SCHUMACHER ALAN H 4
Research Summary
AI-generated summary
Warrior Met (HCC) Director Alan Schumacher Exercises RSUs
What Happened
- Alan H. Schumacher, a director of Warrior Met Coal, had 2,534 derivative awards (restricted stock units) reported as exercised/converted on April 23, 2026. The filing shows an acquisition of 2,534 shares at $0.00 and a corresponding disposition of the derivative instrument at $0.00. No cash changed hands and this was not an open-market purchase or sale.
Key Details
- Transaction date: April 23, 2026; reported on Form 4 filed Apr 27, 2026 (see filing accession 0001264230-26-000004).
- Reported price: $0.00 per share (conversion/vesting event, not a purchase).
- Shares involved: 2,534 RSUs converted/exercised (and the derivative instrument disposed) on the same date.
- Shares owned after transaction: not specified in the provided extract—see the full Form 4 for total beneficial ownership.
- Notable footnotes:
- F1: These entries reflect RSU vesting that will be settled in shares one-for-one upon the reporting person’s termination of service per an irrevocable deferral election.
- F2/F3: RSUs granted under the 2017 and 2026 Equity Incentive Plans; vesting schedules referenced (first anniversaries of grant dates).
- This was not a market sale or purchase—it's a conversion/vesting event reported for compliance.
Context
- For retail investors: this filing documents a vesting/conversion of deferred RSUs rather than a buy or sell that indicates immediate insider sentiment. Because settlement of these units is deferred until the director’s termination (per the deferral election), there was no immediate transfer of tradable shares or proceeds.