Courtis Kenneth S. 4

What Happened
Kenneth S. Courtis, a director of Alpha Metallurgical Resources, acquired a total of 25,000 common shares in open-market purchases on March 9, 2026, for an aggregate of $4,405,650. The transactions were reported as several blocks: 2,507 @ $174.60 ($437,722); 8,958 @ $175.49 ($1,572,039); 9,242 @ $176.20 ($1,628,440); 1,510 @ $177.67 ($268,282); 592 @ $178.01 ($105,382); 1,751 @ $179.61 ($314,497); and 440 @ $180.20 ($79,288). These were purchases (transaction code P), i.e., acquisitions rather than sales.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely filing).
• Purchase breakdown (reported weighted-average prices and totals): see amounts above; total = 25,000 shares for $4,405,650.
• Footnotes: reported prices are weighted averages across multiple trades: ranges included ~$173.89–$174.88 (F1), $174.90–$175.89 (F2), $175.90–$176.89 (F3), $176.91–$177.77 (F4), $177.94–$178.07 (F5), and $179.13–$180.11 (F6).
• Shares owned after the transaction: not specified in the details provided here.
• Transaction type: Open-market purchases (P). No indication in the provided excerpt of a 10b5-1 plan, award, gift, exercise, or tax-related withholding.

Context
Insider purchases are often watched by investors as one data point about an insider’s view, but they do not guarantee future stock performance. This filing documents multiple small open-market buys by a board director totaling $4.41M on a single day.