Carnes Martha Z. 4

What Happened

• Martha Z. Carnes, a director of SunCoke Energy, Inc. (SXC), received a grant of 21,652 restricted share units (RSUs) on 2026-05-14. The reported acquisition price is $0.00 (i.e., awarded as compensation). These RSUs are derivative awards and will be settled in common stock following termination of her board service; the conversion rate is 1-for-1.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18.
• Award type/code: A (Grant/Award of derivative RSUs); amount: 21,652 RSUs; reported price: $0.00.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes: Award made under SunCoke’s Omnibus Long-Term Incentive Plan and exempt under Rule 16b-3 (F1). Conversion rate 1-for-1 (F2). F3 not applicable.
• Filing timing: Form filed four days after the transaction date; insiders normally must file Form 4 within two business days of a reportable transaction.

Context

• These RSUs are a compensation award for a director and are not an open-market purchase or sale. They do not represent immediate ownership of common shares until settled (upon end of board service) and therefore are not a direct bullish or bearish trading signal by themselves. Rule 16b-3 exemption is a common procedural provision for equity awards to company insiders.