The restricted stock units were granted to the reporting person under the Warrior Met Coal, Inc. 2026 Equity Incentive Plan, and vest in full on the first anniversary of April 20, 2026, the date of grant, and will be settled in shares of common stock upon the reporting person's termination of service as a director in accordance with the reporting person's irrevocable deferral election.