Chopin Brian M 4
Research Summary
AI-generated summary
Warrior Met (HCC) Chief Accounting Officer Brian Chopin Receives RSUs
What Happened
- Brian M. Chopin, Chief Accounting Officer of Warrior Met Coal, had time‑based RSUs vest and convert into 876 shares of common stock on February 8, 2026 (reported on Form 4 filed Feb 10, 2026). The conversion entries are recorded as derivative exercises (code M) at $0.00 per share.
- To cover tax withholding, 374 shares were withheld/disposed (codes F) at a reported value of $89.05 per share, totaling $33,305 (223 shares = $19,858 and 151 shares = $13,447). After withholding, the reporting person received a net 502 shares (876 acquired − 374 withheld).
Key Details
- Transaction date: 2026-02-08; Form 4 filed: 2026-02-10 (timely within 2 business days).
- Acquisition entries: 522 and 354 shares at $0.00 (conversion of RSU derivatives).
- Withholding/disposal entries: 223 and 151 shares at $89.05 each; total withheld value ≈ $33,305.
- Net new shares retained by insider: 502.
- Shares owned after transaction: not specified in the filing.
- Footnotes: RSU vesting/settlement under Warrior Met Coal, Inc. 2017 Equity Incentive Plan; vesting schedules referenced for grants dated Feb 8, 2023 (F3), Feb 8, 2024 (F4), and Feb 10, 2025 (F5). F2 notes the share withholding for taxes.
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of exercise price or tax liability (share withholding).
Context
- These entries reflect routine RSU vesting and a cashless tax withholding (shares used to pay taxes), not an open‑market sale or purchase decision. The derivative "disposed" entries indicate the RSU awards were converted/terminated upon settlement. Such tax‑withholding dispositions are common and do not necessarily signal the insider’s view on the stock.