WARRIOR MET COAL, INC.·4

Apr 22, 6:27 PM ET

Schnorr Lisa M. 4

Research Summary

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Warrior Met (HCC) Director Lisa M. Schnorr Receives RSU Award

What Happened

  • Lisa M. Schnorr, a director of Warrior Met Coal, Inc. (HCC), received a grant of 1,423 restricted stock units (RSUs) reported as a derivative award on 2026-04-20. The RSUs were issued at $0.00 per unit (no cash exchanged) and are recorded as an award (transaction code A).

Key Details

  • Transaction date: 2026-04-20; reported on Form 4 filed 2026-04-22 (timely).
  • Award size and price: 1,423 RSUs; reported price $0.00 (derivative grant), total cash consideration $0.
  • Shares owned after transaction: not disclosed in this filing.
  • Footnotes (as reported):
    • F1: These RSUs were granted under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan and vest in full on the first anniversary of April 23, 2025; settlement in shares occurs upon the reporting person's termination of service as a director per an irrevocable deferral election.
    • F2: These RSUs were granted under the Warrior Met Coal, Inc. 2026 Equity Incentive Plan and vest in full on the first anniversary of April 20, 2026; settlement in shares occurs upon the reporting person's termination of service as a director per an irrevocable deferral election.
  • Transaction code: A = Award/Grant; no 10b5-1 plan or tax-withholding sale noted.

Context

  • RSU grants are a form of compensation and do not represent an open-market purchase or sale; they convert to common stock under the vesting/settlement terms above (here, settlement is tied to termination per the deferral election).
  • Because this is a compensatory derivative award to a director, it is generally considered routine corporate compensation rather than a direct market sentiment signal.