Lussier Charles 4

What Happened Charles Lussier, Chief Commercial Officer of Warrior Met Coal, had time‑based restricted stock units (RSUs) vest and convert into common stock on February 8, 2026. The filing shows conversions of 1,352 and 934 RSUs (total 2,286) into shares at $0 exercise price (derivative conversion). To satisfy tax withholding, 671 and 424 shares (total 1,095) were surrendered at $89.05 per share, generating cash value of $59,753 and $37,757 respectively (total ~$97,510). Net shares delivered to Lussier after withholding = 1,191 shares (2,286 − 1,095).

Key Details

• Transaction date: February 8, 2026; Form 4 filed February 10, 2026 (filed within typical 2‑business‑day window).
• Reported actions: Exercise/conversion of derivatives (code M) to settle RSUs; share withholding for taxes (code F).
• Share counts and prices:
  • RSUs converted: 1,352 and 934 shares (total 2,286) @ $0.00 (conversion).
  • Shares withheld for taxes: 671 and 424 shares (total 1,095) @ $89.05; total withholding value ~$97,510.
  • Net shares delivered to insider: 1,191.
• Shares owned after the transaction: Not specified in the provided Form 4 excerpt.
• Footnotes: RSUs were granted under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan and vest per the noted multi‑year schedules (see footnotes F1–F5). F2 indicates the withheld shares were used to cover tax liability.

Context

• These entries reflect RSU vesting/settlement (derivative conversion), not an open‑market purchase or sale of additional shares by the insider. The withholding is a routine tax‑settlement method (not a market sale signifying a change in sentiment).
• Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of exercise price or tax liability (share withholding).
• For retail investors: this is officer compensation being settled into stock with routine tax withholding; it does not necessarily indicate a buy/sell decision by the insider.