Gant Kelli K. 4

What Happened

• Kelli K. Gant, Chief Administrative Officer and Corporate Secretary of Warrior Met Coal (HCC), received vested restricted stock units (RSUs) and related share conversions on Feb 9–10, 2026.
• On Feb 9 she was issued 26,606 shares from performance‑based RSUs (no cash paid). Of those, 11,801 shares were withheld to cover tax liabilities (value reported: $1,109,294). On Feb 10 an additional 1,438 time‑based RSUs converted into shares; 638 of those were withheld for taxes (value reported: $57,618).
• Net result: 28,044 shares were issued by vesting/conversion (26,606 + 1,438), 12,439 shares were withheld for taxes (11,801 + 638) — leaving a net of 15,605 shares delivered to Gant. Total tax‑withholding value reported ≈ $1,166,912.

Key Details

• Transaction dates: Feb 9, 2026 (performance RSU settlement) and Feb 10, 2026 (time‑based RSU conversion).
• Prices shown: withholding entries reported at $94.00 (11,801 shares) and $90.31 (638 shares); RSU issuances and conversions show $0.00 (non‑cash awards).
• Shares issued by vesting/conversion: 28,044. Shares withheld for taxes: 12,439. Net new shares to insider: 15,605.
• Footnotes: Issuances were from performance‑based and time‑based RSU grants under the 2017 Equity Incentive Plan; withholding entries are to satisfy tax obligations (not open‑market sales).
• Filing timeliness: Report filed Feb 17, 2026 for transactions on Feb 9–10 — filed more than the standard two business days after the transactions (appears late).

Context

• These transactions are routine equity‑compensation events: RSUs vested/converted into stock and a portion of the shares were withheld to pay taxes. The “disposals” reported on the form are tax withholdings (code F), not open‑market sales — so they do not necessarily signal insider selling for cash or a change in sentiment.
• For retail investors, note that purchases are generally more informative than routine vesting; this filing primarily documents compensation settlement and tax withholding.