Schnorr Lisa M. 4

What Happened

• Lisa M. Schnorr, a director of Warrior Met Coal, Inc. (HCC), had 2,534 restricted stock units (RSUs) register as an exercise/conversion of a derivative on 2026-04-23. The reported acquisition price is $0.00, and an equivalent derivative disposition of 2,534 units is also reported. No cash changed hands; this reflects vesting/conversion activity under a deferral election rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-04-23. Filing date: 2026-04-27 (filed 4 days after the transaction; Form 4 is generally due within two business days, so this may be late).
• Reported amounts: 2,534 shares recorded as acquired (derivative) at $0.00 and 2,534 shares recorded as disposed (derivative) at $0.00. No dollar value exchanged.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1–F3 explain these were RSUs that vested and will be settled in shares upon the reporting person’s termination of service according to an irrevocable deferral election. The RSUs originate from the company’s 2017 and 2026 Equity Incentive Plans with specified vesting schedules.

Context

• Code M (exercise or conversion of derivative) here signals vesting/conversion of RSUs, not a market sale or purchase. Because of the director’s irrevocable deferral election, vested units are deferred for later settlement upon termination—this is a common compensation/deferral mechanics item rather than a signal of buying or selling intent.
• For retail investors: purchases (open-market buys) tend to carry clearer bullish signals. Vesting and deferral filings like this are routine and primarily administrative; interpret accordingly.