Gant Kelli K. 4
Research Summary
AI-generated summary
Warrior Met (HCC) Kelli Gant Receives RSUs, Withholds Shares
What Happened
Kelli K. Gant (reporting person) had time‑based restricted stock units (RSUs) vest and convert into 2,996 shares of Warrior Met Coal, Inc. common stock on February 8, 2026. To satisfy tax withholding obligations, 1,406 of those shares were withheld/disposed at $89.05 per share, generating proceeds of $125,204. The remaining vested shares were issued to the reporting person (net shares retained after withholding).
Key Details
- Transaction date: February 8, 2026; Form 4 filed February 10, 2026 (timely).
- Convertible/derivative conversion (code M): 1,815 and 1,181 RSUs converted into common stock (total 2,996 shares).
- Tax withholding/payment (code F): 882 shares withheld at $89.05 = $78,542; 524 shares withheld at $89.05 = $46,662. Total tax withholding value = $125,204.
- Footnotes: RSUs were granted under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan. The grants vest in equal installments over three anniversaries of their grant dates (noted grant dates include Feb 8, 2023; Feb 8, 2024; and Feb 10, 2025).
- Shares owned after the transaction: not specified in the provided filing details.
- Transaction codes explained: M = exercise/conversion of derivative (RSU settlement); F = shares withheld/used to pay tax liability.
Context
- This was a routine RSU vesting and settlement event, with a cashless-like withholding of shares to satisfy tax obligations rather than an open‑market sale. Such withholding is common and does not necessarily signal the insider’s view on the company’s stock.
- No 10b5‑1 plan, gift, or open‑market purchase/sale was reported in the provided details.