SCHELLER WALTER J 4

What Happened Walter J. Scheller, CEO of Warrior Met Coal (HCC), had time‑based restricted stock units (RSUs) vest and convert into common shares on February 8, 2026. A total of 9,930 shares were issued (5,956 + 3,974). To satisfy tax withholding, 4,448 shares were withheld (2,686 and 1,762) at a reported value of $89.05 per share, totaling $396,094. The net increase in Scheller’s shares from this vesting event was 5,482 shares.

Key Details

• Transaction dates: February 8, 2026; Form 4 filed Feb 10, 2026 (timely).
• Acquisitions: 5,956 and 3,974 shares reported as exercise/conversion of derivatives (RSU settlement) at $0 per share.
• Withholding/Dispositions: 2,686 shares ($239,188) and 1,762 shares ($156,906) withheld at $89.05/share to cover taxes (total ~$396,094).
• Net new shares received: 9,930 issued − 4,448 withheld = 5,482 shares.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = RSU vest/settlement; F2 = withholding for taxes; F3–F5 = grant dates and standard multi‑year vest schedules (Feb 8, 2023; Feb 8, 2024; Feb 10, 2025).

Context

• This was a vesting/settlement of previously granted RSUs, not an open‑market buy or sell. Withholding shares to cover taxes is a routine administrative step (cashless/net settlement) and does not necessarily indicate a change in insider sentiment.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion here); F = shares withheld for tax obligations.