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WARRIOR MET COAL, INC.·4

Feb 17, 7:29 PM ET

Lussier Charles 4

4 · WARRIOR MET COAL, INC. · Filed Feb 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Warrior Met Coal (HCC) CCO Charles Lussier Receives RSU Award

What Happened

  • Charles Lussier, Chief Commercial Officer of Warrior Met Coal (HCC), received a total of 20,614 shares issued from performance-based restricted stock units (RSUs) on Feb 9, 2026. To satisfy tax withholding, 9,144 shares were withheld on Feb 9 at ~$94.00/share ($859,536) and 511 shares withheld on Feb 10 at ~$90.31/share ($46,148), for combined proceeds of $905,684. Separately, 1,150 time-based RSUs converted to common stock on Feb 10.

Key Details

  • Transaction dates and prices:
    • 2026-02-09: 20,614 shares issued (performance RSUs) — issuance exempt under Rule 16b-3(d).
    • 2026-02-09: 9,144 shares withheld for taxes at $94.00 → $859,536.
    • 2026-02-10: 1,150 shares converted (time-based RSUs).
    • 2026-02-10: 511 shares withheld for taxes at $90.31 → $46,148.
  • Total withheld shares: 9,655; total proceeds from withholding: $905,684.
  • Footnotes: F1 explains the 20,614 shares are performance-based RSUs earned from grants in 2023, 2024 and 2025 (performance period Jan 1–Dec 31, 2025); F2 = tax withholding; F3–F6 describe vesting schedules and plan rules.
  • Shares owned after the transactions are not specified in the filing.
  • Filing timeliness: Form 4 was filed Feb 17, 2026 for transactions on Feb 9–10 — the filing appears late (filed ~7–8 days after the transactions).

Context

  • This was primarily an award/vesting event (insider received RSUs) with routine tax-withholding (shares withheld rather than an open-market sale). Such withholding transactions are standard for executive compensation and do not necessarily signal a voluntary sale decision.
  • The RSU issuances were reported as exempt under Rule 16b-3(d), and time-based RSUs converted on a one-for-one basis per plan terms.

Insider Transaction Report

Form 4
Period: 2026-02-09
WARRIOR MET COAL, INC.HCC
Lussier Charles
CHIEF COMMERCIAL OFFICER
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-09+20,614→ 93,690 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-09$94.00/sh−9,144$859,536→ 84,546 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-02-10+1,150→ 85,696 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-10$90.31/sh−511$46,148→ 85,185 total
  • Exercise/Conversion

    Restricted Stock Units

    [F5]
    2026-02-10−1,150→ 2,300 total
    → Common Stock (1,150 underlying)
Holdings

  • Restricted Stock Units

    [F4]
    → Common Stock (935 underlying)
    935

  • Restricted Stock Units

    [F6]
    → Common Stock (2,225 underlying)
    2,225
Footnotes (6)
  • [F1]Represents the issuance of (i) 8,108 shares of common stock of the issuer earned pursuant to the performance-based restricted stock units ("RSUs") granted to the reporting person on February 8, 2023, (ii) 5,606 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 8, 2024, and (iii) 6,900 shares of common stock of the issuer earned pursuant to the performance-based RSUs granted to the reporting person on February 10, 2025, each based on the issuer's performance during the performance period from January 1, 2025 through December 31, 2025. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.
  • [F2]Represents the withholding of shares for tax purposes.
  • [F3]Represents the vesting and settlement of time-based RSUs, which convert into common stock on a one-for-one basis.
  • [F4]The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 8, 2024, the date of grant.
  • [F5]The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 10, 2025, the date of grant
  • [F6]The RSUs were granted to the reporting person under the Warrior Met Coal, Inc. 2017 Equity Incentive Plan, and vest in equal installments on each of the first three anniversaries of February 9, 2026, the date of grant
Signature
/s/ Kelli K. Gant, by power of attorney|2026-02-17

Documents

1 file
  • 4
    ownership.xmlPrimary

    4